SNX (SNX)

💹 Synthetix launches multicollateral with ETH: first non‑stable asset as margin for perps @Synthetix activated multicollateral margin on its decentralized derivatives platform, allowing ETH to be the first non‑stable asset accepted as collateral for trading perpetual contracts directly on Ethereum Mainnet. Users can now deposit ETH as collateral and maintain exposure to the asset while trading any available market, without needing to convert it to stablecoins first. How does the new system work? A unified multicollateral margin account is used where ETH and USDT operate together. The value of ETH is calculated using its real‑time index price, applying a risk discount (haircut). Positions are settled in USDT, so fees, funding, and profit‑and‑loss (PnL) are denominated in that stablecoin. If the USDT balance falls below the required threshold, the protocol automatically converts a portion of ETH to keep the account solvent. Advantages and expectations This functionality unlocks access to over $100 billion of idle ETH and improves strategies such as basis trading: deposit ETH, sell same‑size ETH perps, and create a delta‑neutral position to capture funding rates. Synthetix expects ETH will not be the only non‑stable asset accepted as collateral and that yield‑bearing assets will be the next to be incorporated into the system. In summary Synthetix has activated multicollateral margin with ETH as the first non‑stable asset, allowing users to trade perpetual contracts while maintaining ETH exposure without converting to stablecoins. The upgrade significantly improves capital efficiency and represents an important step toward greater flexibility in the decentralized derivatives market. The functionality is already live on Ethereum Mainnet. ⚠️ Important notice: This information is based on Synthetix’s official announcement. It does not constitute investment advice. Always perform your own analysis before making any decisions.

$SNX Could Be The Best Swing Trade Of The Week. 79% Potential #SNX has formed a bullish swing failure pattern and is retracing into an orderflow discount zone, with structure favoring continuation toward higher timeframe liquidity. Technical Structure: ✅ Swing Failure Pattern → bullish strength signal ✅ Orderflow + discount zone → strong demand area ✅ Bullish continuation structure → momentum building ✅ HTF liquidity above → clear upside draw ✅ Clean path higher → expansion potential Targets: $0.375 → $0.417 → $0.507 → $0.564 Invalidation: 1D close below $0.280 Bullish bias. Wait for confirmation and reaction inside the orderflow zone before entering toward buy-side liquidity. Continuation above swing highs could accelerate upside expansion. TA Only. DYOR.

Spotlighting our expert reviews on: @synthetix Our OG expert reviewers note that Synthetix ethereum:0xc011a73ee8576fb46f5e1c5751ca3b9fe0af2a6f still shows strong protocol design with revenue mechanisms that reinforce the ecosystem and reflect long term thinking. However heavy inflation, massive supply expansion and ongoing stablecoin peg concerns continue to weigh on token performance. Can Synthetix rebuild sustained demand around SNX or will years of dilution keep limiting price recovery? More on the OG audit review and the project info here: ogaudit(.)com/crypto/synthetix-network-snx https://t.co/2UwxLB3TU2

⚙️ Synthetix Enhances Perps Trading @Synthetix Perps added ladder orders to automate entry and exit strategies in volatile markets. 📰 Full article: https://t.co/JYAnYXkLpt

I'm looking at the chart and there's not much time left for this friend. There's an instant 20% profit and the candle I'm waiting for hasn't appeared yet ✍️ https://t.co/yy5ERCOiqS

$SNX's final tweet. When the next tweet arrives, know that a large green candle has appeared on the right. https://t.co/x1b18K1BTN