synthetix

Synthetix protocol deploys its V3 components on the Arbitrum network. Here's what you should know about this:

Before delving into the utilities and leveraging this brings to the protocol itself and the derivatives market you should also see yourself as a key actor in this protocol if you belong to any of these categories:

1. YOU as a liquidity provider (I'll use LPs while you read on).
2. YOU as a trader.

Notwithstanding belonging to any of these categories having an understanding of what @synthetix is crucial:

Synthetix protocol is a liquidity layer that provides liquidity for various defi platforms integrated with it such as @kwenta.eth (Kwenta), and Toros. Before V3 deployment on Arbitrum, Synthetix served as a liquidity pipeline to Optimism and Ethereum then with the V2x phase. 

What does the V3 phase entail?

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

Trade with up to 50x leverage and deep liquidity at https://kwenta.io/