Synthetix stopped deploying on Arbitrum
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Jan 11
According to Synthetix, it has announced that it is shifting the operational focus of its perpetual contract market to the Base network, and the perpetual contract market on its Arbitrum will be closed, which is currently set to close-only mode, and users will not be able to open new positions or add existing positions. USDx on Arbitrum needs to be exited along with the Arbitrum perpetual contract offering, and Synthetix Treasury bought USDx from the open market and funded a wrapper that supp...
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