Synthetix brings perpetual trading back to Ethereum mainnet after three years

Synthetix is returning its perpetuals protocol to Ethereum's mainnet after three years. Founder Kain Warwick said on Wednesday the network can now support high-frequency trading, citing sharply lower gas costs, with average fees about 0.71 gwei versus 18.85 gwei a year earlier. He expects other perp DEXs to follow.