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Synthetix Report

#15: Covering Dec 10 - Dec 17, 2019

This is your weekly reminder to claim your SNX and sUSD rewards.
Claim rewards on Mintr ↗︎

PROTOCOL STATS

THIS WEEK

LAST WEEK

W/W

Exchange Volume $49,218,531 $79,071,932 -38%
sUSD Supply $11,341,114 $12,487,600 -9%
Market Cap Of Synths $21,920,187 $24,591,702 -11%
Active Traders 349 347 1%
Collateralization ratio continues to improve. The ratio has further improved and currently stands at 826%.

ChainLink oracle networks live for fiat synths. The oracle networks will update the price for each 1% deviation or a minimum of once per hour.

Gas savings on token transfers. The EIP-223 standard has been deprecated for Synthetix tokens in an effort to save gas and avoid warning messages on transactions.

Incentives work. The chart below shows the unparalleled growth of the sETH Uniswap pool.



Today's edition written by
 
Caleb Sheridan
Co-founder, Blocklytics
Twitter
 

Top 10 Synths

Ranked by this week's exchange volume

SYNTH

VOLUME ▼

TRADERS

SUPPLY

▲ 5 sXTZ $20,765,845 23 $60,890
▼ 1 sMKR $18,895,296 28 $200,432
▼ 1 sETH $13,435,695 142 $7,919,900
▼ 1 iMKR $11,399,596 14 $107,138
sLINK $11,167,922 76 $87,237
▲ 3 sTRX $6,421,932 6 $2,609
▲ 4 sLTC $5,909,138 4 $295
sUSD $3,289,003 334 $11,341,114
▲ 4 sBNB $2,831,811 12 $65,938
▼ 3 sBTC $2,769,827 68 $1,293,386