
Synthetix Trading Competition eligibility list is now live with 100 confirmed participants competing for a $1M top prize.
Key Details:
- Competition starts October 20 at 23:59 UTC
- Full wallet list available in Google Sheets
- Eligible traders must contact Synthetix Help Center for details
Competition Structure:
- 50 invite-only spots for top crypto traders
- 35 spots for pre-depositors (top 20 sUSD + top 10 sUSDe depositors)
- 15 spots for Synthetix community members
This marks Synthetix's return to Ethereum Mainnet with the first native perp DEX, featuring gasless trading and private order data.
Join the discussion:
Private Perps: The End of Target Practice. The future of onchain perps trading is private, gasless & hyper-efficient. Here's how Synthetix Mainnet is leading the way. 📘 blog.synthetix.io/private-perps-… 🧵⬇️
We are hyped to announce that @farokh is now officially locked in for the Synthetix Mainnet trading competition 🔒 He will soon go head-to-head with 99 other traders for the chance of taking home a $1,000,000 top prize. We await his presence in the order books 👀
The people's champion @laurashin is officially locked in for the Synthetix Mainnet trading competition🔒 Next week, Laura will face off against 99 of CT's biggest & best traders for a $1,000,000 top prize Let's see how much crossover there is between journalism & perps 👀
IcoBeast is a beast. We are beyond excited to announce that @beast_ico is officially locked in for the Synthetix Mainnet trading competition🔒 Starting October 20, he will go head-to-head with 99 other traders for a $1,000,000 top prize
The greatest illustrator and Top-Blaster in Chief of Crypto Twitter @boldleonidas is officially locked in for the Synthetix Mainnet trading competition 🔒 We are excited to see Bold face off with @blknoiz06 and 98 others for the chance of taking home a $1,000,000 top prize.
Reminder: 35 pre-depositors will be getting a spot in the Synthetix Mainnet trading competition The top 20 sUSD depositors and top 10 sUSDe depositors will battle it out against some of the biggest traders on CT and go in the running for a $1M top prize predeposit.synthetix.io
Everyone's favourite semi-retired trader turned pump streamer @gainzy222 is officially locked in for the Synthetix Mainnet trading competition. 🔹$1,000,000 top prize 🔹99 other top traders 🔹Action begins Oct. 20 We look forward to seeing him in the order book.
Dropping a series of incredibly cryptic teasers for which CT legends & traders are now confirmed for the trading competition... *Beginning in 10 minutes* See if you can figure out which traders are locked in for the $1,000,000 top prize Synthetix Mainnet competition.
Should we start dropping some hints on which traders have confirmed their attendance in the Synthetix Mainnet trading competition?
If Synthetix Mainnet captures 10% of total crypto derivatives volume, it would generate: 🔹Up to $500 billion in monthly volume on Ethereum Mainnet 🔹Increased fees for validators and protocols 🔹L2 to L1 liquidity flywheel Success creates momentum 📘⬇️blog.synthetix.io/ethereum-needs…
Thank you to all Synthetix Pre-Depositors ⚔️ The window for Pre-Deposit entry into the Synthetix Mainnet trading competition has now closed 🔒 The top 20 sUSD depositors and top 10 sUSDe depositors have now secured their entry into the trading competition Details 🧵⬇️
Straight outta the longhouse, @CryptoVikings07 is officially locked in for the Synthetix Mainnet trading competition 🔒 Starting next week, Vikings will go head-to-head with 99 other traders for the chance of taking home a $1,000,000 top prize 👀
Gut said it was a good idea to get this trader locked in for the Synthetix Mainnet trading competition They will go head-to-head with 99 others for the chance of taking home a $1,000,000 top prize Guess who
We are incredibly pleased to announce that @EvgenyGaevoy is officially locked in for the Synthetix Mainnet trading competition🔒 Evgeny will test his skills against 99 others for the chance of taking home a $1,000,000 top prize We await his presence in the order books 👀
Privacy should be the default for trading - especially when it comes to perps Synthetix Mainnet will keep every trader's account-level data private ⬇️ 📘blog.synthetix.io/private-perps-…
The tallest man in crypto, @lawmaster, is officially locked in for the Synthetix Mainnet trading competition 🔒 Larry will go head-to-head with 99 of CT's biggest and best traders for the chance of taking home a $1,000,000 top prize Let's see if he's still got it 👀
The VC guy, not the VP guy, @pythianism is now officially locked in for the Synthetix Mainnet trading competition 🔒 On Oct. 20, Vance will go head-to-head with 99 others for a shot at taking home a $1,000,000 top prize. We await his presence in the order books 👀
Gut says letting this guy into the comp was a great idea We are pleased to announce that @blknoiz06 is officially locked in for the Synthetix Mainnet trading competition 🔒 Ansem will go head-to-head with 99 others for the chance of taking home a $1,000,000 top prize.
The Rebirth Of Ethereum Derivatives While everyone has been fighting over which L2 or alt-L1 has the lowest fees and highest TPS, a derivatives revolution has been underway on the Ethereum Mainnet. That revolution starts with Synthetix. 📘 blog.synthetix.io/the-rebirth-of… 🧵⬇️
The one and only @gmoneyNFT is officially locked in for the Synthetix Mainnet trading competition 🔒 Next week, gmoney will face off against 99 other traders for a shot at taking home a $1,000,000 top prize. Let's see if he can win the million 👀
The undisputed, pound-for-pound champ of bullposting is locked in for the Synthetix Mainnet trading competition They will go head-to-head with 99 others for the chance of taking home a $1,000,000 top prize Guess who
Quack quack. A very special feathered friend is locked in for the Synthetix Mainnet trading competition. They will go head-to-head with 99 others for the chance of taking home a $1,000,000 top prize. Guess who
Chinese trader @daidaibtc is officially locked in for the Synthetix Mainnet trading competition 🔒 In 11 days, DaiDai will go head-to-head with 99 others for the chance of taking home a $1,000,000 top prize.
We are pleased to announce that @rektober is officially locked in for the Synthetix Mainnet trading competition 🔒 Soon, rektober will go head-to-head with 99 other traders for the chance of taking home a $1,000,000 top prize We look forward to seeing him in the order book 👀
The Synthetix Mainnet trading competition will pit 100 top traders against each other for a $1M top prize... @kaiynne breaks down Synthetix's return to Ethereum Mainnet, why Synthetix is giving away $1,000,000 & drops plenty of alpha on the upcoming competition 👀 🧵🔽
The Missing Foundation: Ethereum Mainnet Perps For too long, the Ethereum Mainnet has been non-viable for a native perp DEX. But while everyone has been fighting over which L2 is cheapest, Mainnet got good. Really good. Here's what's changed: 🧵⬇️
One Portfolio, Infinite Possibilities. Multi-Collateral Margin on Synthetix Mainnet is almost here Traders will be able to deposit a portfolio of assets as margin, including yield-bearing collateral, keeping assets productive while trading 📘 blog.synthetix.io/multi-collater… 🧵⬇️
A very special desktop technology primate is locked in for the Synthetix Mainnet trading competition They will go head-to-head with 99 other top traders for a chance of taking home $1,000,000 Guess who
A skilled trader from the Chinese community is locked in for the Synthetix Mainnet trading competition They will go head-to-head with 99 others for the chance of taking home $1,000,000 Guess who
Synthetix will run a trading competition with a $1,000,000 top prize to battle-test the first-ever perp DEX on Ethereum. @kaiynne breaks down how it's going to work on @BanklessHQ *serious leak at 0:40 👀* Who do you want to see in the competition? (tag them in comments)
An internet coin trader with stacks of experience is locked in for the Synthetix Mainnet trading competition They will go head-to-head with 99 other traders for the chance of taking home a $1,000,000 top prize Guess whomst
The full list of wallets eligible for the Synthetix Trading Competition is now live 👇 docs.google.com/spreadsheets/d… Eligible traders should raise a ticket from the Synthetix Help Center to learn more. Just open the dialog box at the bottom right of the page. support.synthetix.io
Professional shitposter @lynk0x is officially locked in for the Synthetix Mainnet trading competition 🔒 Lynk will go head-to-head with 99 other traders for the chance of taking home a $1,000,000 top prize. Let's see how high they can run up the PnL...
"There is no perp DEX on Ethereum. We need a perp DEX on Ethereum." @kaiynne explains why Synthetix is returning to Ethereum Mainnet on @BanklessHQ
Intern confessed they felt terrible about bullying rasmr... So we decided to see what he's made of & give him a shot at taking home a $1,000,000 top prize. We are honoured to announce that @rasmr_eth is officially locked in for the Synthetix Mainnet trading competition🔒
Someone special from the inverse of 'summerloud' is locked in for the Synthetix Mainnet trading competition They will go head-to-head with 99 others for the chance of taking home a $1,000,000 top prize Guess who
We are pleased to announce that @Web3Feng from the Chinese community is officially locked in for the Synthetix Mainnet trading competition 🔒 Feng will go head-to-head with 99 other top traders for the chance of taking home a $1,000,000 top prize.
"How do you square Ethereum's block times with the speed required for a perp DEX?" @kaiynne tells @TrustlessState how Synthetix has managed to build a lightning-fast perp DEX on the Ethereum Layer 1.
The one and only @DeFi_Dad is officially locked in for the Synthetix Mainnet trading competition 🔒 Dad will go head-to-head with 99 others for the chance of taking home a $1,000,000 top prize Ethereum needs a perp DEX ⚔️
A special someone from the Chinese CT community is locked in for the Synthetix Mainnet trading competition They will go head-to-head with 99 others for the chance of taking home a $1,000,000 top prize
A semi-retired trading legend turned pumpdotfun streamer is locked in for the Synthetix Mainnet trading competition They will go head-to-head with 99 others for the chance of taking home $1,000,000 Guess who...
Want to know more about the Synthetix Mainnet trading competition? 🤔 @kaiynne breaks down the most important things you need to know about the new mission of bringing a performant perp DEX to Ethereum Mainnet 🎞️🔽
The Synthetix Mainnet trading competition will pit 100 top traders against each other for a $1M top prize... @kaiynne breaks down Synthetix's return to Ethereum Mainnet, why Synthetix is giving away $1,000,000 & drops plenty of alpha on the upcoming competition 👀 🧵🔽
The derivatives revolution on Ethereum Mainnet. It starts with Synthetix.
How To Enter The Synthetix Mainnet Trading Competition 100 traders will go head-to-head for their chance of walking away with a $1,000,000 top prize 50 slots are invite-only 35 slots are open to the broader community 15 slots are for Synthetix (Kwenta) OGs 🧵⬇️
🥊 Round Two Begins

**Synthetix Mainnet Trading Competition Round 2** kicks off with a high-stakes rematch between prominent crypto traders @kaiynne and @crypto_bitlord7. The competition features: - **100 top crypto traders** competing head-to-head - **$1,000,000 top prize** up for grabs - **Leverage trading** on Synthetix's mainnet platform This marks the second face-off between these two well-known traders, building on the momentum from their previous competition. The event showcases Synthetix's synthetic asset trading capabilities while bringing together some of crypto Twitter's most recognized trading personalities. *Follow the competition to see who claims the million-dollar prize.*
Chinese CT Trader Joins $1M Synthetix Competition
**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 Multi-Collateral Margin Launch
**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/)
Synthetix Liquidations Resume - 420 Pool Migration Update

Synthetix is re-enabling liquidations for existing stakers following the 420 Pool migration launch. Key updates: - Stakers with c-ratio below 160% are now at risk of liquidation - The 420 Pool offers complete debt forgiveness for migrators - Over 100m SNX already deposited in first day - New features include: * No liquidation risk * Protocol-managed sUSD liquidity * SNX-backed yield generation * Partnership with Ethena Labs for USDe minting Non-stakers will soon be able to participate with new incentives. A cross-chain Swap & Stake feature is coming to support deposits from multiple EVM chains. [Migrate to 420 Pool](https://420.synthetix.io/) [Read Documentation](https://docs.synthetix.io/welcome-to-synthetix-user-docs/snx-staking/deposit-snx-to-the-420-pool)