Synthetix is the perps exchange of Ethereum Mainnet, offering deep liquidity and low fees. Powered by the SNX token.
Ethereum Mainnet
Joined August 2017
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Introducing Snaxpot: Trade a Little, Win a Lot ⚔️
Snaxpot is a weekly rewards program that gives back to traders on Synthetix Perps.
Trade on Synthetix now for your chance to win a $500,000 prize pool.
Here's how it works 🧵⬇️
Snaxpot Draw #26 has now concluded 🎱
🔹 36 winning tickets
🔹 $264 in prizes won
🔹 All on Ethereum Mainnet
Every week, $500,000+ in prizes go on the line!
Trade for your chance to win:
🔗 exchange.synthetix.io/snaxpo…
🔗 All winning ticket prize distributions are published & verifiable onchain:
etherscan.io/tx/0x59ef835388…
🔎 Every draw uses @Chainlink VRF for provable randomness:
etherscan.io/tx/0xc5d4a53a57…
Snaxpot Draw #24 has now concluded 🎱
🔹 95 winning tickets
🔹 $708 in prizes won
🔹 All on Ethereum Mainnet
Every week, $500,000+ in prizes go on the line!
Trade for your chance to win:
🔗 exchange.synthetix.io/snaxpo…
🔗 All winning ticket prize distributions are published & verifiable onchain: etherscan.io/tx/0x3258ab637c…
🔎 Every draw uses @Chainlink VRF for provable randomness:
etherscan.io/tx/0x200b6e0b21…
Snaxpot Draw #23 has now concluded 🎱
🔹 100 winning tickets
🔹 $656 in prizes won
🔹 All on Ethereum Mainnet
Every week, $500,000+ in prizes go on the line!
Trade for your chance to win:
🔗 exchange.synthetix.io/snaxpo…
🔗 All winning ticket prize distributions are published & verifiable onchain: etherscan.io/tx/0x8f212cc131…
🔎 Every draw uses @Chainlink VRF for provable randomness: etherscan.io/tx/0x337f1786c9…
Snaxpot Draw #22 has now concluded 🎱
🔹 68 winning tickets
🔹 $552 in prizes won
🔹 All on Ethereum Mainnet
Every week, $500,000+ in prizes go on the line!
Trade for your chance to win:
🔗 exchange.synthetix.io/snaxpo…
🔗 All winning ticket prize distributions are published & verifiable onchain: etherscan.io/tx/0x9bedaea532…
🔎 Every draw uses @Chainlink VRF for provable randomness: etherscan.io/tx/0x3b35daacfa…
Snaxpot Draw #20 has now concluded 🎱
🔹 80 winning tickets
🔹 $636 in prizes won
🔹 All on Ethereum Mainnet
Every week, $500,000+ in prizes go on the line!
Trade for your chance to win:
🔗 exchange.synthetix.io/snaxpo…
🔗 All winning ticket prize distributions are published & verifiable onchain: etherscan.io/tx/0x3be2221cb3…
🔎 Every draw uses @Chainlink VRF for provable randomness: etherscan.io/tx/0x22b6071335…
Snaxpot Draw 19 has now concluded 🎱
🔹79 winning tickets
🔹$756 in prizes won
🔹All on Ethereum Mainnet
Every week, $500,000+ in prizes go on the line!
Trade for your chance to win:
🔗 exchange.synthetix.io/snaxpo…
🔗 All winning ticket prize distributions are published & verifiable onchain:
etherscan.io/tx/0xc86a5ba4ea…
🔎 Every draw uses @Chainlink VRF for provable randomness:
etherscan.io/tx/0x443a624d53…
Snaxpot Draw 19 has now concluded 🎱
🔹80 winning tickets
🔹$584 in prizes won
🔹All on Ethereum Mainnet
Every week, $500,000+ in prizes go on the line!
Trade for your chance to win:
🔗 exchange.synthetix.io/snaxpo…
🔗 All winning ticket prize distributions are published & verifiable onchain:
etherscan.io/tx/0x401fdc2f07…
🔎 Every draw uses @Chainlink VRF for provable randomness:
etherscan.io/tx/0x19087e3267…
SIP 423 Update:
Synthetix Improvement Proposal (SIP)-423 closed a chapter of Synthetix, deprecating our native stablecoin, the founding mission of the original 2017 Havven project.
Following its approval on June 19, SIP-423 has now delivered its primary outcomes:
🔹Retired legacy sUSD
🔹Restructured the Debt Jubilee
🔹Reformed SNX staking to establish a sustainable long-term foundation for Synthetix
🔽🧵
4⃣/5⃣
SIP-423 was a hard reset for the Synthetix ecosystem.
Now we can forge ahead as a protocol with zero endogenous dependencies and a clear, stable path to scaling Synthetix as the ultimate perp venue on Ethereum Mainnet.
