Foresight News reports that the decentralized derivatives protocol Synthetix has announced the launch of a new product line, Synthetix Vaults, which plans to introduce various vaults in the coming months, ranging from leveraged token vaults to yield generation strategies.
Synthetix stated that in addition to Kwenta, it also plans to acquire the leveraged token protocol TLX, which is a leveraged token protocol supported by the Synthetix v2x perps platform on Optimism. The acquisition is still pending approval from both communities.
