Synthetix

#CMC Market Pulse | 14 Jun 2025

DEFI Brief:

Stablecoin payments blockchain, #Plasma , opens deposits for their upcoming XPL token sale. The initial cap of $500M was filled within six minutes, and the cap increase to $1B two days later was filled within 30 minutes.

Lending protocol, #Morpho , unveils Morpho V2, an intent-driven lending platform powered by fixed-term and fixed-rate loans.

DEX aggregator, 1inch, introduce their new Pathfinder, advertising rates that are 6.5% better than ever before.

#Synthetix announces an expansion to launch a perp DEX on the Ethereum mainnet, after years of exploration on ETH L2s.

VC Fundraises and Airdrops 💰

Web3 security protocol, Hypernative, raises $40M in a Series B funding round led by Ballistic Ventures and Ten Eleven Ventures, with support from Quantstamp, Stepstone and more.

Stablecoin payment network, Noah, raises $22M in a seed round led by LocalGlobe, with participation from Felix Capital, FJ Labs, and angels including Joe Lonsdale, David Helgason and more.

Solana Optimistic Network secures a $5M strategic funding round from Jump Crypto and Amber Group, alongside notable angel investors.

Chain abstraction protocol, OneBalance, raises $20M in a venture funding round led by cyber Fund and Blockchain Capital, with support from Mirana and L2 Iterative Ventures.

DeFi super app, Defi.App, releases their HOME token airdrop. Claimants can stake their HOME tokens for 12 months to double their airdrop.

#MakerDAO - backed lending protocol, Spark, releases the eligibility checker for Season 1 of their airdrop, rewarding users of SparkLend and holders of USDS, sUSDS, DAI, sDAI, xDAI and SAI.

$SOL $1INCH $HOME

#CMC Market Pulse | 14 Jun 2025

DEFI Brief:

Stablecoin payments blockchain, #Plasma , opens deposits for their upcoming XPL token sale. The initial cap of $500M was filled within six minutes, and the cap increase to $1B two days later was filled within 30 minutes.

Lending protocol, Morpho, unveils Morpho V2, an intent-driven lending platform powered by fixed-term and fixed-rate loans.

DEX aggregator, 1inch, introduce their new Pathfinder, advertising rates that are 6.5% better than ever before.

#Synthetix announces an expansion to launch a perp DEX on the Ethereum mainnet, after years of exploration on ETH L2s.

VC Fundraises and Airdrops 💰

Web3 security protocol, Hypernative, raises $40M in a Series B funding round led by Ballistic Ventures and Ten Eleven Ventures, with support from Quantstamp, Stepstone and more.

Stablecoin payment network, Noah, raises $22M in a seed round led by LocalGlobe, with participation from Felix Capital, FJ Labs, and angels including Joe Lonsdale, David Helgason and more.

Solana Optimistic Network secures a $5M strategic funding round from Jump Crypto and Amber Group, alongside notable angel investors.

Chain abstraction protocol, OneBalance, raises $20M in a venture funding round led by cyber Fund and Blockchain Capital, with support from Mirana and L2 Iterative Ventures.

DeFi super app, Defi.App, releases their HOME token airdrop. Claimants can stake their HOME tokens for 12 months to double their airdrop.

#MakerDAO - backed lending protocol, Spark, releases the eligibility checker for Season 1 of their airdrop, rewarding users of SparkLend and holders of USDS, sUSDS, DAI, sDAI, xDAI and SAI.

$SOL $1INCH $HOME

#CMC Market Pulse | 14 Jun 2025

DEFI Brief:

Stablecoin payments blockchain, #Plasma , opens deposits for their upcoming XPL token sale. The initial cap of $500M was filled within six minutes, and the cap increase to $1B two days later was filled within 30 minutes.

Lending protocol, Morpho, unveils Morpho V2, an intent-driven lending platform powered by fixed-term and fixed-rate loans.

DEX aggregator, 1inch, introduce their new Pathfinder, advertising rates that are 6.5% better than ever before.

#Synthetix announces an expansion to launch a perp DEX on the Ethereum mainnet, after years of exploration on ETH L2s.

VC Fundraises and Airdrops 💰

Web3 security protocol, Hypernative, raises $40M in a Series B funding round led by Ballistic Ventures and Ten Eleven Ventures, with support from Quantstamp, Stepstone and more.

Stablecoin payment network, Noah, raises $22M in a seed round led by LocalGlobe, with participation from Felix Capital, FJ Labs, and angels including Joe Lonsdale, David Helgason and more.

#solana Optimistic Network secures a $5M strategic funding round from Jump Crypto and Amber Group, alongside notable angel investors.

Chain abstraction protocol, OneBalance, raises $20M in a venture funding round led by cyber Fund and Blockchain Capital, with support from Mirana and L2 Iterative Ventures.

DeFi super app, Defi.App, releases their HOME token airdrop. Claimants can stake their HOME tokens for 12 months to double their airdrop.

#MakerDAO - backed lending protocol, Spark, releases the eligibility checker for Season 1 of their airdrop, rewarding users of SparkLend and holders of USDS, sUSDS, DAI, sDAI, xDAI and SAI.

$MORPHO $1INCH $HOME

📈 $SNX backs Synthetix, enabling synthetic assets. Is this a must-have for DeFi enthusiasts? 🌐

#Synthetix #syntheticassets #BinanceSquareFamily

$SNX

#Synthetix is maintaining position above the lower border of the falling wedge on the weekly chart

Price is finding strong support at the main trendline while consolidating within this large pattern

A decisive bounce from this wedge support could push price towards $5.00

Buy and Trade $SNX here
@WISE PUMPS #BSCTradingTips

Breaking News ⚠
📢 **Synthetix Founder Reflects on Ethereum Sale Decisions**

According to Odaily **Synthetix founder Kain** recently shared on 𝕏 that he **might have been better off selling all his $ETH ** 🤔

This comes after his earlier reveal that **since 2020** he has:
- Sold **90% of his ETH holdings** 💸
- Increased his **$SNX investment to 35M tokens** 📈

🔹 **Reflecting on past moves**
🔹 **Big shift from $ETH to SNX**
🔹 **What’s next for his portfolio?**
👀 #Ethereum #Synthetix #Crypto

🔴 sUSD from Synthetix has lost its peg and has fallen to $0.66 — déjà vu with Terra?

sUSD, the stablecoin from Synthetix, is again below $1 — the current price is around $0.66. The reason? The protocol update SIP-420, which unexpectedly changed the financial mechanics of the project.

📉 What happened:

— The collateralization ratio was reduced from 450% to 200%

— Old debts do not have to be repaid for a whole year

— Stakers are no longer incentivized to buy back sUSD

— The price of SNX has dropped → collateral decreased

— Market panic is creating cascading sell-offs

⚠️ Reminds of the collapse of Terra/LUNA — and again the problem lies in the mechanics of collateral and trust.

💭 The million-dollar question: can we trust decentralized stablecoins without a hard tie to reserves?

Subscribe — we are analyzing the risks while the market is turbulent 🔴

#bitcoin #crypto #stablecoins #synthetix #DEF $BTC $ETH $XRP

🚨#SYNTHETIX PROPOSES $27M DRV TOKEN SWAP TO ACQUIRE DERIVE

🔹$SNX -for-$DRV token swap proposed at 27:1 ratio

🔹$27M valuation under SIP-415, pending DAO vote

🔹DRV holders to receive vested SNX (3-month lock, 9-month vesting)

🔹Acquisition boosts Synthetix v4, may enable derivatives exchange

🔹Follows past acquisitions: Kwenta, TLX

– The Block

#SNX/USDT (Weekly)

$SNX also had a Breakout ✅ in the weekly time-frame currently its retracing the same falling wedge after the Breakout👀.

The Volume is quite good,🏓 so anticipating a Breakout in this week in $SNX 📈
#snx #Synthetix #BTC #Binance $SNX

🚨 $SNX /USDT ALERT: Breakout Levels in Focus – Is $3.50 Next? 🚨

$SNX /USDT is currently trading at $3.29, up 21.90% in the past 24 hours. After a strong rally, the price is approaching critical resistance levels, signaling potential continuation or a pullback.

Spot Trading Setup:
• Entry Zone: $3.20 - $3.30
• Target 1: $3.35
• Target 2: $3.50
• Target 3: $3.60
• Stop Loss: $3.10

Futures Trading Setup:

Long Position:
• Entry: Above $3.30
• Target 1: $3.35
• Target 2: $3.50
• Target 3: $3.60
• Stop Loss: $3.20

Short Position (if rejected):
• Entry: Below $3.20
• Target 1: $3.10
• Target 2: $3.00
• Stop Loss: $3.35

Key Levels to Watch:
• Resistance: $3.35 (immediate), $3.50 (critical breakout).
• Support: $3.20 (strong support), $3.10 (secondary support).

⚠️ Note: $SNX shows strong upward momentum, but caution is advised near resistance zones. Ensure tight stop-loss management and watch for clear confirmation of trend direction.

#SNX #Synthetix #CryptoSignals #DeFi #TradingTips"

$SNX
Synthetix acquired the leveraged token platform TLX through a token swap transaction, which has been approved by SIP-412 and TIP-14. Currently, Synthetix is working with the TLX team to optimize several parameters in the current implementation and is fully advancing the launch work on the Base chain. They plan to complete a comprehensive review, implement parameter improvements, and redeploy all contracts in the coming weeks. Once this work is completed, Synthetix will announce a generous leveraged token incentive program to welcome the arrival of 2025.
#snx #synthetix

#SNX #Synthetix $SNX
Hey, guys,
today we're gonna take a look at Synthetix, DEFI project, 60th in CM.
On the weekly chart we can see that the instrument has returned and is trading within the boundaries of rectangular consolidation, in case the price fixes above has the potential to work off the breakdown for further growth around 7-8$.
Locally on the daily chart the price is in a downtrend, now the local bounce from 3$, but until we do not consolidate above 3.5 has the potential for further decline, if the breakdown of 3.5 we may see growth in the area of local highs 4.6-4.7 where the main resistance is located. The key support is below 2.5, which can be tested and from where it is preferable to pick up this coin, this zone coincides with 0.786 Fibo. In general, the instrument is quite interesting and it is worth following.
Stay tuned.

🔥 JUST IN : #Synthetix To Partner With #Ethena On New Staking Mechanism, Offer Higher Yields And Initiate Token Buybacks.

Synthetix price today is $ 0.912424 with a 24-hour trading volume of $ 88.53M, market cap of $ 104.78M, and market dominance of 0.00%. The SNX price increased 6.73% in the last 24 hours.

Synthetix reached its highest price on Feb 14, 2021 when it was trading at its all-time high of $ 28.63, while Synthetix's lowest price was recorded on Jan 5, 2019 when it was trading at its all-time low of $ 0.032478. The lowest price since it's ATH was $ 0.819976 (cycle low). The highest SNX price since the last cycle low was $ 1.01603 (cycle high). The Synthetix price prediction sentiment is currently bearish , while Fear & Greed Index is showing 20 (Extreme Fear).

Synthetix's current circulating supply is 114.84M SNX out of max supply of 212.42M SNX. In terms of market cap, Synthetix is currently ranked #42 in the DeFi Coins sector, ranked #10 in the Yield Farming sector, ranked #109 in the Ethereum (ERC20) Tokens sector and ranked #14 in the Layer 2 sector.
#SNX #Synthetix $SNX

🚀 Altcoins Bottoming Out? Time to Pay Attention! 📊

Some altcoins are showing signs of life, and $SYNT is one to watch! 👀

Here’s why $SYNT is turning heads:

- 🌐 Building the World’s Largest Decentralized AI Inference Pool: Powering the next generation of DeFi with AI! 🤖💡
- 🤝 New Collaboration: Partnered with @ClusterProtocol to supercharge their ecosystem! 🔗✅
- 📈 Bottomed Out Potential: Charts are looking juicy – could this be the start of a reversal? 🎯
- 🚀 Innovation Meets DeFi: AI + DeFi = The future of finance. 💸🌍

#DYOR, but $SYNT is definitely on my radar! 🛸

👇 What’s your take on $SYNT and the altcoin market?

Let’s discuss! 💬

#Synthetix $SOL

🚀 $SYN /USDT: DeFi is SURGING! 🔥 Get Ready for Takeoff! 🚀

📈 Currently at $0.2231

📊 Market Structure:
• Making consistent higher highs and lows on the 30-min chart! ⬆️
• Strong bullish momentum after breaking back above $0.2200! 💪
• Not much resistance until the recent high of $0.2265! 💨

🔑 Key Levels:
• Resistance: $0.2265 / $0.2300 🚧
• Support: $0.2150 / $0.2080 🛡️
• Breakout Zone: Above $0.2200! ✅

$SYN

🎯 Trade Setup:
• Entry: $0.2200 – $0.2240 🟢
• Targets:
• TP1: $0.2350
• TP2: $0.2480 🏆
• SL: Below $0.2110 🛑

💡 Quick Tip:
Watch the volume! If $SYN breaks $0.2265 with strong volume, expect it to keep going! Ride the DeFi wave, but always use a stop loss! 😉

🔥 DeFi is on fire, and SYN is leading the pack! Are you ready to ride this wave? 🌊

#SYN #Synthetix #DeFi #CryptoGains #BullishRun

Midday News Update #Web3

❌ Synthetix cancels $27M acquisition deal with Derive — plans shelved.

📉 Abraxas Capital suffers $25M unrealized loss shorting $BTC, $ETH & $SOL with 10x leverage on Hyperliquid.

🍕 Papa John’s rolls out special Papa Rewards for Bitcoin Pizza Day celebration.

🕵️‍♂️ Movement’s Thapaliya leaks airdrop secrets — blames co-founder Cooper for behind-the-scenes issues.

🇺🇸 U.S. House GOP to vote on Trump’s sweeping tax cut bill before Thursday morning (local time).

#Synthetix #Hyperliquid