Synthetix to Return to Ethereum Mainnet, Introducing Layer 2 Order Matching for a Perpetual Contract DEX
BlockBeats News, August 15th, Synthetix and Infinex founder Kain Warwick posted on social media, stating that Synthetix is accelerating its return to the Ethereum mainnet, aiming to build a modern, high-performance perpetual contract decentralized trading platform. After two years of development, the team has confirmed that the off-chain order matching combined with a batch settlement engine, with funds being fully reserved on the mainnet, is currently the optimal design solution.
The Synthetix team has completed the integration, greatly improved coordination capabilities, reignited entrepreneurial enthusiasm, and is committed to reshaping Synthetix into one of the top decentralized trading platforms in the EVM ecosystem.
You may also like

Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.

Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…

Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…

Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…

Aave Oracle Glitch Sparks $27M Liquidations: CAPO System Misconfiguration
Key Takeaways: A misalignment in Aave’s CAPO oracle system led to $27 million in liquidated wstETH positions. The…

Arthur Hayes and the Bitcoin Net Liquidity Conundrum: Navigating the Crypto Rollercoaster
Key Takeaways: Arthur Hayes refrains from Bitcoin purchases until the Federal Reserve expands the money supply. Hayes’s “Net…

Hyperliquid Soars as Margin System Upgrades Amidst Surge in Oil Trading
Key Takeaways: Hyperliquid (HYPE) token surged to nearly $35 following a massive spike in trading volume. The platform’s…

Why the Bitcoin Price Could Soon Hit Bottom
Key Takeaways: Market activity suggests increased profit-taking has pressured Bitcoin prices. Economic theories view Bitcoin bridging traditional and…

11 Best Crypto Wallets for January 2026
Key Takeaways: Cryptocurrency wallets safeguard your digital assets with unparalleled security, a top priority in the wake of…

a16z's harsh lesson for crypto founders: Why don't companies buy the best technology?

Circle doubled in a month, what is the market betting on?

Meta Acquires Moltbook: 42 Days, a Perfect Narrative Arbitrage

Circle Doubling in a Month, What's the Market Betting On?

Oscar Awards Preview: Who Are the Whales in the Prediction Markets Betting On?

Firecrawl Launches Agent-Specific Web Crawling Tool, NVIDIA Releases Nemotron 3 Super, What's the English community talking about today?

Crypto Cheat Sheet AI: Explaining 30 Common Slang Terms in One Shot

Agent is also prone to business mutual promotion, Circle's AI hackathon was too lit

Morning News | Nexthop AI completes $500 million Series B funding; "xMoney" will begin early testing next month; The U.S. Department of Justice is investigating Iran's use of Binance to evade sanctions
Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.
Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…
Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…
Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…
Aave Oracle Glitch Sparks $27M Liquidations: CAPO System Misconfiguration
Key Takeaways: A misalignment in Aave’s CAPO oracle system led to $27 million in liquidated wstETH positions. The…
Arthur Hayes and the Bitcoin Net Liquidity Conundrum: Navigating the Crypto Rollercoaster
Key Takeaways: Arthur Hayes refrains from Bitcoin purchases until the Federal Reserve expands the money supply. Hayes’s “Net…