MUX Protocol will Aggregate with Synthetix on Optimism

MUX Protocol will Aggregate with Synthetix on Optimism

MUX announced it will aggregate with Synthetix Perps on Optimism to provide users with deep liquidity and diverse market options. All markets and liquidity from Perps will be available for trading through the MUX Leveraged Trading Aggregator.

Synthetix Perps is a platform that accommodates large open interest limits on a wide range of assets, with efficient trade execution. The collaboration with Synthetix Perps will allow MUX to expand its offerings, providing users with access to 18 crypto pairs, 5 forex pairs, and more to come.

Apart from supporting all markets and liquidity from Synthetix Perps, MUX will also apply the liquidation price optimization feature for Perps positions. MUX will first aggregate with Synthetix Perps on Optimism and follow Synthetix to other ecosystems during potential expansion.

MUX protocol is a leveraged trading protocol built on top of multiple blockchains. It is designed to provide zero price impact trading, up to 100x leverage, zero counterparty risks for traders, and universal liquidity through liquidity multiplexing. MUX is both a perp dex itself, built on GMX style where you trade against the LPs, and a perp dex aggregator. On the aggregator side, you can either keep "Auto" mode and Mux will automatically select the most efficient route for your order.

Source

DEX

Optimism

Synthetix

DeFi

In This Article

Related News
Solana Lending Protocol MarginFi saw $200M Users Fund Outflow in Two Days Solana Lending Protocol MarginFi saw $200M Users Fund Outflow in Two Days
The U.S. SEC Issued a Wells Notice to Uniswap The U.S. SEC Issued a Wells Notice to Uniswap
Frax Finance to Allocate $250M Ethena's USDe to a New Liquidity Pool Frax Finance to Allocate $250M Ethena's USDe to a New Liquidity Pool
Aave Proposes to Implement a Fee Switch to Distribute Fees to Token Holders Aave Proposes to Implement a Fee Switch to Distribute Fees to Token Holders
Ethena Launched $ENA Token and Kicked off 2nd Incentives Program Ethena Launched $ENA Token and Kicked off 2nd Incentives Program
Latest News More More
29 Minutes Ago Tether Partnered with Telegram to Launch USDT Payment
52 Minutes Ago Bitcoin Layer 2 Stacks to Rollout Nakamoto Upgrade
1 Hour Ago Memecoin Shiba Inu Raised $12M From a Private Token Sale
1 Day Ago ZKasino Unilaterally Locks $33M of User Funds for 15 Months, Sparking Widespread Anger
1 Day Ago Bitcoin Fees Fall Sharply After Hit the Historically Record on the Havling Day
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open