New Synthetix Perps Markets: PENDLE, JUP, CVX, and STRK

2 months ago 45

Synthetix is thrilled to present 4 caller perpetual futures markets for leverage trading connected Synthetix Perps. The recently added perpetual markets see Starknet (STRK), Convex Finance (CVX), Pendle (Pendle) and Jupiter (JUP).

 PENDLE, JUP, CVX, and STRK

Synthetix is thrilled to present 4 caller perpetual futures markets for leverage trading connected Synthetix Perps. The recently added perpetual markets see Starknet (STRK), Convex Finance (CVX), Pendle (Pendle) and Jupiter (JUP). These markets were approved successful SIPs 2052, 2053, 2054, 2056 with configurable values acceptable by SCCP-2082.

Note: Starknet (STRK) has been unpaused and is present live! (Update: March 6th)

Trading Synthetix Perps

Synthetix Perps are disposable for trading connected platforms integrating SNX liquidity and supporting perps trading, specified as Kwenta and Polynomial. The Synthetix DAO does not supply trading front-ends, relying alternatively connected third-party user-facing protocols.

For much details connected integrating with Synthetix Perps, notation to the Synthetix Docs.

New Perpetual Futures Markets

The summation of these markets broadens the scope of assets disposable for leverage trading done Synthetix Perps. Prices are determined by the decentralized off-chain Pyth Network oracle. Fees and different configurable values, taxable to change, tin beryllium recovered in SCCP-2082 or via frontend integrators.

Listing New Markets

New perps markets connected Synthetix are added based connected marketplace demand, liquidity, and volatility. Approval from Synthetix Governance via a SIP and/or consequent SCCP is required to configure marketplace variables. Data feeds from Pyth and Chainlink are indispensable for the inclusion of projected assets.

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