Synthetix ExchangeThe Kwenta Token Migration
The swap interface for migrating your KWENTA tokens to SNX is now live. This migration unlocks opportunities to participate in the Synthetix system and DAO, where your SNX tokens can be staked and used to help govern the protocol. Follow the simple steps below to ensure a smooth transition and start vesting your tokens today. For more details about the unification with Synthetix, check out this blog.Key Details About Token VestingTokens began vesting on November 12th, even if you haven’t depo...
Synthetix ExchangeKwenta x Synthetix: Next Steps
Following the unification announcement, we’re now entering the next phase of the transition. This stage focuses on streamlining token migration, refining incentives, and ensuring traders experience a smooth shift as Kwenta evolves into Synthetix Exchange.Social Media UpdatesKwenta’s community spaces are evolving to support this transition while ensuring traders and community members continue to have access to resources and support.Discord ChangesWhile most channels will be archived, key chann...
Synthetix ExchangeKwenta x Synthetix: A Unified Future
Today marks a monumental step forward for both Kwenta and Synthetix. Following the approval of KIP-138 by the Kwenta community and SIP-411 by the Synthetix community, the two projects will now reunite under a single mission: to build the most powerful decentralized derivatives platform in DeFi.Why Was This Decision Made?This unification brings Kwenta full circle. Originally launched in 2021 as an independent protocol through SIP-179, Kwenta was designed to be a dedicated front end for Synthet...
Kwenta has been acquired by Synthetix. Please follow along at https://blog.synthetix.io/ Trading is live at https://exchange.synthetix.io/
Synthetix ExchangeThe Kwenta Token Migration
The swap interface for migrating your KWENTA tokens to SNX is now live. This migration unlocks opportunities to participate in the Synthetix system and DAO, where your SNX tokens can be staked and used to help govern the protocol. Follow the simple steps below to ensure a smooth transition and start vesting your tokens today. For more details about the unification with Synthetix, check out this blog.Key Details About Token VestingTokens began vesting on November 12th, even if you haven’t depo...
Synthetix ExchangeKwenta x Synthetix: Next Steps
Following the unification announcement, we’re now entering the next phase of the transition. This stage focuses on streamlining token migration, refining incentives, and ensuring traders experience a smooth shift as Kwenta evolves into Synthetix Exchange.Social Media UpdatesKwenta’s community spaces are evolving to support this transition while ensuring traders and community members continue to have access to resources and support.Discord ChangesWhile most channels will be archived, key chann...
Synthetix ExchangeKwenta x Synthetix: A Unified Future
Today marks a monumental step forward for both Kwenta and Synthetix. Following the approval of KIP-138 by the Kwenta community and SIP-411 by the Synthetix community, the two projects will now reunite under a single mission: to build the most powerful decentralized derivatives platform in DeFi.Why Was This Decision Made?This unification brings Kwenta full circle. Originally launched in 2021 as an independent protocol through SIP-179, Kwenta was designed to be a dedicated front end for Synthet...
Kwenta has been acquired by Synthetix. Please follow along at https://blog.synthetix.io/ Trading is live at https://exchange.synthetix.io/
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With the successful transition to Synthetix Exchange, the deprecation of the Kwenta DAO and Kwenta brand is now final. This marks the end of an era, but it’s far from the end of the journey. The community that powered Kwenta will continue to thrive under the unified Synthetix Exchange banner. Alongside this evolution comes a major product upgrade, setting the stage for an even better trading experience.
Before we dive into the new features of Synthetix Exchange, here’s how you can stay involved and updated with all things Synthetix:
🔶 Subscribe to the Synthetix Blog: Get email updates and in-depth coverage of Synthetix Exchange and the broader Synthetix ecosystem. Stay informed about new releases, governance updates, and all things DeFi.
🔶 Join the Synthetix Discord: With the Kwenta Discord winding down, the Synthetix Discord is your go-to hub for support, governance discussions, product feedback, and lively trading conversations.
🔶 Follow the Synthetix Exchange Twitter: Kwenta’s Twitter account has been rebranded and will feature trading-focused updates. If you were already following Kwenta, you’re all set! If not, now’s the perfect time to join the conversation.
🔶 Join the Synthetix Trading Telegram: Formerly the Kwenta Telegram, traders can talk charts, discuss strategies, and keep up with exchange updates.
We encourage you to follow any or all of these platforms to stay connected with the project and community.
The KWENTA <> SNX swap interface is now live! KWENTA holders and stakers can migrate to the unified Synthetix ecosystem by unstaking your KWENTA, and completing the swap on the swap interface. For detailed instructions and the full terms of the swap, check out our token migration blog.
The Synthetix Exchange is live with a fresh look and upgraded experience, particularly on the Base network. If you have open positions, they are fully accessible on the newly branded platform.
What’s New:
Base Multicollateral: In addition to Optimism and Arbitrum integrations, Base now supports cbETH, wstETH, cbBTC, and ETH as collateral.
This powerful feature enables custom payoffs, advanced trading strategies, and the ability to trade while earning staking yield.
Read more about the new features in the Synthetix Blog.
While the Kwenta name and logo may retire, the community and trading experience live on in the Synthetix Exchange. With a unified team, we’re more focused than ever on delivering the best onchain perpetuals trading experience.
Here’s to the next chapter. See you on the other side! 🥂
With the successful transition to Synthetix Exchange, the deprecation of the Kwenta DAO and Kwenta brand is now final. This marks the end of an era, but it’s far from the end of the journey. The community that powered Kwenta will continue to thrive under the unified Synthetix Exchange banner. Alongside this evolution comes a major product upgrade, setting the stage for an even better trading experience.
Before we dive into the new features of Synthetix Exchange, here’s how you can stay involved and updated with all things Synthetix:
🔶 Subscribe to the Synthetix Blog: Get email updates and in-depth coverage of Synthetix Exchange and the broader Synthetix ecosystem. Stay informed about new releases, governance updates, and all things DeFi.
🔶 Join the Synthetix Discord: With the Kwenta Discord winding down, the Synthetix Discord is your go-to hub for support, governance discussions, product feedback, and lively trading conversations.
🔶 Follow the Synthetix Exchange Twitter: Kwenta’s Twitter account has been rebranded and will feature trading-focused updates. If you were already following Kwenta, you’re all set! If not, now’s the perfect time to join the conversation.
🔶 Join the Synthetix Trading Telegram: Formerly the Kwenta Telegram, traders can talk charts, discuss strategies, and keep up with exchange updates.
We encourage you to follow any or all of these platforms to stay connected with the project and community.
The KWENTA <> SNX swap interface is now live! KWENTA holders and stakers can migrate to the unified Synthetix ecosystem by unstaking your KWENTA, and completing the swap on the swap interface. For detailed instructions and the full terms of the swap, check out our token migration blog.
The Synthetix Exchange is live with a fresh look and upgraded experience, particularly on the Base network. If you have open positions, they are fully accessible on the newly branded platform.
What’s New:
Base Multicollateral: In addition to Optimism and Arbitrum integrations, Base now supports cbETH, wstETH, cbBTC, and ETH as collateral.
This powerful feature enables custom payoffs, advanced trading strategies, and the ability to trade while earning staking yield.
Read more about the new features in the Synthetix Blog.
While the Kwenta name and logo may retire, the community and trading experience live on in the Synthetix Exchange. With a unified team, we’re more focused than ever on delivering the best onchain perpetuals trading experience.
Here’s to the next chapter. See you on the other side! 🥂
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