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Synthetix Network Token latest News
Keep up with what's happening in the crypto world in real-time.
Synthetix perps DEX acquires Kwenta to unify ‘strategic priorities' of both protocols
This is a segment from the 0xResearch newsletter. To read full editions, subscribe.
Synthetix Proposes Kwenta Acquisition to Unify Its Exchange Ecosystem
TL;DR Synthetix has proposed acquiring Kwenta, an exchange derived from its ecosystem, to unify operations and enhance services. The acquisition values each KWENTA token at 17 SNX, with a token swap valued at $13.2 million. The integration would involve dissolving Kwenta's governance and merging it with SNX's Spartan Council.
Synthetix Eyes Acquisition of Former Spin-Off Kwenta to Bolster DeFi Derivatives
DeFi protocol Synthetix is setting its sights on acquiring Kwenta, a derivatives exchange that emerged from Synthetix itself in 2020. The post Synthetix Eyes Acquisition of Former Spin-Off Kwenta to Bolster DeFi Derivatives appeared first on Cryptonews.
The DeFi of Synthetix arrives on the Arbitrum blockchain with the Kwenta platform
Synthetix, a well-known DeFi protocol for synthetic assets, has just announced the launch of version V3 on the layer-2 blockchain of Arbitrum.
Synthetix, Kwenta launch v3 perpetuals on Arbitrum
The v3 launch marks the DeFi protocol's first big product rollout after a governance overhaul in October.
Derivatives Protocol Synthetix (SNX) Leads the DeFi Sector in Recent Development Activity: Santiment
The derivatives liquidity protocol Synthetix (SNX) witnessed more development activity than any other project in the decentralized finance (DeFi) sector in the past 30 days, according to the crypto analytics firm Santiment. Synthetix aims to serve as a backend liquidity tool for user-facing DeFi projects, according to the protocol's whitepaper.
