Synthetix Perps on Ethereum Mainnet Are Imminent
[ad_1] 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 excited to announce the official […]
Introducing Synthetix Perps on Ethereum Mainnet
[ad_1] 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 returning to Ethereum Mainnet with […]
Introducing TWAP Orders on Synthetix Perps
[ad_1] 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 all at once, TWAP orders […]
Introducing Scaled Orders on Synthetix Perps
[ad_1] 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 decline in price and “ladder out” […]