Synthetix項目宣布了一項重大的收購操作，涉及分散的選項平台衍生

這一重要的戰略舉動旨在通過將衍生技術和團隊直接整合到自己的生態系統中來增強Synthetix在偏轉行業中的地位。

The Synthetix project has announced a significant acquisition operation involving the decentralized options platform Derive, through a token swap valued at approximately 27 million dollars.

Synthetix項目宣布了一項重大的收購操作，涉及分散的期權平台通過價值約為2700萬美元的令牌互換來得出。

This important strategic move aims to strengthen Synthetix’s position in the DeFi sector by integrating Derive’s technology and team directly into its own ecosystem.

這一重要的戰略舉動旨在通過將衍生技術和團隊直接整合到自己的生態系統中來增強Synthetix在偏轉行業中的地位。

The acquisition Synthetix-Derive: details and strategy

收購Synthetix-derive：詳細信息和策略

On May 14, Synthetix published the official proposal to acquire Derive, a DeFi project originally born within its own ecosystem.

5月14日，Synthetix發表了官方提案，以獲取衍生產品，這是一個最初出生在其自己的生態系統中的Defi項目。

Currently, this proposal is being evaluated by the two governance bodies: the Spartan Council of Synthetix and the governance system of Derive, before moving on to execution.

目前，這項提案正在由兩個治理機構進行評估：Synthetix的斯巴達委員會和派生的治理體系，然後繼續執行。

According to the SIP-415 proposal, the acquisition will be realized through a token swap mechanism with a ratio of 27 to 1: that is, for every 27 DRV tokens, holders will receive 1 SNX token. These new SNX will be subject to a 3-month lock-up period and a subsequent linear vesting of 9 months to complete the distribution.

根據SIP-415提案，將通過以27至1的比例來實現收購，即每27 DRV令牌，持有人將獲得1個SNX令牌。這些新的SNX將持續3個月的鎖定期和隨後的9個月的線性歸屬，以完成分配。

The operation involves the issuance of 29.3 million new SNX tokens, whose market value is around 27 million dollars. This additional quantity of SNX aims to adequately compensate the members of the Derive team and to ensure a functional integration within the Synthetix infrastructure.

該業務涉及2930萬新的SNX代幣的發行，其市場價值約為2700萬美元。 SNX的額外數量旨在充分補償派生團隊的成員，並確保在Synthetix基礎架構中進行功能集成。

The SNX token has already shown remarkable strength in the previous weeks, with a growth of over 45% in a few days. Currently, the price is around 0.96 dollars, approaching the one-dollar threshold and showing a 50% increase in the last month. This rally seems to be partly related to the expectations and optimism generated by the announcement of the acquisition of Derive.

SNX令牌在過去幾週內已經顯示出顯著的強度，幾天內增長了45％以上。目前，價格約為0.96美元，接近一美元的門檻，在上個月顯示50％。這次集會似乎與宣布獲取衍生產品產生的期望和樂觀有關。

The operation is not only a financial twist, but a crucial step towards the launch of a dedicated piattaforma di derivati by Synthetix. The integration will include not only the Derive team, but also the advanced technology that supports the Continuous Limit Order Book (CLOB) perpetuals with accelerated on-chain settlement.

該行動不僅是財務轉折，而且是Synthetix推出專用Piattaforma di derivati的關鍵步驟。集成不僅包括派生團隊，還包括支持連續限制訂單簿（CLOB）永久性的高級技術，並加速了鍊子結算。

Competition in the derivatives market

衍生品市場的競爭

With this new platform, Synthetix aims to position itself in direct competition with established players like Hyperliquid, Binance, Deribit, and dYdX. The ability to offer innovative derivative products with a robust infrastructure could represent a significant competitive advantage and a new frontier for the DeFi ecosystem on Ethereum.

借助這個新平台，Synthetix的目標是將自己與超流動性，binance，deribit和dydx等知名玩家進行直接競爭。提供具有強大基礎架構的創新衍生產品的能力可以代表一個巨大的競爭優勢，也代表了以太坊的Defi生態系統的新領域。

Kain Warwick, founder of Synthetix, highlighted how Derive shares a “common DNA” with Synthetix, as Derive originally began as a project called Lyra within Synthetix. The acquisition strategy is part of a broader effort of reunification of the projects born in the Synthetix ecosystem. In the past, the protocol had already taken over initiatives like Kwenta and TLX, thus consolidating a series of technologies and teams under a single governance.

Synthetix的創始人凱恩·沃里克（Kain Warwick）強調瞭如何與Synthetix分享“共同的DNA”，因為衍生產品最初是在Synthetix內的一個名為Lyra的項目開始的。收購策略是對Synthetix生態系統中出生的項目的更廣泛努力的一部分。過去，該協議已經接管了Kwenta和TLX等倡議，從而鞏固了一系列技術和團隊，這是一個政府的。

“Bringing them together unites the family and simplifies our architecture and governance and unlocks the next phase. It’s like children creating successful startups, then coming back home to join forces.”

“讓他們團結起來，簡化我們的建築和治理，並解鎖下一階段。就像孩子們創造成功的初創公司一樣，然後回到家中加入軍隊。”

The final decision on the acquisition rests with the respective decentralized governance systems. This democratic process ensures that the community of SNX and DRV holders can evaluate and approve the operation, guaranteeing transparency and active participation.

關於收購的最終決定取決於各自的分散治理系統。這一民主進程確保了SNX和DRV持有人的社區可以評估和批准操作，從而確保透明度和積極參與。

This commitment to a simplified and integrated structure promises a new phase of growth for Synthetix, capable of innovating in the field of perpetual contracts and decentralized options.

對簡化和綜合結構的這種承諾有望為Synthetix的新增長階段，能夠在永久合同和分散期權領域進行創新。

Perspectives and implications for the DeFi market

觀點和對Defi市場的影響

The acquisition of Derive by Synthetix represents a fundamental step for the maturation of the DeFi sector. Integrating advanced trading technologies and proven teams can catalyze the adoption of complex products like derivatives in decentralized environments.

Synthetix衍生的獲取代表了Defi部門成熟的基本步驟。整合先進的交易技術和驗證的團隊可以催化在分散環境中衍生產品等複雜產品的採用。

However, the details on the precise timing of the implementation and the future roadmap have not been specified in the published proposal. The community is eagerly awaiting further updates post approval.

但是，在已發表的提案中尚未指定有關實施和未來路線圖的確切時機和未來路線圖的詳細信息。批准後，社區急切地等待進一步的更新。

In this context, it is crucial that the members of the DAO continue to educate themselves and actively participate in governance discussions. Only with a shared commitment will it be possible to consolidate a DeFi platform capable of emerging in the global competitive landscape.

在這種情況下，DAO的成員繼續自我教育並積極參與治理討論至關重要。只有以共同的承諾，才有可能合併能夠在全球競爭格局中出現的Defi平台。