Synthetix: All L2 deployments will be phased out, and sUSD and sUSDe early deposit vaults will be launched after the mainnet is launched
2025-06-14 06:00:43
Synthetix, a synthetic asset protocol, has officially announced that due to the unstable Rollup infrastructure, Synthetix often faces downtime. As part of the transition to the Synthetix mainnet, all L2 deployments will be phased out. New deposits in LP vaults are currently disabled. It is planned to completely deprecate leveraged tokens on July 7, as well as perpetual and LP vaults. It is recommended that traders and liquidity providers (LPs) migrate assets to the Ethereum chain. After the Synthetix mainnet goes live, sUSD and sUSDe early deposit vaults, points program incentives, and gated trading competitions will be launched.
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