You can now trade FAANG stocks on Ethereum DeFi app Synthetix

Synthetix, an Ethereum-based decentralized finance (DeFi) app, launched the full suite of its on-chain synthetic derivatives yesterday, as per an announcement. The post You can now trade FAANG stocks on Ethereum DeFi app Synthetix appeared first on CryptoSlate.

Synthetix (SNX) ‘Bellatrix’ update makes “shorting” easy for DeFi users

Yesterday saw the launch of an easy “shorting” provision for users of the DeFi app, shooting the prices of its token by 11%. The post Synthetix (SNX) ‘Bellatrix’ update makes “shorting” easy for DeFi users appeared first on CryptoSlate.

The future of finance: Synthetix just launched staking on Optimistic Ethereum

Congestion has been a theme for Ethereum over the past few months.

The post The future of finance: Synthetix just launched staking on Optimistic Ethereum appeared first on CryptoSlate.

Synthetix DeFies odds, surges 30% despite Ethereum drop from year-to-date highs

For most of the past 48 hours, the crypto market was blood red.

The post Synthetix DeFies odds, surges 30% despite Ethereum drop from year-to-date highs appeared first on CryptoSlate.

AAVE and SNX Surge Higher as Coinbase Finally Adds the DeFi Coins

Like many other exchanges, Coinbase has been focusing on decentralized finance (DeFi) over the past few months. The rise of decentralized exchange platforms such as Uniswap has begun to eat at the market share of these centralized exchanges.

DeFi “Blue Chips” Aave and Synthetix Surge 15% as Buying Floods In

Earlier this week, the decentralized finance (DeFi) market was in a state of capitulation. Top coins pertaining to this space were plunging by dozens of percent over the span of a day or two, including “blue chip” names like Yearn.