TLX: The leveraged tokens protocol, is now Synthetix Leverage. With the retirement of the TLX brand comes an even more powerful platform to trade tokenized strategies, backed by deep Synthetix Liquidity, bringing leveraged tokens to the Superchain.
Now live on Base, Synthetix Leverage introduces a suite of leveraged tokens powered by Synthetix perps
Under Synthetix, leveraged tokens continue to expand and improve. You can find the new Synthetix Leverage platform at https://leverage.synthetix.io
Here’s what the transition means for the builders, the product, and the community:
TLX’s product, team, and community have been integrated into the Synthetix ecosystem.
Leveraged tokens are now accessible on Base, along with popular new markets like TRUMP.
Leverage token documentation is now hosted under Synthetix.
TLX tokens can now be migrated to SNX, reflecting the acquisition and integration of TLX into Synthetix.
For traders familiar with TLX, the new Synthetix Leverage should feel familiar, but better than you remember.
The launch of leveraged tokens on Base, built on the powerful Synthetix V3 system, marks the first release under the new Synthetix Leverage platform. Now featuring up to 10 markets and counting, traders can earn rewards by trading any of 16 unique markets and counting across Optimism and Base with up to 7x fixed leverage.
Up for grabs over 5 weeks include:
75,000 OP rewarding traders on Optimism.
150,000 USDC rewarding traders on Base.
We’ve put some serious juice toward celebrating the launch of Synthetix Leverage. For full dates and details, check out the Synthetix Leveraged Token Rally blog.
As part of the transition, TLX token holders can migrate their tokens to SNX. This ensures that community members can remain part of the unified Synthetix ecosystem.
To migrate your TLX tokens:
Head to the TLX Migration Page.
Deposit TLX tokens.
Return to vest unlocked SNX.
For more details on the acquisition, check out the acquisition announcement.
To consolidate the community and important announcements, we invite you to join us where Synthetix lives on the internet.
Talk to us on Discord: https://discord.gg/synthetix
Follow us on X: https://x.com/synthetix_io
Subscribe to our Blog: https://blog.synthetix.io
Thank you for being part of the journey. We invite you to join us in the next chapter. Long live the Tabbys.