Synthetix unveils a new onchain exchange combining Ethereum L1 security with CEX-like performance. Key features: - Ethereum mainnet custody & settlement - High-performance offchain matching - Institutional-grade APIs - No bridge/sequencer risk A rewards program launches with **SNX tokens** for early participants. 500 exclusive invite codes will be distributed to: - Early sUSD/sUSDe depositors - 420 pool stakers - Key partners *Participants can earn through deposits, trading, and referrals.* Join the community: - Discord: [Chat](https://discord.gg/synthetix) - Telegram: [Updates](https://t.me/+v80TVt0BJN80Y2Yx)

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)

Synthetix Launches Redesigned Website with Enhanced Features

Synthetix has unveiled a comprehensive website redesign that consolidates its product ecosystem into a single hub at synthetix.io. Key updates include: - Access to 90+ Perps markets - Expanded liquidity opportunities - New leveraged tokens for 10+ assets The enhanced stats page now displays: - Real-time APRs and fees data - Liquidity rewards metrics - Perps volume analytics - SNX token performance The governance structure aligns with Vision 2025, featuring the Spartan Council with 6-month election terms and a 4/7 approval threshold. Visit synthetix.io to explore the new interface.

Synthetix Launches Multi-collateral Perps with tBTC Support

Synthetix has launched Multi-collateral Perpetuals on Kwenta (Arbitrum network) with tBTC as the primary Bitcoin collateral option. Key features: - 81 new perpetual markets added - 4 collateral options including tBTC, ETH, USDe, and USDx - tBTC integration offers 1:1 BTC backing with permissionless minting - No KYC required for Bitcoin bridging Limited-time incentives: - Reduced taker fees (5 bps) for 2 weeks - 20% of trading fees distributed to LPs for 1 month - Kwenta points program active for traders Trading now live at kwenta.io