Although we recognize Synthetix’s solid leadership in the synthetic track and its deflationary monetary economics, we are worried about its long-term competitiveness with other sustainable assets DEX, and that breakthroughs in TVL and transaction volume growth must rely on new chains.
JinseFinance2023 is an erfolgre year for Synthetix. Perps V2 quickly achieved product-market fit, with transaction volume of approximately US$43 billion and fees incurred of approximately US$36.5 million.
JinseFinanceSynthetix's Progressive Stride in DeFi The Andromeda Release signifies Synthetix's unwavering commitment to innovation and user-centric development in the DeFi space. By integrating Core V3, Perps V3, introducing USDC as collateral, and executing a buyback and burn mechanism for SNX tokens, Synthetix sets new industry benchmarks and fosters the DeFi sector's growth and maturity.
BerniceHello Kitty is celebrating its 50th anniversary with a global extravaganza, featuring augmented reality experiences, TikTok, ROBLOX, and ZEPETO integration, and a nationwide tour. The festivities kick off on November 1, 2023, with events spanning the entire year under the theme of "Friend the Future." Fans worldwide can enjoy interactive AR encounters and themed content. New costumes, emojis, and international events are part of this exciting celebration.
JoySynthetix is targeting a Q4 release for both the third version of its decentralized perpetual futures exchange and its newly announced front end, Infinex. Synthetix founder Kain Warwick said that the exchange could expand its offering — currently limited to perpetual trading — down the line.
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BitcoinistL2 scaling solution Synthetix has partnered with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synthetic assets into tokens.
CointelegraphL2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens.
CointelegraphSNX price got a boost after the project geared up for participation in the L2 Curve Wars and Optimism airdrop hunters engaged with the protocol.
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