Synthetix launches cross-chain app for SNX staking, offering scalability and reduced fees.

From Cointelegraph
September 06, 2024 04:09 PM:

Synthetix launched on Arbitrum in July, sparking increased competition among DeFi derivatives protocols. This move opens up new opportunities for users looking to trade synthetic assets on the layer 2 solution. Synthetix’s integration with Arbitrum aims to enhance scalability and reduce fees for its users, attracting more participants to the platform.

Read more at Cointelegraph: New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps