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Synthetix Unveils Multi-Collateral Perps Revamp

DeFi Protocol Launches In-House Perpetuals Trading App

  • The new app impacts approximately 25% of the $50 billion DeFi market.
  • Legal strategy includes securing a regulatory sandbox for compliance testing.
  • Industry response includes a 15% increase in user adoption within the first quarter.

This initiative sets a significant precedent by integrating perpetual trading within a decentralized framework, with major players like Uniswap and Aave observing the regulatory sandbox approach for potential adoption.

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