Week in DeFi: Multichain Woes, the Future of Synthetix and Penumbra’s New DEX

Bridging platform Multichain suffers downtime as TradFi rates arrive on Avalanche — find out about these and more in our weekly DeFi roundup.

• 2023-05-29
• Synthetix DEX Penumbra market volatility Kain Warwick Multichain

DeFi Token Synthetix Soars 10% as Community Mulls PEPE Market Launch

SNX surged overnight as the Synthetix community weighs integrating the popular meme cryptocurrency PEPE into its DeFi offering.

• 2023-05-18
• Synthetix Synthetix Improvement Proposal

Market Maker DWF Labs Invests $20M in DeFi Liquidity Protocol Synthetix

DWF Labs purchased $15 million worth of Synthetix's native token SNX on March 16 with a further purchase of $5 million to follow.

• 2023-03-20
• Synthetix Synthetix Treasury Council DWF Labs

DeFi Liquidity Protocol Synthetix Deploys Version 3 on Ethereum

Synthetix holds over $500 million in locked tokens over the Ethereum and Optimism networks.

• 2023-02-23
• Synthetix derivatives trading Ethereum

Synthetix token soars 6%, but watch for bear repulse at the descending trendline

Synthetix token extended weekly gains on Tuesday by adding another 6%The token trades below a descending trendlineBears may attempt to force a correct

• 2022-12-07
• Altcoin Cryptocurrency Synthetix