Read the latest updates and announcements from Synthetix
Referrals on Synthetix are now live. Create & share your referral code and earn 25% of the trading fees from everyone who signs up with it. Rewards accrue daily and continue as your friends trade. Anyone who signs up using your code gets a 5% discount on all trading fees,
Multicollateral margin is now live on Synthetix and ETH is the first non-USDT asset you can post as collateral. For the first time in the history of Ethereum, you can now utilize ETH as native collateral for trading perps on Ethereum Mainnet. Deposit ETH, trade any market, and
The Synthetix team has been heads down for the past 9 months building out the ultimate trading venue for perpetual futures on Ethereum Mainnet. Now it’s time to add another layer to the trading experience on Synthetix and give back to traders who show up on our platform.
Scaled orders automatically generate a series of limit orders Instead of placing one large limit order at one level, a scaled order automatically generates multiple smaller limit orders distributed across a price range you define. Typically, traders use scaled orders to "ladder in" to long positions during a
Synthetix continues to ship new tools for traders. TWAP (Time-Weighted Average Price) orders make it easier to scale into and out of larger positions, especially in long tail markets where liquidity can fluctuate, and large single executions may significantly impact your fill price. Rather than executing one massive order
The Synthetix 2026 Roadmap laid out a simple ambition: take the foundations we’d spent 2025 building to scale Synthetix Perps into a venue on Ethereum Mainnet that can genuinely go toe-to-toe with the centralized incumbents.  We’ve eaten a lot of vegetables in the
As perps on mainnet enters the public launch phase and Synthetix core contributors fine tune the SLP vault, rewards have been extended for 8 weeks! This incentive program rewards users for holding sUSD in Infinex, aiding in peg stability, and giving users a productive way to deploy their sUSD while
As we march forward into 2026, we would like to take a moment to reflect on where Synthetix stands today and lay out clearly what lies ahead. Late 2024, Synthetix was at a crossroads - stuck in a multi-year stall, pursuing outdated strategies and operating with a culture that had
A new path for Synthetix's stablecoin sUSD is the synthetic asset that powers trading, liquidity in the Synthetix ecosystem. sUSD launched in 2018 as eUSD and later migrated to nUSD. During the transition to Synthetix, it was rebranded to sUSD. It is one of the longest-running stablecoins
It's election season at Synthetix! Following the passage of the SR-2 governance proposal , four of the seven governance seats at Synthetix are up for election, and you can nominate yourself for a seat! Here's how you can participate in elections as a candidate and a
As part of Synthetix’s continued transition away from legacy systems, all Synths on Optimism will be deprecated. This blog outlines the full timeline, what actions Synth holders should take, and how redemptions will work after trading is disabled. Synth holders are strongly encouraged to swap their Synths before
Today, Synthetix launches the canonical perp DEX on Ethereum. This marks the end of the transition phase and the beginning of the Ethereum Mainnet CLOB era for Synthetix.  As a DeFi pioneer since 2017, with years of experience innovating in synthetic assets, liquidity incentives, and decentralized stablecoins, Synthetix is
Christmas just came early for sUSD depositors on Infinex with 12 weeks of SNX rewards. To support the imminent launch of perps on Mainnet, rewards have been extended for a full 12 weeks! From December 19th, 2025 , until March 13th, 2026 , Infinex users who deposit sUSD will be eligible to
The Next Chapter of Synthetix Begins Now In 2022, Synthetix left Ethereum Mainnet, lured by the low fees and abundant blockspace of Optimism. But we quickly (slowly) learned that the layer two scaling roadmap had some harsh trade-offs for applications. On December 17, Synthetix is coming home. We are
Insurance for crypto’s most unfair moments The most frustrating thing for any perp trader is being directionally right on a position, but getting liquidated at the pico top/bottom of a move.  A single malicious wick, a flash crash, or a fat-finger sell on a low-