🚀 Synthetix to Launch First Perps DEX on Ethereum Mainnet! 🦄💹

Synthetix is gearing up to debut the first-ever perpetuals DEX directly on Ethereum mainnet in Q4 2025 🔥.

💰 $1M Trading Competition kicks off in October 2025 to celebrate the launch.

⚡ Features:

Multi-collateral margin using yield-bearing assets like sUSDe, wstETH & cbBTC 🪙✨

Gasless trading & zero settlement fees ⛽❌

Earn yield on collateral while trading 📈💵

🌐 Goal: tap into Ethereum’s deep liquidity & bring on-chain perps to the mainnet crowd without the need to bridge.

⚠️ Watch out: security, liquidity depth & regulatory hurdles remain key challenges 🛡️📊.

👉 A big step for DeFi derivatives and a direct challenge to CEXs & L2 perps platforms! 🔥🧩

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