Synthetix, Web3 investment company DWF Labsand received an investment of 20 million dollars.
DWF Labs, in this month 15 million dollarsworth Synthetix ( SNX ) he bought. Announcing that it has also partnered with the project, DWF Labs is on central and decentralized exchanges. SNXIt will be tasked with increasing token liquidity and market making.
The Platform’s Daily Transaction Volume Exceeds $400 Million
Synthetix’s perpetual futures will be integrated into DWF Labs’ trading operations as part of the deal. However, after the integration of Synthetix services has been completed, DWF Labs 5 million dollarscommitted to purchase more SNX tokens worth
Synthetix offers users the ability to buy, sell and trade synthetic assets (synths) without the need for any underlying assets.
Commenting on the topic DWF Labsmanaging partner Andrey Grachevpartnership’s decentralized finance ( DeFi) emphasized that it provides facilitated trade mechanisms in the field and used the following expressions: “Platforms are now SynthetixLeveraging deep liquidity and composability, it can offer better transactions with lower slippage.”
Dune AnalyticsAccording to data from Synthetix’s V2 platform, March 2023It exceeded 400 million dollars in daily clearing transaction volume in .
