Synthetix has launched a new app chain — SNAXchain — aimed at bringing cross-chain liquidity and trading-fee revenues to native-token stakers and onchain trading products, Matt Losquadro, a Synthetix ...

Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD) depeg. Warwick said ...

The sUSD stablecoin by Synthetix is having its second de-pegging episode for the past month. This time, the asset-backed stablecoin fell under $0.90, with a low around $0.83. The sUSD stablecoin ...