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Synthetix DEX Returns to Ethereum Mainnet After 2022 Exit

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ETH
$2,996.050.55%
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BTC
$88,639.600.55%
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SOL
$125.63-0.29%
Synthetix has brought its DEX back to Ethereum mainnet, ending its Layer-2 operation since 2022. The perpetual futures platform uses off-chain matching and on-chain settlement to boost scalability. A private beta with 500 users launched first, offering access to BTC, ETH, and SOL pairs. Withdrawals are paused and will resume after a week. The move follows Ethereum’s mainnet upgrades and lower gas fees, which the team cited as key reasons for the return to the mainnet in the crypto space.
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