Synthetix, a leading derivative trading platform, announced the relaunch of its exchange with new support for multi-collateral perpetuals on the Base network.
Interface Update and New Products
As part of the relaunch, the Synthetix exchange received a new website and interface, as well as support for multi-collateral perpetuals on the Base network. New flagship products, such as the Synthetix Exchange and Synthetix Leverage Tokens, are now available.
Bonuses and Incentives for Users
The platform commenced a four-week promotion for Base Liquidity Providers from December 10 to January 7. The initiative will distribute 80,000 SNX and 100,000 USDC. Trading fee distribution on Synthetix V3 has been increased by 50% as well.
Key Acquisitions before the Relaunch
Ahead of the relaunch, Synthetix acquired the leading perpetual platform Kwenta and the leveraged token platform TLX, enhancing and adding new features.
With the new functionality and updated products, Synthetix is ready to handle large trading volumes amidst the growing market activity.
