Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform.
Crypto Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding.
Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
The protocol generated more than $730,000 in fees on Thursday ahead of the start of its allocation of 200,000 OP tokens per week to traders.
Market Maker DWF Labs Invests $20M in Derivatives Trading Platform Synthetix
DWF Labs purchased $15 million worth of Synthetix's native token SNX on March 16 with a further purchase of $5 million to follow
CME Group Teaming With CF Benchmarks for 3 New DeFi Rates and Indices
Pricing will initially come from a group of six crypto exchanges.
Synthetix's SNX Rises 14% on Liquidity Deal Renewal With Jump Crypto
Synthetix has traded over $2.8 billion worth of on-chain assets following its launch of atomic swaps earlier this year.
Grayscale Adds Flexa’s AMP to DeFi Fund, Removes BNT, UMA in Quarterly Rebalancing
The world’s largest digital asset manager announced the updated weightings on Monday, following reconstitution of the CoinDesk DeFi Index (DFX).
Synthetix’s SNX Token Jumps as DeFi Project Lyra Sets New Rewards Program
“This shows a growing community of participants for the Synthetix ecosystem,” said one analyst.
Some of DeFi’s Leading Investors Are Backing a New Options Protocol
Framework Ventures and ParaFi Capital are leading the round in a bid to see if DeFi options trading can finally click.
Synthetix Rallies as DeFi Protocol Announces Layer 2 Launch
"SNX's upside is in part supported by the latest update from the team in relation to the planned collaboration with Optimism," one analyst said.
