[Synthetix to Launch First Ethereum Mainnet Perpetual DEX in Q4] According to Jinse Finance, the synthetic asset protocol Synthetix will launch the first perpetual decentralized exchange (DEX) based on the Ethereum mainnet in Q4 2025. Traders will be able to use various assets such as Ethena's sUSDe, Lido's wstETH, and Coinbase's cbBTC as collateral for trading while earning yields simultaneously.