Synthetix is a liquidity layer for onchain derivatives, primarily supporting Synthetix Perps on Optimism and Base.

ETH ran up 18% and yet @synthetix v3 LP providers on @base  are in the money. That is the power of our funding rate mechanism in action.

Perfectly balanced markets.

synthetix spartan council (snaxfrens.eth)
Poker Player
HAVE SKATEBOARD TOO 

I wonder when the token itself starts performing

/success Syndicate member. A couple years in crypto. Studying airdrops, trading, and roundtripping. Outside of web3: game/level designer 🎮⚙️

Interesting. But SNX is also printed, right?

liquidity is very thin so we could see it fly out of nowhere. Just waiting for that +40% day. 

It'll be interesting to see how the burn impacts things as trading increases. 40% of all trading fees are used to market buy and burn. But we are also incentivizing the LP with SNX from the treasury. Good time to accumulate.