Top Results136 results
Liquity v2: Evolving Onchain Leverage
Unique design, POL pioneer Scalable Decentralized Downfall: No advantage for users Disastrous GTM Synthetix...Synthetix is a synthetic derivatives platform that used endogenous collateral in the form of its governance...Synthetix generated strong user demand. There were a variety of reasons to hold sUSD.
20 Min
Debt-Backed (CDP) Stablecoins
Nov 2024
Inside the Ecosystem: Fueling Aptos' Global Trading Engine
Those familiar with Synthetix will see the similarities in the model....Synthetix allowed those who held the native SNX token to mint stablecoins against it.
39 Min
Infrastructure
Jun 2025
API3: The State of OEV
Perpetual DEX protocols such as GMX and Synthetix have been subject to toxic flow due to searchers running...
29 Min
Infrastructure
Jul 2024
Derive's DRV Token: DeFi's First Options Blue Chip?
Derive formally split from the Synthetix eco, now somewhat competing with them in perpetuals, and made...
3 Min
Options
Jan 2025
The Year Ahead for Infra 2025
The perp landscape has seen numerous protocols take top spot like Synthetix, Perp Protocol, GMX and dYdX...
128 Min
Infrastructure
Dec 2024
Modular Lending: The Next Phase of DeFi Money Markets
Vault creators can recreate Synthetix-like products by issuing synthetic assets against acceptable collateral...
31 Min
DeFi
Apr 2024
The Rise of Ethena: Unpacking The Emerging Synthetic Dollar
With protocols such as Maker, Morpho, and Synthetix leading the way, expect other projects to find ways...
40 Min
DeFi
Apr 2024
20 of my Favorite 2024 Crypto Projects:
Few people know/remember this, but Delphi was one of the first companies to ever get paid by a DAO (Synthetix...
22 Min
DeFi
Jan 2025
Zetachain Part 1: A Competitive Landscape of Blockchain Bridges
This is due to the fact that Synthetix makes up >90% of CCIP’s revenue YTD....Synthetix uses CCIP to bridge sUSD cross-chain....It should also be noted that Synthetix is working on their own cross-chain unified liquidity solution...native use cases like cross-chain swaps, NFTs, etc, it’s just that their only integrations to date are Synthetix...
51 Min
Layer 1 / L1
Jan 2024
The Year Ahead for DeFi 2024
Synthetix and GMX have implemented risk management measures establishing peer-to-pool as a truly viable...Synthetix’ Perps v2 module stands out as a rare example that utilizes a decentralized stablecoin, sUSD...From behemoths like Synthetix, dYdX, and Uniswap continuing to push the space forward with thoughtful...
100 Min
DeFi
Dec 2023
More Than Just Governance: Unpacking Value Accrual Mechanisms
SNX is entering a transition period with the launch of Synthetix v3, as additional collateral types will...Synthetix launched DeFi’s first liquidity mining program, and has had an aggressive emission schedule...This is objectively positive for Synthetix’ scalability, which has been capped by the valuation of SNX...
27 Min
DeFi
Oct 2023
Zetachain Part 2: The Opportunity Ahead for Omnichain Applications
...best execution for a market order is to split up the position by holding 55% on GMX, 40% on Kwenta (Synthetix...
47 Min
Layer 1 / L1
Jan 2024
Kain Warwick: Infinex, the Future of DeFi, and ETH vs SOL
...this episode of the Delphi podcast, co-host José Maria Macedo speaks with Kain Warwick, co-founder of Synthetix...They discuss Kain’s journey in the crypto space, the evolution of Synthetix, and the challenges faced...Kain’s Twitter: https://x.com/kaiynne Chapters 00:00 Introduction to Kain Warrick and Synthetix 03:...
62 Min
DeFi
Sep 2024
Incentives Won't Fix Your Product
Synthetix used incentives to grow the global debt pool to a place where liquidity was so high that traders...
3 Min
Financial Market Themes
Sep 2024
Reviving the Appchain Vision: How Initia Builds on Cosmos’ Legacy
Flow, and Stepn last cycle, dYdX, Hyperliquid and Blast this cycle, and others like Ethena, Maker, and Synthetix...
6 Min
Layer 1 / L1
Sep 2024
The Year Ahead for Markets - 2024
...dApps), Ethereum was the obvious choice (alongside a selection of leading DeFi blue chip assets such as Synthetix...
76 Min
Macro & Markets
Dec 2023
DYDX Valuation Analysis & DEX Perps Comparison
Exploring Protocol Design Synthetix Synthetix perps v1 launched in March 2022 and was marred by wide...Synthetix v3 Under the current Synthetix V2x regime, Synthetix perps are supported by a monolithic pool...Synthetix v3 will be a complete redesign of the Synthetix ecosystem.
40 Min
Derivatives
Jul 2023
DeFi Summer
DeFi Summer Four years ago, DeFi “Blue-Chips” such as lending protocol AAVE and derivatives protocol Synthetix...This is similar to how Synthetix works, but Gains Network doesn’t bother with spot synths, and targets...DeFi Summer Four years ago, DeFi “Blue-Chips” such as lending protocol AAVE and derivatives protocol Synthetix...
11 Min
DeFi
Jun 2023
Distributed Rebellion: A thesis on crypto x AI from Delphi Labs
We leverage hands-on experience with leading crypto protocols including Thorchain, AAVE and Synthetix...
16 Min
Artificial Intelligence
Sep 2024
Monthly Chartbook - AI Narrative Takes the Wheel
The introduction of perps v2 by Synthetix resulted in a significant upswing in volume and traders....Most users prefer to trade via Kwenta, a front-end platform for Synthetix perps v2....Synthetix and Kwenta are currently running an OP trading rewards program which is set to last until August...
30 Min
Global Macro Themes
Jun 2023