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 Synthetix DEX launch to join efforts reducing the serious friction in DeFi

Synthetix DEX launch to join efforts reducing the serious friction in DeFi


Published: 2023-09-08


1. Synthetix v3 and Infinex Launch: In this article,the main topic is the launch of Synthetix v3 and Infinex,two major developments in the cryptocurrency and decentralized finance (DeFi) space. Synthetix v3 is an upgrade to the existing Synthetix protocol,which enables the creation and trading of synthetic assets on the Ethereum blockchain. It aims to improve scalability,reduce transaction costs,and introduce new features to enhance user experience. Infinex,on the other hand,is a new decentralized exchange built on the Synthetix infrastructure,offering a range of financial services to users.

2. Kain Warwick Interview: The second topic highlighted in the article is an interview with Kain Warwick,the founder of Synthetix. Warwick discusses the motivation behind the development of Synthetix v3 and the vision for Infinex. He sheds light on the challenges faced by the team while developing the protocol upgrade and emphasizes the importance of community input and feedback. Warwick also shares his insights on the future of DeFi and the role Synthetix plays in shaping the industry.

3. Impact on the Crypto and DeFi Ecosystem: Lastly,the article explores the potential impact of Synthetix v3 and Infinex on the broader cryptocurrency and DeFi ecosystem. It discusses the significance of these developments in further advancing the adoption and use cases of synthetic assets. Additionally,the article highlights the competition in the DeFi space and how Synthetix aims to differentiate itself by providing innovative solutions and improving user experience. The launch of Synthetix v3 and Infinex is expected to attract more users and liquidity to the platform,contributing to the overall growth and evolution of DeFi. Overall,this article covers the launch of Synthetix v3 and Infinex,an interview with Kain Warwick,and the potential impact of these developments on the crypto and DeFi ecosystem. These topics demonstrate the author's focus on the advancements in the Synthetix ecosystem and its significance within the broader industry.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 69,590.00 3,100,004,242.16
2 ETH title=ETH 3,613.91 2,685,939,881.84
3 ARS title=ARS 1,131.90 1,815,317,446.30
4 SOL title=SOL 185.61 980,579,222.14
5 PEPE title=PEPE <0.01 481,164,140.57
6 WIF title=WIF 2.77 238,903,199.53
7 DOGE title=DOGE 0.16 214,126,475.04
8 XRP title=XRP 0.53 197,299,362.92
9 GALA title=GALA 0.04 159,635,890.54
10 RUNE title=RUNE 7.17 155,790,524.86
11 BONK title=BONK <0.01 139,116,478.51
12 NEAR title=NEAR 8.21 128,335,788.52
13 FTM title=FTM 0.91 115,045,616.05
14 ENA title=ENA 0.81 109,023,700.29
15 LINK title=LINK 17.18 105,737,597.76
16 BOME title=BOME 0.01 96,605,184.49
17 AVAX title=AVAX 39.39 96,417,484.42
18 RNDR title=RNDR 10.79 96,296,650.85
19 PENDLE title=PENDLE 5.99 78,969,421.12
20 FLOKI title=FLOKI <0.01 77,066,896.51
21 PYTH title=PYTH 0.46 75,432,646.97
22 OP title=OP 2.86 73,158,009.97
23 ETHFI title=ETHFI 3.96 73,140,835.43
24 ADA title=ADA 0.50 67,451,375.10
25 ETC title=ETC 31.84 67,006,813.99
26 WLD title=WLD 5.01 66,988,800.15
27 UNFI title=UNFI 5.09 65,009,301.92
28 FIL title=FIL 6.15 61,329,255.93

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Metis title=METIS 76.17 +28.41
2 Pendle title=PENDLE 5.99 +23.84
3 Ethereum Name Service title=ENS 17.59 +22.24
4 Ether.fi title=ETHFI 3.96 +21.42
5 Unifi Protocol DAO title=UNFI 5.09 +20.58
6 Uniswap title=UNI 9.18 +19.68
7 Bonk title=BONK <0.01 +19.53
8 Pyth Network title=PYTH 0.46 +19.31
9 Pepe title=PEPE <0.01 +18.66
10 Lido DAO title=LDO 2.06 +18.52
11 Gnosis title=GNO 347.10 +17.66
12 Ethereum title=ETH 3,613.91 +17.51
13 Wrapped Beacon ETH title=WBETH 3,743.96 +17.02
14 GMX title=GMX 33.73 +16.75
15 Optimism title=OP 2.86 +16.38
16 Theta Network title=THETA 2.47 +15.17
17 BEAMX title=BEAMX 0.03 +15.07
18 Ethereum Classic title=ETC 31.84 +15.07
19 Injective title=INJ 27.83 +14.86
20 Wrapped NXM title=WNXM 76.66 +14.28
21 Ethena title=ENA 0.81 +14.05
22 Maker title=MKR 3,144.00 +13.79
23 Synthetix Network title=SNX 2.91 +13.78
24 Massive Protocol title=MAV 0.40 +13.77
25 Illuvium title=ILV 92.41 +13.58
26 Ren title=REN 0.07 +13.37
27 Immutable title=IMX 2.54 +13.19
28 Aave title=AAVE 96.78 +13.10
29 Balancer title=BAL 3.86 +12.88
30 Magic title=MAGIC 0.76 +12.86

Bitcoin's Greed and Fear Index.

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at news day date time
1 FOMC Member Mester Speaks Monday 20-05-2024 19:00
2 Treasury Sec Yellen Speaks Tuesday 21-05-2024 09:00
3 FOMC Member Waller Speaks Tuesday 21-05-2024 14:00
4 FOMC Member Barkin Speaks Tuesday 21-05-2024 14:00
5 FOMC Member Williams Speaks Tuesday 21-05-2024 14:05
6 FOMC Member Bostic Speaks Tuesday 21-05-2024 14:10
7 FOMC Member Barr Speaks Tuesday 21-05-2024 16:45
8 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
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10 Crude Oil Inventories Wednesday 22-05-2024 15:30
11 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
12 Unemployment Claims Thursday 23-05-2024 13:30
13 Flash Manufacturing PMI Thursday 23-05-2024 14:45
14 Flash Services PMI Thursday 23-05-2024 14:45
15 New Home Sales Thursday 23-05-2024 15:00
16 Natural Gas Storage Thursday 23-05-2024 15:30
17 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
18 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
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20 FOMC Member Waller Speaks Friday 24-05-2024 14:35
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