Prominent investor speculates why Terra’s algo-stablecoin (UST) triumphed over Synthetix (sUSD)
While UST challenges the hegemony of DAI–a question of what exactly sets the Terra native stablecoin apart from the competition hit the nerve.
DeFi summer 2.0? Synthetix, Aave, Sushi pump double digits
Popularity of yield farming is on the rise, but institutional investors have yet to fully take advantage.
Synthetix (SNX) ‘Bellatrix’ update makes “shorting” easy for DeFi users
Yesterday saw the launch of an easy “shorting” provision for users of the DeFi app, shooting the prices of its token by 11%.
Synthetix launches sXAG markets as internet traders begin pumping silver
The metal gained over 11% in the past day, setting an eight-year high price.
The future of finance: Synthetix just launched staking on Optimistic Ethereum
Congestion has been a theme for Ethereum over the past few months.
Altcoins explode higher: Synthetix, Uniswap, and more rally by over 20%
“Altcoin season” may have begun as coins aside from Bitcoin and Ethereum take center stage, outperforming strongly against BTC and the United States dollar.
Synthetix DeFies odds, surges 30% despite Ethereum drop from year-to-date highs
For most of the past 48 hours, the crypto market was blood red.