Synthetix (SNX) unveiled its app chain, dubbed SNAXchain
SNAXchain, based on Optimism’s Superchain infrastructure, will serve as a hub for governance and protocol decisions as Synthetix expands to more chains. It is developed in partnership with Conduit for chain infrastructure and Wormhole for cross-chain messaging.
SNAXchain, based on Optimism’s Superchain infrastructure, will serve as a hub for governance and protocol decisions as Synthetix expands to more chains. It is developed in partnership with Conduit for chain infrastructure and Wormhole for cross-chain messaging.
Top-11 PJTs by open interest leverage ratio (OILR)
OILR is calculated by dividing the amount of dollars locked in open perpetual futures contracts by the Market Cap of the cryptocurrency. The higher the OIRL, the bigger the impact of the upcoming long/short squeeze on the cryptocurrency price, providing traders with big possibilities for spot trading.
OILR is calculated by dividing the amount of dollars locked in open perpetual futures contracts by the Market Cap of the cryptocurrency. The higher the OIRL, the bigger the impact of the upcoming long/short squeeze on the cryptocurrency price, providing traders with big possibilities for spot trading.