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Synthetix Report

#11: Covering Nov 12th - Nov 19th, 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 $3,457,632 $22,448,871 -85%
sUSD Supply $10,571,721 $6,722,606 57%
Market Cap Of Synths $15,228,371 $11,644,619 31%
Active Traders 296 264 12%
Planned decline in volume working. Last week's change to fees between s- and i-Synths appears to be protecting the system from technical front-running.

Return to lower trading fees. The global increase to a 0.5% fee was a stop-gap to protect the system until a more robust solution (above) was implemented. The fees will be lowered back down to 0.3%

New synths. The Arctus update brings sDEFI, sLINK, sLTC, sXRP and their inverses. DEFI is basket of assets from different DeFi projects.

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

▲ 3 sUSD $3,301,294 288 $10,571,721
▲ 4 sETH $1,489,915 165 $3,482,915
▲ 2 sXTZ $578,560 13 $81,640
▲ 6 sBTC $481,912 84 $631,249
▼ 4 iMKR $451,668 3 $1,141
▼ 3 sTRX $223,876 6 $3,763
▼ 5 sMKR $208,595 43 $18,532
sBNB $119,168 13 $72,367
▲ 3 iBTC $17,136 12 $44
▲ 4 sXAU $16,924 10 $17,273