Synthetix: Will announce perps V4 design details in the coming weeks and push for Q2 deployment to the mainnet

Apr 23, 2025 19:59:33

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ChainCatcher message, Synthetix stated that since the launch of Synthetix, every SNX staker minting sUSD has had to bear their share of the protocol's collective debt. As the protocol evolves, debt hedging needs to cover a range of complex inverse tokens, options, wrappers, and derivatives. By mid-year, users will enjoy a unified ecosystem: a robust sUSD peg mechanism, deep liquidity, high-performance L1 and L2 markets, diversified collateral, and a seamless user experience powered by modern wallet infrastructure, along with incentive mechanisms to drive protocol development.

More details about the perps V4 design will be announced in the coming weeks, and Synthetix aims to deploy perps to the mainnet by the end of the second quarter at the latest.

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