Decentrex

What are Synthetix Perps? Perps are decentralized perps contracts built using SNX liquidity, allowing traders to gain exposure to various assets. Many protocols are already integrated with Synthetix Perps; these include: @Kwenta_io @PolynomialFi @DecentrexHQ & more are coming!

@Baskitchbrah Did no one tell the cat he can just long onchain with @Kwenta_io or @DecentrexHQ

We are proud to announce that we have listed 22 new markets on Decentrex! This includes crypto, forex & metals. The new markets are: $BTC, $LINK, $APE, $DOGE, $DYDX, $AAVE, $UNI, $AVAX, $MATIC, $SOL, $BNB, $OP, $ATOM, $AXS, $FLOW, $FTM, $NEAR, $XAU, $XAG, $AUD, $GBP & $EUR

📢 Exciting news: 22 new perpetual markets are now available for leverage trading on Synthetix Perps. Enjoy low fees, instant execution, and an excellent user experience on perps trading frontends @Kwenta_io and @DecentrexHQ. Learn more 👇 blog.synthetix.io/22-new-synthet…

The Eltanin release has begun! SNX is adding 22 new markets to Synthetix Perps soon. Governance-approved SCCPs can make these markets available for trading on frontends @Kwenta_io & @DecentrexHQ in the coming days. Stay tuned! 👇 blog.synthetix.io/the-eltanin-re…

@0x_____________ @healthymofin @PolynomialFi 😘💋

@healthymofin kwenta is built on perps v2 by synthetix, @DecentrexHQ also has a UI and @PolynomialFi is coming out with one

snx has many products with leverage that arent available anywhere else in defi you can trade xmr, bnb, sol, avax, doge, gold+silver, from ethereum when the v2 0.05% and 0.1% fees on eth are out of alpha, they will be expanded to all markets and likely to see volume 10-20x

@BurtRock69 @mrwsnx_eth @AgiRabbithole @Kwenta_io To be clear, these advantages apply to all Synthetix perps v2 frontends

@mrwsnx_eth @AgiRabbithole @Kwenta_io @DecentrexHQ Quick tl;dr on how the experience on Kwenta is/will be better: Fees - These are already lower than GMX in v2 by a few basis points, no gouging on "swap fees". Pairs - We have over a dozen in v1. In v2 alpha it's just ETH, but WAY more on the way: sips.synthetix.io/sips/sip-295/

@0x_____________ @synthetix @rasputincatETH 🤨🤨🤨

New docs for developers who are interested in building a UI for @synthetix futures 🤑 DM @rasputincatETH if you have questions 💌 synthetix-1.gitbook.io/synthetix-docs…

ooo its time

More markets coming soon…

@napgener OK, we’ll take this into consideration!

@napgener @justcryptodefi @Kwenta_io To disallow, as per Synthetix team’s recommendations.

@napgener @justcryptodefi @Kwenta_io Max leverage is 25x, but by placing multiple orders, one can currently exceed that. We do not recommend anyone do this. We are working on updating the UI to account for this. 👍🏼

@justcryptodefi @napgener @Kwenta_io Yes! Mobile support is prioritized as well 🙏🏼

@DecentrexHQ @napgener @Kwenta_io Yes need more improvement for sure. Had very bad experience with mobile phone to close or add more position. Good work

@justcryptodefi @napgener @Kwenta_io We’re currently working to improve this UI 👍🏼

@napgener @Kwenta_io @DecentrexHQ Once i had 25x, i was able to do more 25x , dont know how it works but i was upto 104x while adding the position.

@NeetNort @awawat @napgener @optimismFND Tradelog is not entirely accurate. We’ll be rolling out updated data very soon!

@0xTacoBurrito Have a fix on the way. Thanks for being patient!

1/6 Introducing Decentrex: A perpetual futures DEX with lightning fast speed, cheap transactions, deep liquidity and optimized UX. Powered by @synthetix. After many months of private beta, we're proud to finally announce our public beta! Let's dive in 👇🧵

6/6 We are committed to providing an optimal UX for casual traders, degens, and beginners alike! Stay tuned for updates on our roadmap, and everything we have planned for this year 🗺 👉 Try Decentrex here: decentrex.com

5/6 The oracles we use in Perps V2 will vary by market. We're excited to announce we'll be using @PythNetwork's oracle for our first market, ETH-USD. Shoutout to Pyth for helping us with a smooth integration!