SNX

Synthetix launches multi-collateral perps on Base amid revamp

December 19, 2024 Coin Telegraph

Arbitrum

The DeFi protocol also launched an in-house perpetuals trading app.

Decentralized finance (DeFi) protocol Synthetix has begun accepting multiple token types as collateral for leveraged perpetuals trading on Coinbase’s Base network, Synthetix said on Dec. 18. 

Launching so-called “multicollateral perps” on Base, one of Ethereum’s most popular layer 2 (L2) scaling networks, is part of a broader revamp of the DeFi protocol after a governance shakeup in October. 

Adding multi-collateral perps will allow users to post tokens such as Coinbase Wrapped BTC (cbBTC) and Coinbase Wrapped ETH (cbETH) as trading collateral, Synthetix said.

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Decentralized Oracle Network Chainlink Leads Real-World Assets Sector in Recent Development Activity: Santiment

December 14, 2024 The Daily Hodl

Altcoins

New data from market intelligence platform Santiment reveals that Chainlink (LINK) is leading the real-world assets (RWA) sector in terms of recent development activity. In a new post on the social media platform X, Santiment says the nascent sector is being led by the decentralized oracle network followed by Ethereum (ETH)-based synthetic asset creator Synthetix […]

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Chainlink (LINK) Continues To Witness More Development Activity Than Any Other ERC-20 Project: Santiment

September 22, 2024 The Daily Hodl

Altcoins

The decentralized oracle network Chainlink (LINK) continues to outpace all other ERC-20 projects in terms of development activity, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Chainlink registered 624.17 notable GitHub events in the past 30 days, more than double the number of the second-ranked project, Ethereum […]

The post Chainlink (LINK) Continues To Witness More Development Activity Than Any Other ERC-20 Project: Santiment appeared first on The Daily Hodl.

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Ethereum-Based Altcoin Leads Real-World Assets Sector in Development Activity, According to Santiment

May 9, 2024 The Daily Hodl

Altcoins

Blockchain analytics platform Santiment says one Ethereum (ETH)-based altcoin project is leading in the real-world asset (RWA) sector based on development activity. Santiment says that blockchain oracle Chainlink (LINK) is seeing the greatest amount of daily activity on the development hosting platform GitHub. LINK Is seeing more than two times the amount of development activity […]

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Crypto Analyst Predicts Bitcoin Build-Up Before Breakout, Updates Outlook on Two Altcoins

April 12, 2024 The Daily Hodl

Altcoins

A widely followed crypto analyst says Bitcoin (BTC) is busy accumulating for another breakout. Crypto trader Michaël van de Poppe tells his 711,500 followers on the social media platform X that gold and BTC are on their way to new all-time highs (ATHs). “Bitcoin looks like it wants to build up before another breakout. Gold continues the […]

The post Crypto Analyst Predicts Bitcoin Build-Up Before Breakout, Updates Outlook on Two Altcoins appeared first on The Daily Hodl.

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Venture Capitalist Arthur Cheong Names Top Altcoin Picks, Including Synthetix (SNX), Aave and One Additional Crypto

January 14, 2024 The Daily Hodl

Aave

DeFiance Capital CEO Arthur Cheong says he’s watching three altcoins that he believes are fulfilling crypto’s strongest narratives. In a new interview with the When Shift Happens YouTube channel, Cheong says that crypto and blockchain technology are primed to fulfill the needs that the fintech industry once catered to. “Crypto and blockchain are well positioned […]

The post Venture Capitalist Arthur Cheong Names Top Altcoin Picks, Including Synthetix (SNX), Aave and One Additional Crypto appeared first on The Daily Hodl.

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Expanded margin pairs available for INJ, OP, SNX and TIA!

December 22, 2023 Kraken

asset listings

We’re thrilled to announce that Kraken now supports new margin pairs for Optimism (OP), Synthetic (SNX), Injective (INJ) and Celestia (TIA)! Margin trading is now available for the below pairs for OP, SNX and TIA:  Pair base Pair name Available leverage Long Position Limit  Short Position Limit OP OPUSD 2X 14000 14000 SNX SNXUSD 2X […]

The post Expanded margin pairs available for INJ, OP, SNX and TIA! appeared first on Kraken Blog.

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Crypto Investor Arthur Cheong Says One Ethereum-Based Altcoin Set for Big Rallies

November 21, 2023 The Daily Hodl

Altcoins

Veteran crypto investor Arthur Cheong says that one altcoin project operating on the Ethereum (ETH) network is set for big moves to the upside. Cheong, the founder of DeFiance Capital, tells his 153,300 followers on the social media platform X that the decentralized finance (DeFi) protocol Synthetix (SNX) could surge by more than 75% from […]

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Lightchain AI Zooms Past Presale Stage 7, Raising $1.1M in 72 Hours

Crypto Hinting at Rallies Amid Unpredictable Market Conditions, According to Santiment

September 11, 2023 The Daily Hodl

Altcoins

New data from crypto analytics firm Santiment reveals that digital assets are hinting at rallies despite market conditions being rife with uncertainty. According to Santiment, “bear market” mentions on social media platforms heavily outweigh those of a bull market, causing the spread of fear, uncertainty and doubt (FUD). However, the market intelligence firm says that […]

The post Crypto Hinting at Rallies Amid Unpredictable Market Conditions, According to Santiment appeared first on The Daily Hodl.

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Ethereum-Based DeFI Altcoin Project Ignites Rallies Amid Rollout of New Upgrade

September 6, 2023 The Daily Hodl

Altcoins

One decentralized finance (DeFi) altcoin project is surging amid the rollout of a highly anticipated network revamp. In the past there days, Synthetix Network (SNX), a protocol that allows users to trade synthetic assets, shot up from a low of $1.91 to a high of $2.51, a more than 32% increase. As the rally took […]

The post Ethereum-Based DeFI Altcoin Project Ignites Rallies Amid Rollout of New Upgrade appeared first on The Daily Hodl.

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Lightchain AI Zooms Past Presale Stage 7, Raising $1.1M in 72 Hours