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Synthetix stops deploying on Arbitrum
Editor
2025-01-10 19:01 1,038
Golden Finance reported that Synthetix announced that it is shifting the focus of its perpetual contract market operations to the Base network. Its perpetual contract market on Arbitrum will be closed. It is currently set to liquidation-only mode, and users cannot open new positions or add cash. There is a position. USDx on Arbitrum needs to be exited along with the Arbitrum perpetual contract product, Synthetix Treasury purchased USDx from the open market and funded a wrapper that supports converting USDx to USDe.
Keywords: Bitcoin
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