Synthetix’s return to Ethereum mainnet follows scaling upgrades, reintroducing its core trading product with plans for broader user access beyond initial whitelisted participants.
Synthetix Network announced in a Dec. 19 blog post that it has returned its core perpetuals trading product to the Ethereum mainnet, citing recent scaling improvements that make layer-1 viable again. The relaunch initially limits access to whitelisted liquidity providers via the Synthetix Liquidity Providers (SLP) program, with the protocol planning to extend availability to all users in future phases.