According to official news, the decentralized derivatives protocol Synthetix has announced plans to acquire the leveraged token protocol TLX and launch a new product line called Synthetix Vaults. This strategy complements Synthetix's core product—the decentralized derivatives platform—and helps diversify protocol revenue. Synthetix stated that various vault products will be launched in the coming months to expand its core platform capabilities, including leveraged token vaults and actively managed strategies such as basis trading capture and funding rate arbitrage. Previously, Synthetix acquired its main frontend integrator Kwenta.