Synthetix is thrilled to introduce 4 new perpetual futures markets for leverage buying and selling on Synthetix Perps. The newly added perpetual markets embrace Starknet (STRK), Convex Finance (CVX), Pendle (Pendle) and Jupiter (JUP).
Synthetix is thrilled to introduce 4 new perpetual futures markets for leverage buying and selling on Synthetix Perps. The newly added perpetual markets embrace Starknet (STRK), Convex Finance (CVX), Pendle (Pendle) and Jupiter (JUP). These markets have been authorized in SIPs 2052, 2053, 2054, 2056 with configurable values set by SCCP-2082.
Notice: Starknet (STRK) might be unpaused later this week.
Buying and selling Synthetix Perps
Synthetix Perps can be found for buying and selling on platforms integrating SNX liquidity and supporting perps buying and selling, equivalent to Kwenta and Polynomial. The Synthetix DAO doesn’t present buying and selling front-ends, relying as an alternative on third-party user-facing protocols.
For extra particulars on integrating with Synthetix Perps, confer with the Synthetix Docs.
New Perpetual Futures Markets
The addition of those markets broadens the vary of belongings accessible for leverage buying and selling by way of Synthetix Perps. Costs are decided by the decentralized off-chain Pyth Community oracle. Charges and different configurable values, topic to vary, might be present in SCCP-2082 or through frontend integrators.
Itemizing New Markets
New perps markets on Synthetix are added primarily based on market demand, liquidity, and volatility. Approval from Synthetix Governance through a SIP and/or subsequent SCCP is required to configure market variables. Knowledge feeds from Pyth and Chainlink are important for the inclusion of proposed belongings.