Thursday, March 19, 2026
No Result
View All Result
Bitcoin News Update
Advertisement
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Ethereum
    • Altcoin
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Web3
  • DeFi
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Ethereum
    • Altcoin
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Web3
  • DeFi
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
Marketcap
Bitcoin News Update
No Result
View All Result

8 Week Extension for sUSD on Infinex

by Bitcoin News Update
March 16, 2026
in DeFi
Reading Time: 2 mins read
0 0
0
Home DeFi
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


As perps on mainnet enters the public launch phase and Synthetix core contributors fine tune the SLP vault, rewards have been extended for 8 weeks! This incentive program rewards users for holding sUSD in Infinex, aiding in peg stability, and giving users a productive way to deploy their sUSD while public liquidity and basis trading vaults prepare to open.

From March 13th, 2026, until May 8thth, 2026, Infinex users who deposit sUSD will be eligible to earn ETH, SNX, and INX rewards! Whether you already have sUSD deposited or are looking to start earning, here are the latest rewards and prizes for depositors:

How to Participate

From March 13th, 2025, at 00:01 UTC, for 8 weeks, sUSD depositors and holders on Infinex will earn a pro-rata share of 10,000 SNX tokens every week. Rewards accrue continuously and are distributed weekly.

SNX Rewards

Yields will vary based on the total value of sUSD deposits and the price of SNX. You can follow current deposits on the Infinex TVL dashboard.

To qualify for SNX rewards, Infinex users must hold a minimum of 1,000 sUSD deposit on the last day of the week.

Weekly Prize Raffle

Additionally, every week Synthetix will draw 5 prize winners who will receive the following prizes:

1st winner – 1 ETH2nd winner – 100,000 INX3rd winner – 100,000 INX4th winner – 2,000 SNX5th winner – 1,000 SNX

Participants will receive one raffle entry per each 1,000 sUSD on their Infinex account, meaning that a user with:

1,000 sUSD will get 1 entry1,800 sUSD will still get 1 entry10,000 sUSD will get 10 entries1,000,000 sUSD will get 1,000 entries

How to Join

Getting started is easy. Follow these steps to begin earning rewards:

Create an Infinex Account: Head to Infinex.xyz to create your account or log in.Deposit sUSD: Transfer sUSD into your Infinex Account on either Ethereum or Optimism, or Swidge any asset to sUSD.Earn Rewards: OP rewards will be sent to your Infinex Account each week.

About Synthetix

Synthetix is the first decentralized perpetual futures protocol built on Ethereum Mainnet, powered by the SNX token. Synthetix Mainnet offers offchain order matching on a high-performance central limit order book with onchain settlement on Ethereum, the world’s most secure smart contract platform.

About Infinex

Infinex is a new kind of crypto app that provides access to onchain protocols, services, and applications. It is non-custodial, using a novel security architecture centered around onchain smart accounts and passkeys. Infinex is designed to replace centralized platforms as the primary point of interaction for crypto users.

Need more info?

See Infinex Support for detailed instructions on account creation and more. For information about sUSD, see the Synthetix Help Center.

Follow Synthetix as we usher in perps on Ethereum Mainnet. 

Join the conversation: discord.gg/synthetixSubscribe to Telegram: t.me/+v80TVt0BJN80Y2YxFollow on X: x.com/synthetix



Source link

Tags: ExtensionInfinexsUSDWeek
Previous Post

Crypto’s CLARITY Act May Miss 2026 Window Without April Action

Next Post

Bitcoin Price Climbs Again — Bulls Aim for New Monthly High

Related Posts

PayQuicker Partners with Avalara to Launch New Tax Reporting Solution
DeFi

PayQuicker Partners with Avalara to Launch New Tax Reporting Solution

March 18, 2026
What BVNK’s Report Reveals About How Consumers Are Using Stablecoins
DeFi

What BVNK’s Report Reveals About How Consumers Are Using Stablecoins

March 16, 2026
Napier Unveils Insights AI to Enhance AML Screening
DeFi

Napier Unveils Insights AI to Enhance AML Screening

March 16, 2026
Ramp Acquires Guest and Travel Expense Company Juno
DeFi

Ramp Acquires Guest and Travel Expense Company Juno

March 16, 2026
Synthetix 2026 Roadmap
DeFi

Synthetix 2026 Roadmap

March 13, 2026
Bold Women in Crypto Driving Web3’s Next Growth Phase
DeFi

Bold Women in Crypto Driving Web3’s Next Growth Phase

March 9, 2026
Next Post
Bitcoin Price Climbs Again — Bulls Aim for New Monthly High

Bitcoin Price Climbs Again — Bulls Aim for New Monthly High

Ethereum Price Rockets Above ,200 as Bulls Tighten Market Control

Ethereum Price Rockets Above $2,200 as Bulls Tighten Market Control

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

World markets by TradingView
Facebook Twitter Instagram Youtube RSS
Bitcoin News Update

Your trusted source for breaking Bitcoin news and live crypto prices. Bitcoin News Updates keeps you informed and ahead of the market curve.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

LATEST UPDATES

  • Zoomex Strengthens Liquidity Infrastructure to Meet Growing Demand from AI Trading Systems
  • What Is Cardano (ADA)? How it Works, Use Cases, & Future Outlook
  • Grayscale Doubles Down On Ethereum: $44.6M Staked In Fresh ETH Allocation

Copyright © 2026 Bitcoin News Update.
Bitcoin News Update is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$70,066.00-5.34%
  • ethereumEthereum(ETH)$2,159.63-6.92%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.45-4.51%
  • binancecoinBNB(BNB)$644.27-4.45%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$89.18-5.28%
  • tronTRON(TRX)$0.3028990.22%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.64%
  • dogecoinDogecoin(DOGE)$0.094229-5.60%
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Ethereum
    • Altcoin
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Web3
  • DeFi
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert

Copyright © 2026 Bitcoin News Update.
Bitcoin News Update is not responsible for the content of external sites.