
Foresight News|Aug 15, 2025 11:55
Synthetix founder: will return to the Ethereum mainnet and adopt an off chain order book
According to Foresight News, Kain Warwick, founder of Synthetix and Infinex, stated in an article that the Synthetix team is deeply exploring plans to return to the Ethereum mainnet. The previous cycle failed for many reasons, and there is no excuse. Two years have passed, and it is clear that the Ethereum mainnet needs a modern, high-performance decentralized exchange for perpetual contracts. Synthetix has returned to its startup state with the goal of returning to the EVM ecosystem as a decentralized exchange. The off chain order book has a batch settlement engine that operates similarly to an optimistic sorter, but keeps all funds on the main network. In my opinion, this is the best design for PERPS today
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