Synthetix, a leading protocol for synthetic assets, is set to revolutionize the decentralized finance (DeFi) market with its major upgrade, Synthetix V4. This update will introduce exciting new […]
Synthetix Launches Mobile Access & New Perpetual Markets in Q2 2025
Synthetix is expanding its perpetual futures offerings with the release of mobile access and new market listings. The platform now offers trading options on popular cryptocurrencies including SNX, […]
Synthetix Revamps Incentives to Revert sUSD Peg
Synthetix founder Kain Warwick announced new incentives for stabilizing the sUSD peg, aiming to enhance its economic structure and community confidence. The strategy combines both positive incentives like […]
Synthetix’s sUSD Stablecoin Regains Peg, Challenges Explained by Founder
Synthetix founder Kain.eth confirmed that the stablecoin sUSD has fully re-established its peg, currently valued at $1.05. Kain.eth highlighted how Synthetix’s debt pool design and staking incentives, while […]
Synthetix Urges SNX Stakers to Stabilize sUSD Amid Depeg Crisis
Synthetix is calling for increased participation in its 420 Pool incentive program to help stabilize the ongoing depegging of its sUSD stablecoin. The protocol’s recent SIP-420 update, aimed […]
Synthetix Founder Calls on Stakers to Fix sUSD Depeg
The Synthetix protocol is facing pressure to stabilize its sUSD stablecoin, prompting founder Kain Warwick to appeal directly to stakers for a solution. The value of sUSD has […]
Synthetix Urges Stakers to Take Action Over ‘sUSD Crisis,’
Synthetix founder Kain Warwick has issued a stern ultimatum to SNX stakers urging them to participate in the new sUSD staking mechanism or face consequences. The call to […]
Synthetix’s sUSD Depegging Raises Concerns About DeFi Stability
Synthetix’s stablecoin sUSD has experienced a significant drop below its $1 peg, leading to concerns about the stability of synthetic assets in the decentralized finance (DeFi) market. The […]
Second Depeg Threatens Synthetix’s sUSD: Can We Avoid History Repeating?
Synthetix’s synthetic USD (sUSD) stablecoin has experienced another significant depeg, plunging below $1 in recent weeks. This follows a similar incident earlier this year and raises concerns about […]
Synthetix’s sUSD Stumbles: Deep Depecation Sparks Uncertainty
Synthetic’s algorithmic stablecoin, sUSD, has fallen to its lowest point in years, dropping below $0.7 amid mounting concerns over its stability and liquidity woes. The latest plunge follows […]
Synthetix’s sUSD Stablecoin Drops to New Low Amidst Market Volatility
Synthetix’s native stablecoin, Synthetix USD (SUSD), has experienced further decline from its US dollar peg, reaching new record lows below $0.70. Despite this volatility, the protocol emphasizes that […]
Synthetix’s sUSD Plunges Below $0.77, Raising Concerns About Stability
Synthetix’s stablecoin sUSD has experienced a significant drop below the $0.77 mark, sparking concerns about market stability. Its market cap has plummeted from $30 million to $24.5 million, […]
Synthetix’s sUSD Stablecoin Loses Peg: Analyzing Potential Impact
The Synthetix stablecoin, sUSD, has recently experienced a significant de-pegging event, losing its stability to the US dollar. This event has sparked debate among investors and market analysts, […]
Synthetix’s sUSD Stablecoin Experiences Significant Decoupling: What You Need to Know
Synthetix’s decentralized stablecoin, sUSD, has experienced a significant decoupling from its peg. Trading at $0.8107 following a 5.8% drop in the last 24 hours, this marks a notable […]
Synthetix’s sUSD Depeg Explained: Governance Upgrade and Lack of Incentives
A new report from on-chain analytics firm Parsec reveals that Synthetix’s recent depegging of its stablecoin, sUSD, is not due to a failed protocol or bad debt, but […]