Collaboration between Toros and dHedgeOrg to build delta-neutral vault on Synthetix Perps

**Mystery Trader Joins $1M Competition** Synthetix continues teasing participants for their Mainnet trading competition with cryptic clues. The latest hint references someone from the "inverse of summerloud" - likely meaning "winterquiet" or a similar wordplay. **Competition Details:** - 100 traders competing for $1,000,000 top prize - 35 spots reserved for pre-depositors - Top 20 sUSD depositors get automatic entry - Top 10 sUSDe depositors qualify - 5 additional lottery winners **Entry Requirements:** - Must maintain deposits throughout competition - Pre-deposit at [predeposit.synthetix.io](https://predeposit.synthetix.io/) - Winners selected October 13th at 00:00 UTC The competition will test Synthetix's new Ethereum Mainnet perp DEX, featuring private trading data and gasless transactions. Major crypto Twitter personalities are already confirmed participants. *Ready to compete with the best traders for life-changing money?*

**Synthetix Mainnet** is launching with its first trading event scheduled for **October**. Key details: - Community call on **Oct 1 at 21:30 UTC** - Event hosted on [Discord](https://discord.com/events/413890591840272394/1420850904806064268) - Trading competition details available The launch represents a significant milestone for the synthetic assets protocol, moving from testnet to full mainnet deployment. **Join the community call** to learn participation requirements and competition mechanics.

**Infinex has extended its sUSD deposit rewards program** for another 6 weeks, running from September 26th to November 7th. **Weekly Rewards:** - 12,000 OP tokens distributed among all eligible sUSD depositors - Automatic participation by depositing sUSD on the platform **Weekly Raffle Prizes:** - 1st place: 1 ETH - 2nd & 3rd place: Infinex Patron NFTs - 4th place: 2,000 SNX tokens - 5th place: 1,000 SNX tokens Users receive **one raffle entry per 1,000 sUSD deposited**, increasing chances with larger deposits. The program offers dual earning opportunities through both guaranteed OP token distributions and raffle participation. [Start earning now](https://infinex.xyz) or read the [full details](https://blog.synthetix.io/6-more-weeks-of-infinex-rewards/).

**Synthetix reveals another competitor** for their upcoming mainnet trading competition with a **$1,000,000 top prize**. A prominent figure from the **Chinese crypto Twitter community** has secured one of the 100 spots in the high-stakes trading battle. The competition structure includes: - **50 invite-only spots** for top traders - **35 spots for pre-depositors** into sUSD/sUSDe vaults - **15 spots for Kwenta point holders** This follows previous announcements of a **semi-retired trading legend** turned pump.fun streamer also joining the competition. The event will **battle-test the first perp DEX on Ethereum**, with pre-deposit winners selected October 13th at 00:00 UTC. [Pre-deposit here](https://predeposit.synthetix.io/)

**Synthetix Mainnet** is launching multi-collateral margin trading, allowing users to deposit portfolios of assets as collateral while keeping them productive. **Three supported collateral types:** - **sUSDe** - Ethena's yield-bearing synthetic USD stablecoin - **wstETH** - Lido's liquid staked ETH - **cbBTC** - Coinbase's Wrapped Bitcoin **Key benefits:** - Trade without selling underlying assets - Retain upside potential and yield generation - Improved capital efficiency - Lower capital gains implications The architecture supports any ERC-20 token with sufficient Ethereum liquidity, opening opportunities for partnerships with core Ethereum protocols and positioning Synthetix perps as a critical tool in the ETH ecosystem. Read more: [Multi-Collateral Margin Blog](https://blog.synthetix.io/multi-collateral-margin-on-synthetix-mainnet/)