Synthetix Deploys First Major Perpetuals Protocol on Base Mainnet, Marking the Completion of the Synthetix V3 Upgrade
Synthetix, the leading crypto derivatives markets ecosystem, has deployed V3 of its perpetuals contracts protocol on Base , becoming the first to introduce a major perpetuals product for crypto on the new Ethereum layer 2.
- Synthetix, the leading crypto derivatives markets ecosystem, has deployed V3 of its perpetuals contracts protocol on Base , becoming the first to introduce a major perpetuals product for crypto on the new Ethereum layer 2.
- More perps projects building on Synthetix V3 will also be deploying on Base in the coming months, including a new perpetuals futures exchange launching soon, Infinex .
- “The problem is, we're still using centralized infrastructure for most crypto transactions,” said Kain Warwick, Founder of Synthetix.
- By building on Base, Synthetix will help bring in the next generation of novel financial instruments onchain.”