
Messari|Mar 21, 2025 19:07
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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