According to Foresight News, synthetic asset protocol Synthetix has announced that two proposals to introduce Synthetix Perps on Solana and Sui have been approved. As a result, a working group will be established to bring the perpetual contract market Synthetix Perps to Solana and Sui.
The approval of these proposals marks a significant step forward for the integration of Synthetix Perps into the Solana and Sui ecosystems. The working group will be responsible for overseeing the implementation process and ensuring a smooth transition for users and traders.
Synthetix Perps is a decentralized platform that allows users to trade synthetic assets, providing exposure to various financial instruments without the need to hold the underlying assets. The introduction of Synthetix Perps on Solana and Sui will expand the platform's reach and offer more trading opportunities for users.