According to founder Kain Warwick, Synthetix will accelerate its Ethereum mainnet return, using off-chain order matching with batch settlement to deliver a high-performance perpetuals platform while keeping user funds on-chain.
On August 15, Kain Warwick—founder of Synthetix and Infinex—announced plans to accelerate Synthetix’s return to the Ethereum mainnet to build a modern, high-performance decentralized perpetuals trading platform. After two years of development, the team finalized a design that combines off-chain order matching with batch settlement while keeping all funds on mainnet. Warwick said integration has been completed and coordination has greatly improved. The team aims to make Synthetix a top-tier DEX in the EVM ecosystem.