Synthetix stands at the cusp of creating a DeFi revolution with its upcoming V3 release. It'll help to usher in a period of mass innovation throughout the world of onchain derivatives and financial instruments.| Synthetix – Blog
Rejoice Infinexoooors, sUSD depositors on Infinex will continue to earn rewards into the Synthetix Mainnet launch. This campaign extension ensures low volatility in sUSD as we spin up the Synthetix Liquidity Vault (SLP). Infinex users who deposit sUSD from September 26th, 2025 until November 7th, 2025| Synthetix – Blog
Synthetix is bringing the first perps DEX to Ethereum Mainnet in Q4 2025, launching with a landmark trading competition. We provide the capital, you make the trades. The winner will take home $1m. This competition serves as a proving ground for our technology, infrastructure and integrators, and incorporates your feedback| Synthetix – Blog
Private onchain perps? It starts with Synthetix. In May 2025, the now-infamous trader James Wynn evaporated nearly $100 million over the span of a calendar week following a series of liquidations on multiple high-leverage Bitcoin longs on Hyperliquid. Sure, Wynn was loudly telegraphing his $100M+ leverage positions across social| Synthetix – Blog
It Starts With Synthetix Ethereum is about to become a different beast. While everyone has been fighting over which Layer 2 or alt-L1 has the lowest fees and highest throughput, a derivatives renaissance is underway on Ethereum Mainnet. In the coming weeks and months, we're about| Synthetix – Blog
One Portfolio. Infinite Possibilities. Synthetix is bringing perps to Ethereum Mainnet in Q4 2025, and one of the most important features at launch will be multi-collateral margin. Traders will be able to post a portfolio of assets as margin, including yield-bearing collateral, keeping those assets productive while they trade, or| Synthetix – Blog
Perps are Ethereum's missing foundation. A critical gap in Ethereum's DeFi stack is about to be filled, unlocking massive institutional capital, improving capital efficiency and reunifying years' worth of fragmented liquidity. The Trillion-Dollar Market Hiding in Plain Sight Picture the following: You're looking at the world's most sophisticated financial ecosystem.| Synthetix – Blog
Be the first to experience the future of perps Synthetix is launching the first perp exchange on Ethereum Mainnet, and pre-deposits are now live. This is your chance to earn a spot on the Synthetix Mainnet alpha whitelist and be among the first to trade and earn Synthetix Points. Each| Synthetix – Blog
Synthetix is done with L2s. With Arbitrum and Base gone, we’re now shutting down Optimism as a final farewell. By September, all remaining Synthetix functionality on Optimism will cease to exist. This marks the final step in our broader transition away from Layer 2 deployments, as we| Synthetix – Blog
Synthetix helped define the earliest eras of DeFi, from some of the first derivatives on Ethereum with Synths to being among the earliest adopters of L2s. Now, with Synthetix Mainnet preparing to launch, the protocol is returning to Ethereum with a clean slate and a sharper focus. At the center| Synthetix – Blog
Another round of rewards has been approved for sUSD depositors on Infinex. This campaign extension comes as we near the much awaited phase 0 of Synthetix Mainnet. Infinex users who deposit sUSD from August 15th, 2025 until September 26th, 2025 will be eligible to earn rewards and will be in| Synthetix – Blog
August 6, 2025 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week. 👉TLDR * Synthetix Mainnet * ICYMI: Synthetix is launching the first Ethereum Mainnet settled CLOB (central limit order book) perp exchange * Target launch: Early Q4 * Supports gasless| Synthetix Blog
Synthetix will begin sunsetting all remaining leveraged tokens on Optimism. This is one of the final steps in our broader shift away from Layer 2 deployments, as we refocus protocol resources on Synthetix Mainnet, the high-performance perp exchange being built on Ethereum. This shutdown follows the completed deprecations of our| Synthetix Blog
Synthetix is an OG DeFi protocol that launched on Ethereum Mainnet in 2018. Since inception, Synthetix has continually reinvented itself in line with changing technology and market conditions. This has included transitioning from a stablecoin to a Perps exchange and leading the Defi migration to L2’s... It’s time| Synthetix Blog
July 30, 2025 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week. 👉TLDR Ethereum turns 10: A decade of uptime and composability. BaseVol: Building simplified crypto options with short durations and clean UX. Overtime: 600+ on-chain| Synthetix Blog
July 23, 2025 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week. 👉TLDR Staking:8.16M sUSD now staked in the 420 Pool earning 5.96%. Infinex staking is live for Patrons; rollout to all users| Synthetix Blog
Synthetix was one of the first protocols to launch on an Ethereum rollup back in 2021—a lifetime ago in DeFi terms. While the promise of faster and cheaper execution was compelling, the reality fell short. Liquidity became fragmented, communities splintered, and infrastructure proved unreliable. Synthetix faced frequent downtime due| Synthetix – Blog
Synthetix is returning to Ethereum mainnet to launch a perps exchange Launching the first perps DEX on Ethereum Mainnet In 2019, Synthetix led the move to Optimism, as Ethereum wasn't scaling fast enough. While we solved scaling, what many of us underestimated was the impact of liquidity fragmentation from the| Synthetix – Blog
Stake More, Earn More: 5 million SNX up for grabs with the re-launch of SNX staking Synthetix is re-launching SNX Staking, featuring 5M SNX in incentives to rewards dedicated SNX holders and welcome a new wave of SNX enjoyooors. By staking SNX, depositors will not only secure a share of| Synthetix Blog
The derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.| Synthetix Blog
Synthetix is entering a pivotal new phase, as we dive deeper into the Synthetix DeFi Renaissance. The next big iteration of Synthetix is underway, and a new set of staking initiatives is here to strengthen protocol health and incentivise the community for long-term growth. Open right now, sUSD stakers will| Synthetix Blog
April 30, 2025 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week. 👉TLDR * Spartan Council Elections Live * 4 seats up for grabs: 3 Advisory & 1 Treasury. Voting now open on Snapshot through May 7. * Only 420 Pool| Synthetix Blog
The newest trading platform powered by Synthetix – Parifi launches today, boasting features designed to compete with modern centralized exchanges. Parifi makes decentralized derivatives trading more accessible to users with account, chain, and gas abstraction, as well as upcoming mobile app for Android and iOS. “With Synthetix’s modular V3 architecture,| Synthetix Blog
Quarterly Report for Synthetix, Quarter 1 of 2025: January — March. Q1 Highlights ⭐ Spartan Council/CCs: 420 Pool, Alpha Calls We’ve seen some major momentum shifts and meaningful progress at Synthetix in just the first quarter of 2025! From record-breaking migrations and the launch of the 420 Pool, to expanded| Synthetix Blog
Synthetix & Infinex announce an SNX deposit campaign in anticipation of the launch of SNX staking Infinex users who hold SNX (deposit or swidge) on from April 7th, 2025 will be eligible to earn SNX rewards and will be in the running for weekly prizes, including Patrons. This campaign is launched| Synthetix Blog
April 2, 2025 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week. 👉TLDR * 420 Pool Update: * Over 1,000 unique depositors * 138 million SNX has been delegated * 90% of previously individual stakers have now migrated! * Coming next| Synthetix Blog
March 12, 2025 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week. 👉TLDR * 420 Pool is LIVE: * Existing stakers who join the 420 Pool will have their debt forgiven linearly over a 12-month period, with 50% forgiven| Synthetix Blog
Welcome to Your Final Burn The 420 Pool is now open to all SNX stakers after successfully attracting over 80 million SNX during the whitelisting period. This is your chance to deposit your staked SNX, erase your debt, and never worry about liquidations again. If you've been waiting for a| Synthetix Blog
As part of the push to make Synthetix staking great again, Synthetix is focused on deepening liquidity for its native stablecoin, sUSD. A crucial part of this effort is the sUSD/sUSDe Curve pool, which offers LPs an opportunity to earn incentivized yield while strengthening stablecoin liquidity across DeFi. In| Synthetix Blog
Synthetix is keeping the sUSD rewards program on Infinex for another 6 weeks! Yield farmers who deposit sUSD on Infinex from February 27, 2025, onwards will be eligible to earn rewards and may also win prizes. This is the second phase of the rewards program, and it has a new| Synthetix Blog
February 26, 2025 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week. 👉TLDR * Synthetix Alpha Calls: New call series for the community to get a behind-the-scenes look at the latest Synthetix offerings, test alpha releases, and directly| Synthetix Blog
Synthetix is built on collaboration and community. A balanced ecosystem of builders, stakers, traders, and posters is essential to the protocol, and its impact on the DeFi landscape. The Synthetix Alpha insider community is an opportunity for you to get a behind-the-scenes look at the latest Synthetix offerings, test alpha| Synthetix – Blog
Synthetix keeps the momentum going with another four weeks of Base LP rewards and offer more opportunities for LPs to earn while traders enjoy deeper market liquidity. Extension Timeline The program is extended for another four weeks, split into two phases: * Feb 11 - Feb 25: For two weeks, rewards| Synthetix – Blog
After a second successful acquisition, Synthetix has fast-tracked and launched its newest derivatives product, Synthetix Leveraged Tokens, designed to simplify access to leverage in crypto markets. Highlights include a new deployment on Base with Synthetix V3, a range of new leveraged tokens, and an incentive campaign to celebrate the launch.| Synthetix Blog
An exciting first step in a broader tokenized vaults offerings Like people of good taste everywhere, you have probably already heard about Synthetix’ refreshed strategic vision, and about one of its key pillars: graduating from being a B2B financial infrastructure protocol to also designing and curating a set of vaults| Synthetix Blog
Simplified access to leverage on your favorite markets is getting an upgrade. Our Base V3 deployment of Synthetix Leveraged Tokens is set to go live next week on January 21st. To celebrate this milestone, we’re running a five-week rewards campaign with 150,000 USDC and 75,000 OP for| Synthetix – Blog
Synthetix and Infinex are delivering big opportunities for sUSD holders. Starting January 16, 2025, sUSD yield farmers can earn rewards just for depositing sUSD on Infinex. SNX stakers and other sUSD holders can enjoy 6 weeks of rewards with a velvety smooth experience in the Infinex app. Here’s what| Synthetix – Blog
Beginning today, Synthetix Perps on Arbitrum have been placed into close-only mode. This decision follows the sharp pivot in Synthetix’s product strategy to vertically integrate rather than existing solely as a platform. While this decision was not taken lightly, it is a necessary step to ensure we can deliver| Synthetix Blog
Synthetix Exchange is taking your trading to the next level with gasless 1-click trading. This powerful upgrade makes trading smooth and simple, all while covering your gas costs on Base. Building on the launch of Multicollateral Perps on Base, gasless 1-click trading eliminates the cost and hassle of transaction confirmations| Synthetix Blog
The Synthetix Reboot is accelerating with the re-launch of Synthetix Exchange, the release of Multi-Collateral Perps on Base, a new website, and the upcoming launch of Synthetix Leveraged Tokens. Base Multi-Collateral Perps on the new Synthetix Exchange enables Perps traders to use a variety of new collateral types and maintain| Synthetix Blog
Synthetix Perps are now in your pocket with Mass, the mobile-first platform redefining onchain trading. Thanks to our friends at Mass, trading Synthetix-powered perpetual futures is now more convenient than ever—right from your mobile device, so you can take advantage of market opportunities anywhere, anytime. Rudy Kadoch, Founder of| Synthetix Blog
Hot on the heels of acquiring Kwenta, Synthetix has made another major strategic acquisition, this time acquiring a leading leveraged token platform, TLX. The acquisition was a token-for-token transaction that was approved via SIP-412 and TIP-14. Adding leveraged tokens is the first step towards Synthetix building and offering a wide| Synthetix Blog
The holidays are getting Based at Synthetix with the Decembrrrr Base LP Incentives—a four-week program designed to incentivize deep liquidity for the busy perps trading season. Liquidity providers can earn boosted yields with weekly rewards, while traders enjoy plenty of fresh powder to carve up the markets. Improving the| Synthetix Blog
December 4, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week. 👉TLDR * SIP-412, to acquire TLX and launch Synthetix Vaults, was presented last week. * TLX is a Synthetix leverage token protocol, and vaults are an important| Synthetix Blog
November 27, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week. 👉TLDR * Meme Competition: Create a Synthetix-related meme and post it in #memes in the Synthetix Discord for a chance to win! 1st place: 100M $PEPE,| Synthetix Blog
Synthetix is proposing to acquire TLX, per SIP-412 and TIP-14, as an exciting first step towards producing native vaults that leverage the composability of Synthetix and give users frictionless access to high-quality structured products. Synthetix, a leader in decentralized derivatives markets, is excited to announce the launch of a new| Synthetix Blog
The first major strategic move since the recent referendum, Synthetix acquires their ecosystem leading Perps trading platform Kwenta in a token for token transaction after approval of SIP-411 by the Spartan Council and KIP-138 by the Kwenta Council. In the post-referendum era for Synthetix, we are reimagining what it means| Synthetix Blog
It’s now Autumn in the northern hemisphere, but that’s not stopping us from bringing back the DeFi Summer vibes. The recently passed governance referendum: SR-2 A Synthetix Reboot, was approved with a staggering 104 million SNX tokens, achieving a near-unanimous consensus of 99.94% in what may be| Synthetix Blog
September 30, 2024 The following post contains a recap of last week's Town Hall regarding the recently proposed Synthetix Referendum: A Synthetix Reboot. Community questions and answers are also reviewed below. 👉TLDR * This past week, Fenway held a Town Hall (recording here) to discuss a referendum being proposed through Synthetix| Synthetix Blog
Synthetix has grown and evolved over the past six years—from humble beginnings as a pioneer of synthetic assets to becoming the premier choice for liquidity and derivatives infrastructure, powering over half a dozen platforms across leading blockchains. Our community, which is at the heart of everything we do, has| Synthetix Blog
A new Synthetix Governance epoch is about to kick off and with it, the launch of the Synthetix app chain - SNAXchain - on Optimisms Superchain infrastructure. Before we get into the opportunity presented with launching a new chain, let's review how the election will work. New Election Timeline Nominations| Synthetix Blog
August 14, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council, Core Contributors, and Ambassador Council from last week. 👉TLDR * Synthetix Perps launch on Arbitrum: USDx liquidity incentives flowing to Ramses and Curve pools while perps is still being deployed. The team| Synthetix Blog
The Treasury Council has begun migrating to V3, as detailed in SIP 304, marking the first phase of the Synthetix V3 transition. Staker migration to V3 is expected to open in 2-3 weeks. This update introduces significant changes to the ecosystem, particularly in how liquidations are handled.| Synthetix Blog
STP-5 initiated a BD working group with the goal of increasing activity by institutional funds in the Synthetix ecosystem. This summarizes the results of Phase 1 of the project. Research The project started off with a research phase, with the intention of discovering the blockers that may prevent professional funds| Synthetix Blog
July 10, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council, Core Contributors, and Ambassador Council from last week. 👉TLDR * Multi-collateral perps margin: On test net and in audit. CCs are working with integrators to iron out timelines and decide how it| Synthetix Blog
June 26, 2024 The following post contains a recap of news, projects, and important updates from the Spartan Council, Core Contributors, and Ambassador Council from last week. 👉TLDR * Arbitrum LP and incentives are live: see below for details regarding the Arbitrum LTIP distribution plan (12 week program, distributing 2 million| Synthetix Blog
Synthetix is scaling up its Arbitrum deployment and providing details of its Arbitrum LTIP distribution plan. Approved by ARB governance, this 12-week program aims to attract liquidity providers, stablecoin liquidity, and Perps trading activity, distributing 2M $ARB until Sep 3rd.| Synthetix Blog
Synthetix V3 has launched on Arbitrum, with LTIP rewards available for liquidity providers. The phased deployment will enable Perps trading, introduce an Arbitrum-native stablecoin, and expand collateral options to solidify Synthetix's presence on the network.| Synthetix – Blog
Quarterly Report for Synthetix, Quarter 4 of 2023: October — December. 👉Q4 Highlights ⭐ Spartan Council/CCs: Andromeda Release & Tokenomics ⭐ Grants Council: Watcher Page Improvements ⭐ Ambassador Council: OP Grants & Retroactive Public Goods Funding support We have a lot of big news to review for the final quarter of 2023 and as always,| Synthetix Blog
Synthetix Perps V3 represents a significant upgrade for the world of onchain perpetual futures. Building on the successes and learnings of V2, this new version is designed to further enhance trading efficiency, usability, and resilience.| Synthetix Blog
In the Synthetix V3 ecosystem, pools play a crucial role in facilitating liquidity for various markets. They serve as a bridge between liquidity providers and markets, allowing the latter to access the necessary liquidity to back on-chain derivatives.| Synthetix Blog
The Perps V3 Testnet Trading Competition has officially begun. It started on October 2nd, at 5 pm UTC, and will conclude on October 23rd at midnight UTC.| Synthetix – Blog
Per SIP-317 and SCCP-304, a synthetic ETH spot market and the snxETH token have been deployed to Optimism. Find the README and source code for the spot market on GitHub. Prototype UIs for interacting with these smart contracts are available for liquidity providers and for traders. The documentation for Synthetix| Synthetix Blog
