A member of the Synthetix team has proposed acquiring Derive in a $27 million token-swap deal. The acquisition would involve a 27:1 DRV-to-SNX token conversion with a lockup and vesting schedule. The ...

As the cryptocurrency market turns green, the decentralized perp futures trading platform took it to X to report impressive trading activity the previous week, generating roughly $233,897 in fees from ...

Perpetuals trading platform Synthetix is returning to Ethereum’s mainnet, with its founder arguing the network is now more than capable of supporting high-frequency financial applications after years ...