Synthetix founder: Will return to the Ethereum mainnet and use an off-chain order book
TechFlame
2025-08-15 11:59
TechFlame2025-08-15 11:59
English
According to TechFlame, Kain Warwick, founder of Synthetix and Infinex, wrote that the Synthetix team is thoroughly discussing plans to return to the Ethereum mainnet. The last cycle failed. There are many reasons and no excuses.
Two years have passed, and the Ethereum mainnet clearly needs a modern, high-performance perpetual contract decentralized exchange. Synthetix has returned to its initial state, with the goal of returning to the decentralized exchange in the EVM ecosystem. The off-chain order book has a batch settlement engine that works like an optimistic sequencer but keeps all funds on the mainnet, which in my opinion is the best design for perps today.