Synthetix: The veterans are back, open pre-deposit to get the mainnet Alpha whitelist, $SNX is worth keeping an eye on! The real OG DEFI is back, Synthetix is definitely a veteran in DeFi, having launched in 2018. Back then, no one even mentioned the term DeFi, while Synthetix was already figuring out how to bring various synthetic assets onto the chain. Over the years, this project has gone through several bull and bear markets, and both the community and developers have become more solid. Now Synthetix has launched the first perpetual contract exchange (Perps DEX) on the Ethereum mainnet. Previously, due to the slow and expensive mainnet, most perpetual contracts were run on L2. This time, Synthetix has taken a new approach: order matching is done off-chain for speed; fund settlement is done on-chain for stability. This way, it achieves both speed and security. Users can trade perpetual contracts on the mainnet with low slippage and high liquidity, making the overall...
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