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 is pleased to announce the addition of Lido Finances’ stETH as the latest asset for leverage trading on Synthetix Perps. This new perpetual futures market “has been approved by SIP 2021 and ...

Synthetix founder Kain Warwick has issued a stern message to SNX stakers, urging them to adopt the protocol's newly launched staking mechanism aimed at restoring the dollar peg of its stablecoin, sUSD ...

Decentralized finance platform Synthetix is planning to venture further into crypto derivatives with plans to re-acquire the crypto options platform Derive. Synthetix said in a May 14 blog post that ...

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A Synthetix spokesperson told Cointelegraph on April 18 that sUSD’s volatility was driven by “structural shifts” after the SIP-420 launch. Synthetix founder Kain Warwick has threatened SNX stakers ...

Key takeaways: SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges ...

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, ...