Synthetix to launch perpetual futures on Ethereum scaling solution Optimism

Synthetix is a financial primitive enabling the creation of synthetic assets, offering derivatives and exposure to real-world assets on the blockchain. A synthetic asset, in turn, is simply a tokenized derivative that mimics the value of another asset. A spot exchange-traded fund, or ETF, is a typical example of a synthetic asset that could represent for example gold, oil or bitcoin.
According to a blog post from the Synthetix team, Synthetix is launching its perpetual futures product on the Ethereum layer-2 scaling solution Optimism later this week. As scaling solutions go, this means users can benefit from higher transaction throughputs and reduced network fees.
“Anyone with access to the internet will be able to leverage Synthetix’s infrastructure to access up to 10x leverage on an ever-growing list of Synthetic assets,” the post reads.
Kwenta first partner to integrate perpetuals
A perpetual futures contract, also known as a perpetual swap, is an agreement to non-optionally b

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