Synthetix Launches New Killer Feature, How Virtual Synth Significantly Reduces DEX Trading Slippage

On November 19 Beijing time, decentralized synthetic asset protocol Synthetix announced a new feature called Virtual Synth. According to Synthetix founder Kain Warwick's explanation, once Virtual Synth is directly integrated into AMM pools, they will be able to bridge multiple pools in a single transaction, enabling DEX aggregators like 1inch to optimize routing to execute each transaction with minimal slippage. In their testing, even accounting for Synthetix protocol fees...