Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now…
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Bitcoin’s dull price action ignites buying interest in LINK, FIL, SNX and THETA
LINK, FIL, SNX and THETA are starting to look bullish right as Bitcoin prepares for a volatile price move.
Synthetix takes on counterparty risks with Infinex derivatives exchange
The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX).
What is CeDeFi, and why does it matter?
CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use.
DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive
It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market.
DeFi summer 3.0? Uniswap overtakes Ethereum on fees, DeFi outperforms
Fees spiked to a high of $8.36 million for Uniswap on June 15, beating out Ethereum on the same day at $7.99 million, and coincided with an 8.7% pump for…
Synthetix Surges 70% as Trading Volumes Explode
The decentralized synthetic asset platform Synthetix led a relief rally in the cryptocurrency market today, surging around 100% from $1.57 to $3.16 before correcting to $2.88. Synthetix Surges on Market...
Synthetix racks up over $1M in daily fees as SNX token value surges 100%
L2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens.
Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries
During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members…
Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement
SNX price got a boost after the project geared up for participation in the L2 Curve Wars and Optimism airdrop hunters engaged with the protocol.