Whales are accumulating SNX as Synthetix launches a $1M trading competition, signaling renewed activity across its ecosystem.
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Synthetix has proposed acquiring Derive via a $27M token swap, merging teams, tech, and governance into one DeFi protocol.
sUSD recently lost its peg amid system changes in Synthetix, with updates and rewards aiming to bring back user trust.
Synthetix acquires Kwenta, regaining front-end control to unify strategic goals and boost ecosystem alignment. The acquisition aims to streamline product development, enhance branding, and improve B2B offerings in DeFi. Synthetix…
Synthetix seeks an extension to support Multi-Collateral Perps, attracting new users with diverse trading strategies. The launch of Multi-Collateral Perps on Arbitrum aims to enhance ecosystem engagement through flexible collateral…
Synthetix launches USDx liquidity opportunities on Arbitrum, enhancing user engagement before Synthetix Perps launch. Synthetix allocates 3,000 SNX weekly to incentivize USDx liquidity providers on Arbitrum. Synthetix has offered an…
Whale deposits 1.068 million SNX into Binance, losing $216k in a recent transaction. Synthetix launches Andromeda, implementing Core V3 and Perps V3 for the cross-chain future. A whale made a…
Synthetix secures the top gainer spot on CoinMarketCap, drawing investor attention. Synthetix’s recent updates, including the Andromeda release, strengthen its DeFi protocol. Synthetix (SNX) has recently received a lot of…
The Bitcoin price was once again rejected near the all-time due to whale activity. AAVE and Synthetix (SNX) are seeing a significant price increase on the back of the Coinbase…