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0.234442 USD
% Change
7.90%
Market Cap
80.7M USD
Volume
10.4M USD
Circulating Supply
344M
Synthetix Network to Deprecate Leveraged Tokens on Optimism
Synthetix has officially disabled minting of leveraged tokens on the Optimism network. Token holders can redeem their balances over the next week. After the redemption window, any remaining assets will be distributed. The deprecation marks a shift away from this product line as Synthetix focuses on other offerings. Full details are available in their official blog post.
Event date: August 5, 2025 UTC
Synthetix ⚔️
@synthetix_io
@synthetix_io
Synthetix is sunsetting leveraged tokens on Optimism.
Minting is now disabled for new tokens. Holders can redeem over the next week. After that, any remaining balances will be distributed.
See the blog or thread for details.
https://blog.synthetix.io/deprecating-leveraged-tokens/
🧵⬇️
Minting is now disabled for new tokens. Holders can redeem over the next week. After that, any remaining balances will be distributed.
See the blog or thread for details.
https://blog.synthetix.io/deprecating-leveraged-tokens/
🧵⬇️
SNX Price Changes After Event Publication
3.60%
1 day
7.35%
2 days
59.37%
Now (Added 10 months ago)
The event is about to begin
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Aug 5 21:48 (UTC)
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