• bitcoinBitcoin (BTC) $ 60,170.00
  • ethereumEthereum (ETH) $ 3,210.23
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 538.93
  • solanaSolana (SOL) $ 146.36
  • usd-coinUSDC (USDC) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,213.02
  • xrpXRP (XRP) $ 0.531917
  • the-open-networkToncoin (TON) $ 7.37
  • dogecoinDogecoin (DOGE) $ 0.113832
  • cardanoCardano (ADA) $ 0.434850
  • tronTRON (TRX) $ 0.138235
  • avalanche-2Avalanche (AVAX) $ 26.25
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 60,198.00
  • polkadotPolkadot (DOT) $ 6.30
  • chainlinkChainlink (LINK) $ 13.22
  • bitcoin-cashBitcoin Cash (BCH) $ 380.75
  • uniswapUniswap (UNI) $ 8.37
  • nearNEAR Protocol (NEAR) $ 5.45
  • leo-tokenLEO Token (LEO) $ 5.81
  • daiDai (DAI) $ 0.999446
  • litecoinLitecoin (LTC) $ 70.23
  • matic-networkPolygon (MATIC) $ 0.526717
  • wrapped-eethWrapped eETH (WEETH) $ 3,346.68
  • internet-computerInternet Computer (ICP) $ 8.97
  • kaspaKaspa (KAS) $ 0.170076
  • pepePepe (PEPE) $ 0.000009
  • ethena-usdeEthena USDe (USDE) $ 0.999409
  • ethereum-classicEthereum Classic (ETC) $ 22.39
  • aptosAptos (APT) $ 6.65
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.22
  • stellarStellar (XLM) $ 0.105595
  • moneroMonero (XMR) $ 157.00
  • makerMaker (MKR) $ 2,804.76
  • hedera-hashgraphHedera (HBAR) $ 0.070686
  • crypto-com-chainCronos (CRO) $ 0.093332
  • blockstackStacks (STX) $ 1.68
  • render-tokenRender (RNDR) $ 6.25
  • filecoinFilecoin (FIL) $ 4.26
  • cosmosCosmos Hub (ATOM) $ 6.19
  • okbOKB (OKB) $ 39.91
  • mantleMantle (MNT) $ 0.719389
  • vechainVeChain (VET) $ 0.029041
  • arbitrumArbitrum (ARB) $ 0.712435
  • immutable-xImmutable (IMX) $ 1.36
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,252.72
  • suiSui (SUI) $ 0.809090
  • injective-protocolInjective (INJ) $ 20.82
  • optimismOptimism (OP) $ 1.73
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • bittensorBittensor (TAO) $ 271.36
  • the-graphThe Graph (GRT) $ 0.192196
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,592.25
  • dogwifcoindogwifhat (WIF) $ 1.74
  • bonkBonk (BONK) $ 0.000024
  • arweaveArweave (AR) $ 24.61
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,331.57
  • notcoinNotcoin (NOT) $ 0.015298
  • aaveAave (AAVE) $ 102.52
  • lido-daoLido DAO (LDO) $ 1.68
  • bitget-tokenBitget Token (BGB) $ 1.04
  • ondo-financeOndo (ONDO) $ 1.00
  • flokiFLOKI (FLOKI) $ 0.000148
  • theta-tokenTheta Network (THETA) $ 1.42
  • whitebitWhiteBIT Coin (WBT) $ 9.58
  • fantomFantom (FTM) $ 0.486899
  • thorchainTHORChain (RUNE) $ 3.79
  • celestiaCelestia (TIA) $ 6.35
  • algorandAlgorand (ALGO) $ 0.149183
  • jasmycoinJasmyCoin (JASMY) $ 0.024800
  • based-brettBrett (BRETT) $ 0.119149
  • pyth-networkPyth Network (PYTH) $ 0.307186
  • jupiter-exchange-solanaJupiter (JUP) $ 0.825317
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,207.12
  • quant-networkQuant (QNT) $ 73.29
  • sei-networkSei (SEI) $ 0.329969
  • coredaoorgCore (CORE) $ 1.11
  • elrond-erd-2MultiversX (EGLD) $ 35.66
  • gatechain-tokenGate (GT) $ 7.31
  • flare-networksFlare (FLR) $ 0.020084
  • kucoin-sharesKuCoin (KCS) $ 9.23
  • mantra-daoMANTRA (OM) $ 1.06
  • flowFlow (FLOW) $ 0.573931
  • akash-networkAkash Network (AKT) $ 3.43
  • eosEOS (EOS) $ 0.550692
  • axie-infinityAxie Infinity (AXS) $ 5.55
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,260.43
  • dydx-chaindYdX (DYDX) $ 1.35
  • ethereum-name-serviceEthereum Name Service (ENS) $ 25.72
  • bitcoin-svBitcoin SV (BSV) $ 40.91
  • galaGALA (GALA) $ 0.021912
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.05
  • bittorrentBitTorrent (BTT) $ 0.00000082
  • beam-2Beam (BEAM) $ 0.015740
  • msolMarinade Staked SOL (MSOL) $ 175.86
  • tezosTezos (XTZ) $ 0.789718
  • neoNEO (NEO) $ 10.70
  • fasttokenFasttoken (FTN) $ 2.36
  • starknetStarknet (STRK) $ 0.570401
  • usddUSDD (USDD) $ 1.00
  • zebec-protocolZebec Protocol (ZBC) $ 0.014238
  • the-sandboxThe Sandbox (SAND) $ 0.316883
  • roninRonin (RON) $ 2.13
  • ordinalsORDI (ORDI) $ 33.06
  • gnosisGnosis (GNO) $ 267.31
  • ethenaEthena (ENA) $ 0.396543
  • mog-coinMog Coin (MOG) $ 0.000002
  • lido-staked-solLido Staked SOL (STSOL) $ 172.08
  • nexoNEXO (NEXO) $ 1.16
  • fraxFrax (FRAX) $ 0.997045
  • conflux-tokenConflux (CFX) $ 0.150024
  • frax-etherFrax Ether (FRXETH) $ 3,201.98
  • ecasheCash (XEC) $ 0.000031
  • decentralandDecentraland (MANA) $ 0.332015
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,455.81
  • chilizChiliz (CHZ) $ 0.068291
  • pendlePendle (PENDLE) $ 3.90
  • tether-goldTether Gold (XAUT) $ 2,411.09
  • safeSafe (SAFE) $ 1.38
  • zksyncZKsync (ZK) $ 0.157857
  • dexeDeXe (DEXE) $ 10.14
  • mina-protocolMina Protocol (MINA) $ 0.511939
  • havvenSynthetix Network (SNX) $ 1.73
  • popcatPopcat (POPCAT) $ 0.577659
  • oasis-networkOasis Network (ROSE) $ 0.082673
  • klay-tokenKlaytn (KLAY) $ 0.149460
  • book-of-memeBOOK OF MEME (BOME) $ 0.007914
  • iotaIOTA (IOTA) $ 0.161366
  • heliumHelium (HNT) $ 3.21
  • swethSwell Ethereum (SWETH) $ 3,398.72
  • 1inch1inch (1INCH) $ 0.417774
  • astarAstar (ASTR) $ 0.074167
  • wemix-tokenWEMIX (WEMIX) $ 1.27
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.91
  • nervos-networkNervos Network (CKB) $ 0.011474
  • worldcoin-wldWorldcoin (WLD) $ 1.85
  • wormholeWormhole (W) $ 0.280781
  • axelarAxelar (AXL) $ 0.700571
  • apecoinApeCoin (APE) $ 0.744807
  • raydiumRaydium (RAY) $ 1.89
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,501.05
  • true-usdTrueUSD (TUSD) $ 0.999271
  • aioz-networkAIOZ Network (AIOZ) $ 0.430640
  • theta-fuelTheta Fuel (TFUEL) $ 0.069941
  • xdce-crowd-saleXDC Network (XDC) $ 0.030898
  • livepeerLivepeer (LPT) $ 13.80
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.004593
  • pax-goldPAX Gold (PAXG) $ 2,397.38
  • magaMAGA (TRUMP) $ 9.51
  • apenftAPENFT (NFT) $ 0.00000045
  • illuviumIlluvium (ILV) $ 65.81
  • bitcoin-goldBitcoin Gold (BTG) $ 24.99
  • kavaKava (KAVA) $ 0.402817
  • zcashZcash (ZEC) $ 28.29
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000020
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.02
  • stader-ethxStader ETHx (ETHX) $ 3,314.27
  • layerzeroLayerZero (ZRO) $ 3.71
  • usdbUSDB (USDB) $ 0.997284
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000074
  • aevo-exchangeAevo (AEVO) $ 0.470269
  • aerodrome-financeAerodrome Finance (AERO) $ 0.747994
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • echelon-primeEchelon Prime (PRIME) $ 8.76
  • mx-tokenMX (MX) $ 3.81
  • iotexIoTeX (IOTX) $ 0.039605
  • woo-networkWOO (WOO) $ 0.193830
  • singularitynetSingularityNET (AGIX) $ 0.522453
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.071045
  • safepalSafePal (SFP) $ 0.774574
  • corgiaiCorgiAI (CORGIAI) $ 0.001031
  • h2o-daoH2O Dao (H2O) $ 0.427124
  • compound-ethercETH (CETH) $ 64.48
  • curve-dao-tokenCurve DAO (CRV) $ 0.285645
  • rocket-poolRocket Pool (RPL) $ 16.46
  • kusamaKusama (KSM) $ 22.18
  • stepnGMT (GMT) $ 0.147973
  • compound-governance-tokenCompound (COMP) $ 48.50
  • arkhamArkham (ARKM) $ 1.42
  • osmosisOsmosis (OSMO) $ 0.488159
  • memecoin-2Memecoin (MEME) $ 0.014869
  • aragonAragon (ANT) $ 8.12
  • golemGolem (GLM) $ 0.316245
  • holotokenHolo (HOT) $ 0.001744
  • dydxdYdX (ETHDYDX) $ 1.35
  • dashDash (DASH) $ 25.91
  • zilliqaZilliqa (ZIL) $ 0.016345
  • compound-wrapped-btccWBTC (CWBTC) $ 1,207.56
  • blurBlur (BLUR) $ 0.172231
  • beldexBeldex (BDX) $ 0.044563
  • blastBlast (BLAST) $ 0.016653
  • justJUST (JST) $ 0.029845
  • radixRadix (XRD) $ 0.028139
  • celoCelo (CELO) $ 0.537086
  • manta-networkManta Network (MANTA) $ 0.858816
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.003274
  • project-galaxyGalxe (GAL) $ 2.42
  • enjincoinEnjin Coin (ENJ) $ 0.173358
  • aethirAethir (ATH) $ 0.075259

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market

0 203

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market

Community members of Synthetix, a liquidity and derivatives trading protocol built on Ethereum, approved a plan intended to get customer money still on the soon-to-shut version one (v1) of its perpetuals market moved over to version two (v2).

Though v1 has been winding down for the past three months, roughly $150,000 worth of positions remain outstanding. The approved plan will gradually increase the margin requirements on existing positions to eventually liquidate all remaining positions on v1.

The change highlights Synthetix’s focus on its v2 perpetuals markets, which had $22 million in volume over the past day, data from a dashboard created by the Synthetix community shows. Synthetix’s v2 perpetuals markets, which launched in December, increases capital efficiency and improves risk management for market liquidity providers, representing a “significant upgrade” from v1, according to a blog post.

The motivation behind the recent governance proposal was to shut down Synthetix’s v1 perpetuals market “in the least intrusive manner,” allowing users to close their positions with enough time, as stated in a Synthetix’s governance discussion forum.

The price of SNX, the native token for Synthetix, has increased 1.7% in the past 24 hours to $2.36, per CoinGecko, while data from DefiLlama shows that the total value locked for Synthetix stands at $417.7 million, a 2% increase since May 1.

Source

Leave A Reply

Your email address will not be published.