DeFi Token Synthetix (SYNTH) Briefly Surges Past $1 Billion Market Cap Before Strong Correction of Decentralized Finance Markets

Synthetix, a “decentralized” asset management protocol that offers non-custodial mimetic trading, had briefly surpassed the $1 billion mark (according to DeFi Pulse data). However, the decentralized finance (DeFi) market has experienced a somewhat strong correction, as around $1 billion in value has been lost almost… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged crypto-assets, decentralized finance, defi, digital assets, synthetix, synths