Synthetic is a protocol for issuing and trading synthetic assets based on Ethereum. Synthetic assets, synthetic tokens or synth are RC20 tokens that track the price of an external assets. It consists of smart contracts and a set of incentives, the value of the network token also acts as collateral, for the production of a synthetic asset, a lock of the proportional value of SNX is required, which allows you to instantly convert between synthetic assets without the problems with liquidity and slippage that other decentralized exchanges. The resulting token network supports a wide range of use cases, including trading, loans, payments, money transfers, e-commerce, and more.

Synthetix news today, SNX crypto latest news of token ticker

Synthetix

Synthetix is a protocol for the release of synthetic assets on the Ethereum blockchain. The project supports the idea of stablecoins by adding the ability to create a digital copy of any asset. The sUSD is a digital copy of the US dollar.

sUSD news today, SUSD crypto latest news of token ticker

sUSD

dHEDGE

Synthetix ⚔️

Kwenta

RT @dHedgeOrg: 📣 Breaking news!🚨

dHEDGE Managers can now take advantage of 22 new @synthetix_io perpetual futures markets on @Kwenta_io.…

📣 Breaking news!🚨

dHEDGE Managers can now take advantage of 22 new @synthetix_io perpetual futures markets on @Kwenta_io.

Enjoy lightning-fast execution, low fees, and leverage up to 25x for the ultimate trading experience. Check it out now: https://t.co/Pq9azdBKYm https://t.co/gGjEuHr5j8 https://t.co/TQmxToekGL

22 new assets.

25x leverage.

Lower fees.

Deep liquidity.

👇Trade the new Perps v2👇
https://t.co/uS0XFqLY41 https://t.co/Ud6y3loc1N

RT @dHedgeOrg: Breaking news.