Offering solutions for synthetic assets in the DeFi ecosystem, Synthetix has announced its new platform to rival centralized exchanges (CEX). The platform, called Infinex, will offer business transactions on the Optimism network with perpetual smart contracts.
Synthetix’s founder, in a statement, said that they want to overcome the problems faced by users, as useful as centralized exchanges, but without sacrificing security. The platform has 500 million dollars of liquid Synthetix is planned to be integrated with
Along with Infinex, the Synthetix V3 platform is expected to launch at the end of the year. SNX price also experienced a significant rise after this announcement. The price, which was at the level of $ 2.20 in the morning, is at the level of $ 3.3 as of the writing of the article. The altcoin, which rose by about 50%, became one of the prominent ones in the altcoin rush that started on July 13, 2023.
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