Synthetix (SNX)
Synthetix (SNX) is at the forefront of a decentralized protocol that facilitates liquidity provision. This service is vital for many protocols across the Optimism and Ethereum networks. By combining strong liquidity with minimal transaction fees, it serves as a fundamental service.
Meanwhile, it has been announced that the Infinex DEX exchange will officially start on May 13th. Warwick shared this news today at the ETH Global conference in Sydney, Australia. Currently, the price of Synthetix is $2.59, having increased by more than 2% in the last 24 hours. It ranks 92nd on CoinMarketCap with a market capitalization of $850 million.
