SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges like Binance, ...
Ethereum-based derivatives powerhouse Synthetix is considering buying options trading platform Derive in an token-for-token deal valued at $27 million that would see the project absorbed back into the ...
Volumes at Synthetix surpassed its nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag. Synthetix weekly trading volumes surpassed $1 billion, ...
Decentralized finance (DeFi) protocol Synthetix has acquired the leveraged token platform TLX in a token-for-token deal. The acquisition is part of Synthetix's plan to create a decentralized liquidity ...
Synthetix and Derive mutually withdrew a $27M token swap deal after community pushback. Derive users criticized the proposed valuation and raised concerns over token dilution for SNX holders. Both ...
Synthetix, a “decentralized” asset management protocol that offers non-custodial mimetic trading, had briefly surpassed the $1 billion mark (according to DeFi Pulse data). However, the decentralized ...
The founder of the popular decentralized finance (DeFi) platform Synthetix has proposed capping the supply of its native SNX tokens to a fixed 300 million as the protocol gains revenue from newer ...
The blockchain-based derivatives protocol Synthetix saw its SNX tokens jump in price Tuesday after another project, Lyra, announced a rewards program tied to the protocol’s sUSD stablecoins. In order ...