Synthetix launches dHedge, a decentralized asset management protocol, launched on the mainnet in September

Synthetic Assets Protocol Synthetix announced that it will launch the decentralized asset management protocol dHedge, which is currently on the Ethereum testnet, and the mainnet is expected to be launched in September. Synthetix stated that dHedge will provide synthetic asset trading without custody, using Synthetix’s slippage-free and unlimited liquidity trading model, which is also the first important project based on Synthetix’s derivatives liquidity agreement. Before going live, dHedge will conduct a testnet competition. Synthetix will provide 5000 SNX and 125,000 dHedge’s native governance token DHT as rewards. It will start on August 3 and last for two weeks.