2023-4-1 21:05 |
Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders.
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Synthetix’s trading volume went up considerably in the last few weeks. Fees and revenue also increased, but TVL plateaued. Recently, Synthetix [SNX] got into the spotlight, thanks to its tThe post Synthetix: Massive growth noted in these areas, but DeFi performance stagnant appeared first on AMBCrypto.
2023-2-26 18:30 | |
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L2 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.
2022-6-21 11:26 | |
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Synthetix’s Kwenta exchange has announced the launch of the L2 Kwenta Alpha on Optimistic Ethereum. The team says the L2 Alpha will enable both Synthetix and Kwenta users to learn more about trading synthetic assets on L2, while also enjoying up to 50x cheaper transaction fees, according to a blog post on July 30, 2021. KwentaRead More
2021-7-31 17:00 | |
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To “alleviate the gas crisis,” the Layer 2 solution has taken its first big step so that small users don’t get priced out by extremely high fees. The post Optimistic Ethereum Finally Soft Launches Mainnet; Synthetix (SNX) Staking Goes Live Too first appeared on BitcoinExchangeGuide.
2021-1-16 18:39 | |
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It’s been quite the year for DeFi.
The post Responding to 1,000%+ spike in Ethereum fees, Synthetix is testing layer-2 tech appeared first on CryptoSlate.
2020-9-26 04:00 | |
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Popular on-chain synthetic assets protocol, Synthetix is in the first phase of its transition to Optimistic Ethereum, a layer two scalability solution for the second-largest network that continues to grapple with congestion and sky-high fees thanks to all the DeFi craze.
2020-9-25 21:31 | |
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The Synthetix decentralized finance (DeFi) platform is among several that are seeking solutions to avoid heavy gas fees that have plagued the sector since its surge in popularity. The move is part of an overall drive to usher in Layer 2 scaling solutions on the Ethereum network.
2020-9-25 15:15 | |
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Cryptocurrency exchange Binance today announced the launch of its spot copy trading feature.
The Ethereum memecoin $PEPE has seen a remarkable surge, hitting an all-time high of $0.00001127 today with a market cap surpassing $4.5 billion. This represents a significant gain of over 11% for the day and 32% over the past 7 days, making it the second largest crypto memecoin in the […]
Vanguard and BlackRock have increased their stakes in MicroStrategy holdings (MSTR) on May 10. Vanguard holds 1. 6 million shares of MSTR worth $2. 6 billion as of the end of the first quarter, up from 1.
Quick Take According to Farside data, the Hong Kong (HK) Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) experienced the largest single-day outflow since launch. BTC ETFs Farside data reports that the BTC ETFs witnessed a staggering $25.
Bitcoin was relatively steady at the time of writing, hovering just above $61,000, with a slight 0.1% increase in the past day.
Bitcoin experienced a dip in value today, falling below the $62,000 mark and recording a 2. 5% loss. However, amidst this downturn, a significant whale in the cryptocurrency market seized the opportunity to purchase an additional 250 BTC, totaling $15.
Cryptocurrency derivatives exchange BitMEX has recently begun offering options trading to its user base.