Synthetix Report
#7: Covering October 16 - 22, 2019
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This is your weekly reminder to claim your SNX and sUSD rewards.
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PROTOCOL STATS
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THIS WEEK
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LAST WEEK
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W/W
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Exchange Volume |
$15,397,214 |
$21,628,661 |
-29% |
sUSD Supply |
$5,012,962 |
$3,602,750 |
39% |
Market Cap Of Synths |
$9,537,270 |
$8,239,336 |
16% |
Active Traders |
207 |
131 |
58% |
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Migration path to Chainlink Price Network. Synthetix CTO Jusitin posted an issue on GitHub about the planned migration from Synthetix to Chainlink oracles. A prerequisite for the switch is an overhauled exchange mechanism. The proposed approach is a FIFO limit order book.
Chainlink ETHUSD Price Network
Mintr v2 beta. The beta has launched and includes new features, including Coinbase Wallet integration.
Why is sETH the largest liquidity pool? Medio from Delphi Digital explores the importance of this pool for Synthetix in a twitter thread.
Today's edition written by
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Caleb Sheridan
Co-founder, Blocklytics
Twitter |
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Top 10 Synths
Ranked by this week's exchange volume
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SYNTH
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VOLUME ▼
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TRADERS
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SUPPLY
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sBNB |
$6,440,444 |
15 |
$70,864 |
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iBNB |
$4,866,511 |
6 |
$467 |
▲ 4 |
sXTZ |
$4,311,938 |
8 |
$56,918 |
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sETH |
$4,106,508 |
128 |
$3,389,367 |
▲ 5 |
iXTZ |
$2,940,409 |
5 |
$163 |
▲ 6 |
sUSD |
$2,059,440 |
197 |
$5,012,962 |
▼ 4 |
iETH |
$1,908,380 |
12 |
$501 |
▼ 3 |
sTRX |
$1,405,705 |
7 |
$3,350 |
▼ 1 |
iBTC |
$1,285,984 |
9 |
$44 |
▼ 4 |
sBTC |
$933,659 |
62 |
$621,822 |
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