Synthetix

@synthetix

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Feeling degenerate? Then why only buy spot memecoins when you can purchase leveraged memecoins instead? Degen better you degens, degen harder... Without worrying about liquidations thanks to TLX's continuous rebalancing, powered by @synthetix smart contracts. https://twitter.com/TLX_FI/status/1795458270720672006

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how do I trade on @synthetix perps v3? I recommend using @kwenta.eth. https://kwenta.eth.limo/

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📊 Synthetix Perps Data (May 20 - May 27) - Total Volume: $1.44B (OP: $1.24B, Base: $203M) - Avg Daily Vol: $205.9M (OP: $176.9M, Base: $29M) - Lifetime Vol: $57.4B (OP: $55.97B, Base: $1.43B) - Lifetime Fees: $42.6M (OP: $42.15M, Base: $483.4K) @Optimism & @base

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This is the final tweet.

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Learn more about the Synthetix Perps Fee Rebates program on Base: Blog post: https://blog.synthetix.io/snx-perps-trading-incentives-on-base/ Leaderboard: https://base-rebates.synthetix.io/ Kwenta V3 Perps: https://v3.kwenta.io/ Start trading on @Kwenta_io and earn SNX rewards today!

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Synthetix Perps Fee Rebates: Epoch One is live on @base! - May 22nd - May 29th, 8pm UTC - 50,000 SNX in Epoch One - 90% of fees rebated first-come, first-served Weekly epochs with a total of 500k SNX allocated. Check out Kwenta to trade & visit the next tweet for more info.

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Read more: https://blog.synthetix.io/snx-perps-trading-incentives-on-base/

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Get ready: Synthetix Perps trading fee rebates on @base start tomorrow. Receive 90% of your fees back in SNX weekly, up to 50k SNX first come first serve. The first epoch runs from May 22nd, 8pm UTC, to May 29th, 8pm UTC. Rewards will be distributed for epoch one on May 29th.

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📊 Synthetix Perps Data (May 13th - May 20th) - Total Volume: $923.2M (OP: $636M, Base: $287.2M) - Avg Daily Vol: $131.9M (OP: $90.9M, Base: $41.0M) - Lifetime Vol: $56.0B (OP: $54.7B, Base: $1.23B) - Lifetime Fees: $42.0M (OP: $41.6M, Base: $419.1K) Optimism & Base

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This week, Synthetix deployments on @undefined and @base burned $101,396 sUSD and 8,024 $SNX in fees through debt distribution and SNX buyback & burn process. These burned fees are distributed to LPs and SNX holders across all chains!

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Learn more https://blog.synthetix.io/transitioning-to-synthetix-v3-scaling-susd-migrating-snx/

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Transitioning to Synthetix V3: Scaling sUSD & Migrating SNX Synthetix is undergoing a pivotal phase of the V3 rollout, introducing a new foundation and architecture for the protocol. This transition also marks a significant step towards enhancing the scalability and decentralization of the Synthetix stablecoin, sUSD.

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Check out the blog to learn more 👇 https://blog.synthetix.io/snx-perps-trading-incentives-on-base/

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The Synthetix Treasury is allocating 500k SNX for fee rebates on @base. Simply trade Synthetix perpetual markets on @Kwenta_io and get 90% of your fees paid back in SNX weekly, up to the 50k SNX weekly cap. Rewards start on May 22nd, with the first distribution on May 29th

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📊 Synthetix Perps Data (May 6th - May 13th) - Total Volume: $217.6M (OP: $116M, Base: $101.6M) - Avg Daily Vol: $31.1M (OP: $16.6M, Base: $14.5M) - Lifetime Vol: $55.03B (OP: $54.1B, Base: $941.8M) - Lifetime Fees: $41.64M (OP: $41.3M, Base: $333.8K) Optimism & Base

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The Synthetix Perps Arbitrage Bot template is also available on GitHub, and a recording of the workshop will be posted afterwards. Check out the template here: https://github.com/50shadesofgwei/SynthetixFundingRateArbitrage

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Don't miss the Synthetix Arbitrage Bot Workshop! Discover the strategies sophisticated traders use to generate returns by exploiting funding rate differences across exchanges. RSVP now: https://discord.com/events/413890591840272394/1238140216871747665

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🚨 Synthetix Arbitrage Bot Workshop 🚨 📅 May 16th, 7 PM UTC 📍 Live on Discord Join us to learn about: - Key concepts of funding rate arbitrage - How arbitrage bots operate - Downloading and running the open-source bot yourself on Base RSVP in the next cast. 👇

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This week, Synthetix deployments on @undefined, @base, and Ethereum torched $86,763k sUSD and 5.8k $SNX in fees. Burned fees go to LPs (aka stakers) & SNX holders on all chains!

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📊 Synthetix Perps Data (April 29 - May 6) - Total Volume: $311.4M (OP: $176M, Base: $135.4M) - Avg Daily Vol: $44.5M (OP: $25.1M, Base: $19.3M) - Lifetime Vol: $54.8B (OP: $54.0B, Base: $840.2M) - Lifetime Fees: $41.6M (OP: $41.3M, Base: $302.9K) Optimism & Base

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