Synthetix (SNX) news

Synthetix price soars 20% amid volume spike: here’s why

Synthetix sUSD Expected to Reanchor by August End

Synthetix Founder Shares Latest Update on sUSD Depegging: Mainnet Pre-Deposit Launch Expected to Restore sUSD Peg

Data: In the past 24 hours, top investors have focused on projects such as Nerite, Unit, and Pure Finance

Synthetix to Gradually Wind Down All L2 Deployments, Plans Early sUSD and sUSDe Vaults After Mainnet Launch

Synthetix Founder: Designing a New Client Project

Synthetix raises sUSD staking requirement for debt collateral to 20% to restore the stablecoin peg

Synthetix raises sUSD staking requirement for debt collateral to 20% to restore the stablecoin peg

South Korea’s DAXA Keeps Synthetix (SNX) on “Caution” List via Upbit, Bithumb Until Late June

Synthetix (SNX) “cautionary asset” status extended by Upbit & Bithumb in Korea until June 24. SNX price at $0.774, shows indecision with Bollinger Bands squeezing & neutral RSI at 48.95. OKX to delist 11 trading pairs (incl. PRQ, SAMO) on June 4, adding to market unease.

Synthetix and Derive Complete $27 Million Merger Plan

Synthetix Drops $27M Token Swap Deal to Acquire Derive’s Options Platform

Originally introduced in mid-May, the proposal involved Synthetix acquiring Derive’s treasury, technology, and full product suite.

Synthetix and Derive call off $27 million merger proposal

Quick Take Synthetix and Derive mutually canceled a $27 million acquisition deal under which Synthetix would have acquired Derive. The acquisition involved a token swap, 27 DRV for 1 SNX, and required Synthetix to mint 29.3 million new SNX tokens.

Lawmakers, Activists Rally to Protest Trump’s Meme Coin Event – Is Crypto Becoming a Political Flashpoint?

As political capital merges with crypto wealth, a growing chorus of lawmakers and watchdog groups warns that Trump’s $TRUMP token dinner blurs ethical boundaries.

Synthetix Drops $27M Derive Deal After Community Pushback

Community outrage forced Synthetix to scrap $27M Derive acquisition, with concerns including token dilution and the sUSD depeg

Synthetix launches sUSD buyback program with a daily maximum limit of $1 million

Synthetix Launches Daily sUSD Buyback Program with a Maximum Limit of $1 Million

Synthetix launches daily sUSD buyback with a maximum limit of $1 million to restore stablecoin peg

Synthetix Eyes Derive Re-Acquisition in Strategic Derivatives Expansion

Decentralized finance protocol Synthetix is making a bold move to deepen its footprint in the crypto derivatives space, announcing plans to re-acquire options trading platform Derive in a token-based deal.

Acquisitions Continue in the Cryptocurrency Market! Decentralized Derivatives Protocol Synthetix Makes a Major Acquisition! Here Are the Details

SNX token rises as Synthetix moves to re-acquire Derive for mainnet perps

Synthetix Proposes $27M Token Swap to Acquire Derive’s Options Platform

The proposed acquisition values Derive—formerly known as Lyra—at roughly $27 million, with a swap ratio of 1 SNX to 27 DRV tokens.

Synthetix Proposes $27 Million Acquisition of Derive to Integrate Derivatives Ecosystem

Synthetix Community Proposes Acquisition of Decentralized Options Platform Derive at a Valuation of $27 Million

Synthetix to Reacquire Derive in $27M Token Trade Deal

The Daily: What's fueling ETH's price rally, Ethereum Foundation launches 'Trillion Dollar Security' initiative, and more

Quick Take Ethereum has lagged behind Bitcoin and alternative Layer 1s throughout this cycle amid a wave of underperformance narratives. And yet, since the crypto market’s April lows, ETH has surged nearly 100% — gaining 65% in the last 30 days alone to tap $2,750. The Ethereum Foundation has launched a “Trillion Dollar Security” initiative to future-proof the network for global-scale financial demand.

Synthetix and Derive Plot Crypto M&A Deal to Drive Perpetual Futures Trading

Synthetix contributors have proposed to acquire the decentralized options platform Derive to promote perpetual futures strategies.

Synthetix proposes $27 million token swap to acquire options protocol Derive

Quick Take Synthetix contributors have proposed acquiring Derive (formerly Lyra) via an SNX-for-DRV token swap. The proposed valuation is $27 million, and the swap ratio would be 27 DRV to 1 SNX.

Dinari Secures $12.7M to Tokenize U.S. Stocks

Cardano’s Price Recovery Suggests Potential Bullish Trend But Risks Remain Below $0.70

Synthetix: Plans to Re-adjust Incentives to Restore sUSD Peg and Lay Foundation for L1 and Perps V4