Synthetix ⚔️

Synthetix is the perps exchange of Ethereum Mainnet, offering deep liquidity and low fees. Powered by the SNX token.

[Synthetix ⚔️ @synthetix]

Introducing Snaxpot: Trade a Little, Win a Lot ⚔️

Snaxpot is a weekly rewards program that gives back to traders on Synthetix Perps.

Trade on Synthetix now for your chance to win a $500,000 prize pool.

Here's how it works 🧵⬇️

[Synthetix ⚔️ @synthetix]

Synthetix is Ethereum's perp DEX

[binji @binji_x]

Teams building perps on Ethereum:

> @Lighter_xyz (Ethereum L2)
> @variational_io (on an Ethereum L2 - @arbitrum)
> @grvt_io (Ethereum L2 - @zksync stack)
>@Euphoria_fi (on an ethereum L2 - @megaeth)
> @Ostium (on an ethereum L2 - @arbitrum)

Ethereum is for everything.

[Synthetix ⚔️ @synthetix]

The Synthetix comeback will be biblical

[Synthetix ⚔️ @synthetix]

Introducing ETH as Margin on Synthetix ⚔️

For the first time in the history of @ethereum, you can now use ETH as native collateral for trading perps on Ethereum Mainnet:

🔹 Trade without selling $ETH
🔹 Zero bridge risk
🔹 Seamless basis trades
🔹 Capital efficient margin

[Synthetix ⚔️ @synthetix]

@ethereum Deposit ETH, trade any market, and manage everything from a unified multicollateral margin account, without ever touching your ETH stack.

On Synthetix, every trade lives and settles on Ethereum.

Read more here:
📘 https://t.co/K97ZBBRFeu

[Synthetix ⚔️ @synthetix]

Introducing ETH as Margin on Synthetix ⚔️

For the first time in the history of @ethereum, you can now use ETH as native collateral for trading perps on Ethereum Mainnet:

🔹 Trade without selling $ETH
🔹 Zero bridge risk
🔹 Seamless basis trades
🔹 Capital efficient margin

[nate @nateOse]

aura loop glowmaxxing @synthetix

[Synthetix ⚔️ @synthetix]

Synthetix will soon allow users to tap into ~$150 billion of idle ETH natively on our platform - where every trade lives & settles on Ethereum.

Hold your ETH. Trade everything.

[Synthetix ⚔️ @synthetix]

Trade.

Earn tickets.

Win $500,000.

Snaxpot.

[Synthetix ⚔️ @synthetix]

🔗 All winning ticket prize distributions are published & verifiable onchain:
https://t.co/XUceKW31NE

🔎 Every draw uses @Chainlink VRF for provable randomness:
https://t.co/MVjz3xmjMQ

[Synthetix ⚔️ @synthetix]

The third Snaxpot draw is complete ⚔️

🔹123 winning tickets
🔹$856 in prizes won
🔹All on Ethereum Mainnet

Trade for your shot at winning a $500,000 grand prize: https://t.co/YZdMHinS2Z

[Synthetix ⚔️ @synthetix]

Synthetix 🤝 @FireblocksHQ

Synthetix has partnered with Fireblock's Dynamic wallet infrastructure for fast, secure & reliable onboarding to Synthetix Perps.

[Synthetix ⚔️ @synthetix]

Synthetix 🤝 @Chainlink

Synthetix leverages Chainlink VRF V 2.5 for cryptographically secure & transparent onchain randomness for drawing Snaxpot tickets.

This ensures our rewards program, including our $500k top prize, is always provably fair & verifiable.

[vitalik.eth @VitalikButerin]

@lex_node We've accelerated narratives enough. Let's accelerate the cypherpunk privacy reality 🙂

[Synthetix ⚔️ @synthetix]

Synthetix 🤝 @Coinmetrics

Since day one of launch we've partnered with CoinMetrics as our institutional data provider

CoinMetrics provides Synthetix with robust, transparent & independent crypto pricing services

[Synthetix ⚔️ @synthetix]

🔗 All winning ticket prize distributions are published and verifiable onchain: https://t.co/duwpHjp0rs

🔎 Every draw uses @Chainlink VRF for provable randomness: https://t.co/cDnmf6TqWn

[Synthetix ⚔️ @synthetix]

The second-ever Snaxpot draw is complete ⚔️

🔹129 winning tickets
🔹$1,100 in prizes won
🔹All on Ethereum Mainnet

Trade for your shot at winning a $500,000 grand prize: https://t.co/YZdMHinS2Z

[Synthetix ⚔️ @synthetix]

Trade on Synthetix.

Earn tickets.

Pick the right numbers.

Win $500,000.

Easy.

[Synthetix ⚔️ @synthetix]

Introducing Snaxpot ⚔️

🔹$500,000 initial jackpot prize
🔹Trade on Synthetix to earn Snaxpot tickets
🔹Fully transparent on-chain verifiable prize system

Trade a little, win a lot.

Launching very, very soon...

[Synthetix ⚔️ @synthetix]

9️⃣/9️⃣

[Synthetix ⚔️ @synthetix]

For years, @Ethereum has been running while missing a core foundation: perpetual futures.

Synthetix has now built that foundation: a performant perp DEX on the L1.

While everyone fought over which L2 was the cheapest, Mainnet got good. Really good.

Here's what's changed 🧵⬇️

[Synthetix ⚔️ @synthetix]

8️⃣/9️⃣

As Ethereum has scaled the L1, Synthetix has risen to grow with it.

Every trade executed on Synthetix is a vote for the future of financial activity on Mainnet and the secure, composable ecosystem that thrives upon it.

Read more here:
📘 https://t.co/8BQeat3NDB