Synthetix Perps V3 to Be Deployed on ETH Mainnet
Synthetix Perps V3 to Be Deployed on ETH Mainnet
The upcoming deployment of Synthetix Perps V3 to the Ethereum mainnet is a significant step that will attract protocols like Ethena Labs and bring exposure to perps on ETH mainnet. This deployment aims to cater to a broad spectrum of users, including whales and market makers, and it offers features such as native cross-margining, expanded collateral margin options, MEV-resistant liquidation process, and improved order settlements.
Synthetix Perps V3 is set to launch with the Andromeda Release on Base, soon to be followed by an Ethereum Mainnet version for medium to whale traders and protocols like @ethena_labs! 👇 blog.synthetix.io/perps-v3-featu… Check out the TLDR and read the blog post to learn more. - Perps V3
One aspect of the Perps V3 roadmap that often goes unnoticed is its upcoming deployment to ETH mainnet. This is a significant step that will onboard protocols like @ethena_labs and attract whales and others looking for exposure to perps on ETH mainnet.👇 blog.synthetix.io/perps-v3-featu…
Synthetix Perps is a massive success story, and it hasn't even been live for a year. Imagine the possibilities once the Andromeda Release (Core v3 + Perps v3) goes live on @buildonbase. It's not just leading—it's setting the industry standard with the deepest liquidity, lowest
Did you miss the Spartan Space about the upcoming Andromeda Release? Quick overview of what we covered, notes, plus a 🧵 below: - Andromeda on @BuildOnBase - Perps V3 Features - Enhancing usability with USDC - Core V3 - ERC-7412 and Future Cross-Chain Deployments 1/13
Ethereum Mainnet Launch Approaching
The long-anticipated Ethereum Mainnet deployment is drawing closer, with significant implications for DeFi users and developers. - Project teams are finalizing preparations for migration from sidechains - Users should begin planning their transition strategies - Mainnet integration will enable enhanced security and scalability *Key Considerations:* - Review current sidechain positions - Monitor official announcements for specific migration dates - Prepare for potential network adjustments during transition Stay informed about upcoming developments to ensure a smooth transition to Mainnet.
Synthetix Mainnet Bug Fix Update
Synthetix has deployed a critical mainnet update addressing previously reported issues from the June 4th launch. The fix resolves stability concerns that emerged during the initial rollout. Key updates: - System stability improvements - Enhanced protocol security measures - Performance optimizations The development team confirmed all systems are now operating as intended. Users can resume normal protocol interactions.
Synthetix Launches New Mainnet Exchange with SNX Rewards Program
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 points program launches with SNX rewards for deposits, trading, and referrals. 500 exclusive invite codes will be distributed to early depositors and 420 pool stakers. 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.