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  • SNX to be listed on OKEx

    We’re pleased to announce SNX will be listed for trading on OKEx against USDT and BTC!SNX deposits will go live at 4:00am, July 24. Spot trading will be enabled from 7:00am, July 24. SNX withdrawals will be available at 9:00am on July 27. All times are in UTC. If you have any questions, please visit the OKEx website or come join the Synthetix Discord. … More

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  • This Week in DeFi – July 10th

    To Our DeFi Community,
    DeFi is coming to CeFi. It’s too good for them to resist.
    We mentioned this last week but DeFi tokens have been on an absolute tear over the past few months. Now, centralized exchanges are looking to capitalize on the new wave of tokens that are booming in the Ethereum economy. This trend was marked with Coinbase announcing their exploration on a range of new crypto assets back in early June, half of which were DeFi tokens. This week, Binance announced their listing … … More

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  • Binance Lists Synthetix SNX: DeFi Tokens Enter CeFi

    Binance – the leading cryptocurrency exchange – has listed Synthetix‘s native token SNX. SNX has been listed on @binance! It will go live for trading just under two hours from now, but deposits have been enabled already. It will trade against BTC, BNB, BUSD, and USDT. https://t.co/XOWHv6zaE4
    — Synthetix (@synthetix_io) July 9, 2020 This listing makes a major turn for DeFi tokens, many of which operated primarily on DEXs like Uniswap or obscure secondary exchanges like … … More

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  • SNX Surges as Synthetix Debuts Binary Options with Acrux Upgrade

    Synthetix – the sector leading derivatives protocol – has officially released native binary options as part of the Acrux upgrade. We’re excited to announce that the Acrux release is now complete and binary options are now live at https://t.co/jQB0I2zxns! 1/3 pic.twitter.com/BL6nPOX05P
    — Synthetix (@synthetix_io) June 30, 2020 Last week, we recapped the latest Synthetix community call in which prominent community members expressed very optimistic opinions about the future… … More

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  • Synthetix Governance Call Recap: SNX Surges Ahead of Acrux

    Synthetix‘s recent governance call sparked a wave of new interest in the leading derivatives protocol. Coming out of the call, many prominent DeFi Twitter personalities highlighted their bullish outlook on the future of Synthetix given the numerous upcoming launches that will drastically expand the protocol’s product offerings. I haven’t been as active and involved in the @synthetix_io community recently but the latest governance call completely reignites my bullishness again.
    T… … More

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  • This Week in DeFi – June 19th

    To Our DeFi Community,
    Compound’s launch of the COMP token earlier this week may have very well sparked a new trend in DeFi – liquidity mining (also known as yield farming). In case you somehow missed it, the leading lending protocol has begun distributing COMP tokens to each of the protocol’s money markets pro-rata by the total interest accrued. While many were anticipating the launch, few expected the results.
    After initially listing on Uniswap for $16, COMP tokens have soare… … More

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  • Ren Synthetix and Curve Team Up For BTC Yield Farming

    With the launch of COMP liquidity mining earlier this week, yield farming has become a hot topic in DeFi. Users can start earning high yields across an increasingly wider range of Defi protocols in native tokens via by providing liquidity (or any value-added service) to the network. While yield farming is a newer concept to the DeFi community, we’re now seeing the ultimate yield hacking strategies emerge. Ren Protocol, Synthetix, and Curve have teamed up to launch a new incentivized liquid… … More

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  • DeFi Tokens Lead Crypto Returns in 2020

    DeFi is surging and it’s becoming apparent with the performance of the sector’s leading tokens.
    While prominent crypto assets have done well on the year, with Bitcoin up +32% and Ethereum up +287%, Ethereum DeFi tokens in the top 100 have averaged a +237% return year-to-date (YTD). We last covered DeFi tokens in mid-Janaury where we compared the performance of ETH and DeFi to BTC over the course of 2019. What we found was that taking an equal-weight basket of 6 major DeFi tokens R… … More

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  • This Week in DeFi – June 12th

    To Our DeFi Community,
    Another week in DeFi in the books. As always, the week was filled with new releases, projects reaching new milestones, and more. This Week in #DeFi @CurveFinance integrates RenVM @AaveAave reaches $100M market size @graphprotocol partners with ChainLink @synthetix_io adds Balancer incentives @Opium_Network launches pre-market trading for $COMP + $BAL
    Onwards!https://t.co/r8bQQzd34W
    — DeFi Rate (@DefiRate) June 12, 2020 One of the most interesting things to … … More

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  • Synthetix Adds SNX Balancer Incentives + Liquidations with Altair & Halite

    Synthetix – the sector-leading derivatives protocol – has just unveiled a set of new features and upgrades as a result of the Altair and Halite releases including Balancer Liquidy incentives. The synthetixDAO is funding a four-week trial to incentivise a new SNX/USDC 90/10 liquidity pool on @BalancerLabs! https://t.co/Y5sXKyZWRi
    — Synthetix (@synthetix_io) June 5, 2020 Halite Upgrades
    Starting with the Halite product release, the protocol implemented a number of front-end im… … More

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  • Synthetix SNX Stakers Struggle to Combat High Gas Prices on Mintr

    Synthetix – the sector leading derivatives protocol – has long been known for its variety of passive income opportunities to reward value-added contributors to the wider SNX ecosystem.
    Our more frequent readers may recall our sETH & sUSD liquidity incentive and SNX staking tutorials – both geared at helping users with any amount of capital share in the platform’s growth by receiving weekly SNX inflation.
    While things have been running smoothly with these incentive pro… … More

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  • Synthetix Layer 2 Exchange Demo Using OVM + Trading Competition

    While the topic of Optimistic Rollups has somewhat fallen to the wayside in light of all the innovation we’ve seen in DeFi over the course of the last year, it’s quite exciting to see it come back to center stage with the demo of Synthetix and their upcoming Layer 2 decentralized exchange. We’re extremely excited to announce an L2 https://t.co/FDbOs9UadQ demo with @optimismPBC! This demonstrates the power of OVM to deliver high-speed Ethereum transactions to supercharge the Synt… … More

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