Hassan Maishera
The Synthetix team announced in a tweet on Thursday that it has renewed its partnership with Jump Crypto. The team said Jump Crypto’s experience in data-driven trading and liquidity provisioning would complement Synthetix’s mission to become the liquidity backbone for on-chain derivatives. Furthermore, Jump Crypto will work closely with the ecosystem supporting liquidity across the board and providing product feedback.
Synthetix is an Ethereum-based protocol for issuing and trading synthetic assets, including cryptocurrencies, leveraged tokens, equities, and other real-world assets. SNX, the native token of Synthetix, is up by 15% in the last 24 hours and is trading at $3.252 at press time.
