mattgov.eth's cast

Apr 4, 2024

Synthetix Perps V3 on @base.base.eth is distributing 50,000 USDC monthly and 20,000 SNX weekly to USDC LPs on Base. TVL is only $2m, meaning APR is around 222% in incentives without any trading fees. Risk warning - Markets aren't delta-neutral yet: expect some debt fluctuations https://blog.synthetix.io/synthetix-v3-on-base/

Synthetix Blog

Synthetix V3 is live on Base

Synthetix V3 is now live on Base. Users can deposit USDC to earn trading rewards and USDC/SNX LP incentives. Additionally, traders can begin trading Synthetix Perps.