Synthetix garante investimento de US$ 20 milhões da DWF Labs

A Synthetix garantiu um investimento de US$ 20 milhões da DWF Labs, empresa de investimento da Web3 e de comércio quantitativo. A parceria verá a DWF Labs encarregada de aumentar a liquidez do token SNX e a criação de mercado em trocas centralizadas e descentralizadas, com os futuros perpétuos da Synthetix integrados aos negócios comerciais da DWF Labs.

Timeline of Synthetix

Synthetix [SNX] continues to make news with its achievements, the latest being Perps V2. Synthetix revealed in a recent tweet that Perps V2's cumulative volume reached nearly $2 billion, while its daily volume somewhat touched $115 million.

A mysterious investor is scooping up an Ethereum-based (ETH) altcoin that has more than doubled up in price so far this year. According to new data from blockchain-tracking service Lookonchain, an unnamed institution spent $10 million worth of USD Coin (USDC) to purchase 3.

Synthetix [SNX] witnessed a major surge in its Perps V2 exchange as its daily volume reached $100 million. This indicated an increased number of investors in the network, as crypto traders often use perpetual contracts to earn passive income through funding fees.

Since the crypto market sentiment turned bearish after a few weeks of improvement, many cryptocurrency prices have retraced. Many coins have barely held their gains, while others have surrendered the past month's gains to the bears.

Synthetix's native token SNX is among the few cryptocurrencies that managed to maintain a bullish bias in the last two weeks. This, at a time when most of the top cryptos have been struggling to hold on to January gains.

Recently, Synthetix [SNX] got into the spotlight, thanks to its trading volume. Token Terminal revealed that SNX's trading volume registered a considerable uptick over the last few weeks.

The crypto market has demonstrated a healthy recovery since January 2023, and, as a result, there has been increased activity in the DeFi world. Synthetix is among the companies that are capitalizing on this recovery.

Synthetix has slowed down in 2022 in its DeFi pursuits, just like many crypto networks have during the bear market. Regardless, the network remains committed to its long-term pursuits and this was evident in its latest endeavor.

 Synthetix [SNX] managed to pull off a solid uptick by more than 10% as of 17 October. This performance meant that it had outperformed many of the top cryptocurrencies during the same period.

The crypto market has been harsh in recent times. Synthetix Network (SNX) and eCash (XEC) are struggling to post sustainable growth after suffering a downfall during the recent market crash.