Synthetix Launches Perpetuals DEX on Ethereum Mainnet

2025-12-19 11:15

Synthetix has launched its perpetuals decentralized exchange (DEX) on the Ethereum mainnet, marking a significant development in the DeFi space. The platform is currently in a private beta phase, accessible to 500 whitelisted traders with a deposit limit of 40,000 USDT. Users can withdraw their funds within a seven-day period. The DEX employs a hybrid Central Limit Order Book (CLOB) model to minimize gas costs and latency, offering BTC, ETH, and SOL perpetuals with leverage up to 50x. Synthetix plans to introduce multi-collateral margin and real-world asset (RWA) support, alongside an incentive program slated for launch in Q1 2026.

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