SYNTHETIX IS TARGETING A Q4 LAUNCH FOR PERPS V3 AND INFINEX

Summary from the TLDR Crypto newsletter

Synthetix, a protocol for trading synthetic assets and crypto derivatives, is planning to launch v3 of its decentralized perpetual futures exchange and its new front end, Infinex, in Q4. The upgrade aims to improve the UX by mimicking a CEX’s usability but retaining the self-custody principle of DEXs. Infinex will facilitate access to decentralized perpetuals trading without requiring an on-chain transaction for every trade. Founder Kain Warwick envisions this as another step in user migration from CEXs, given the history of such platforms facing theft and mismanagement issues.