Latest Synthetix News & Updates

See the latest news and media coverage for Synthetix. We track all announcements, press releases, and industry mentions in real time, all in one place.

Synthetix

Decentralized perpetual futures protocol on Ethereum

synthetix.io

Headquarters: Sydney, Australia
Founded year: 2017
Company type: Private company
Number of employees: 23–50
Industry: Blockchain & Cryptocurrency

Last updated October 30

Latest news about Synthetix

In short: Synthetix returned to Ethereum Mainnet, launched perp trading tools, and advanced sUSD and strategic plans.

Company announcements

June 17 Synthetix

Synthetix launches its referral program

Users earn 25% of referee trading fees and Snaxpot tickets for weekly prize draws through the new system.

June 3 Synthetix

Synthetix enables ETH collateral for trading perps

ETH acts as native margin on Ethereum Mainnet. Unified accounts support basis trades. More assets launch soon.

May 13 Synthetix

Synthetix introduces Snaxpot weekly rewards for traders with a $500K jackpot

The program awards tickets based on trading fees, allowing users to select numbers for a fair, on-chain draw using Chainlink VRF. Winners receive USDT and SNX.

December 12, 2025 Synthetix

Synthetix launches its perp DEX on Ethereum Mainnet

The launch adds BTC, ETH, and SOL markets with initial user caps. Features include ETH collateral and multi-collateral margin support.

Media coverage

October 30 CryptoPan

Synthetix recovers SNX, Newton tokens locked as Binance haul hits walls

Synthetix has recovered the SNX stolen in Binance's $6.3 billion hack, while the attacker accidentally locked about 8 million Newton tokens in a dead contract.

February 16 Yahoo Finance

Synthetix (SNX) Officially Joins Robinhood: What Does This Mean for Liquidity?

SNX token climbs to $2.45 amid renewed investor interest in the decentralized derivatives platform,...

December 16, 2025 Yahoo Finance

Synthetix Ditches Layer-2s, Returns to Ethereum’s Mainnet

DeFi derivatives protocol Synthetix is returning to the Ethereum Mainnet after a three-year stint on...

December 12, 2025 Cryptonomist

Synthetix perps return to Ethereum with a capped launch and new trading incentives

On December 17, Synthetix will relaunch its canonical perpetuals DEX on Ethereum, marking a full-circle move after leaving the Mainnet in 2022 for Optimism's lower...

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