The Synthetix team announced in a tweet on Monday that it is now live on the Lens Protocol and Lenster. Lenster is a decentralized, and permissionless social media app built with the Lens Protocol. Meanwhile, Lens Protocol is a permissionless, composable, and decentralized social graph that allows developers to build web3 social platforms.
Synthetix is an Ethereum-based protocol for issuing and trading synthetic assets, including cryptocurrencies, leveraged tokens, equities, and other real-world assets. SNX, the native token of Synthetix, is up by more than 5% in the last 24 hours and is trading at $1.594 at press time.