Synthetix is the perps exchange of Ethereum Mainnet, offering deep liquidity and low fees. Powered by the SNX token.

Ethereum Mainnet
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 🧵⬇️
29
28
171
37,089
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…
5
7
189
7,186
🔗 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…
4
957
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…
48
10
303
9,017
🔗 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…
3
12
2,012
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…
8
8
114
9,676
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…
12
9
105
9,019
🔗 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…
2
2
6
2,257
Synthetix is Ethereum-aligned technology 🔹Deposit ETH as margin 🔹Long ETH 🔹All on Ethereum Mainnet
20
17
130
9,801
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…
20
13
104
9,403
🔗 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…
1
7
2,204
On Synthetix, you can long $ETH with $ETH as margin, entirely on Ethereum Mainnet
17
16
210
9,989
Ethereum.
14
8
169
16,424
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 🔽🧵
18
19
139
14,709
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.
1
1
20
1,547
5⃣/5⃣
1
9
1,392
Snaxpot Draw 18 has now concluded 🎱 🔹22 winning tickets 🔹$148 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…
4
4
55
8,908
🔗 All winning ticket prize distributions are published & verifiable onchain: etherscan.io/tx/0xa2f44041c4… 🔎 Every draw uses @Chainlink VRF for provable randomness: etherscan.io/tx/0xdfaddad117…
4
1,306