State of @synthetix_io Q4

Key Update: Synthetix overhauled governance, acquired Kwenta and TLX, and expanded its perp markets, positioning itself for growth in DeFi derivatives.

QoQ Metrics 📊

• Daily avg perp volume ⬆️ 29%

• Open interest hit yearly high of $367.1M

• 68 new perp markets launched (24 new assets)

Read the full report 🔗

https://messari.co/4iQifnv

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