Synthetix项目宣布了一项重大的收购操作，涉及分散的选项平台衍生

这一重要的战略举动旨在通过将衍生技术和团队直接整合到自己的生态系统中来增强Synthetix在偏转行业中的地位。

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项目宣布了一项重大的收购操作，涉及分散的期权平台通过价值约为2700万美元的令牌互换来得出。

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.

这一重要的战略举动旨在通过将衍生技术和团队直接整合到自己的生态系统中来增强Synthetix在偏转行业中的地位。

The acquisition Synthetix-Derive: details and strategy

收购Synthetix-derive：详细信息和策略

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发表了官方提案，以获取衍生产品，这是一个最初出生在其自己的生态系统中的Defi项目。

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，这项提案正在由两个治理机构进行评估：Synthetix的斯巴达委员会和派生的治理体系，然后继续执行。

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.

根据SIP-415提案，将通过以27至1的比例来实现收购，即每27 DRV令牌，持有人将获得1个SNX令牌。这些新的SNX将持续3个月的锁定期和随后的9个月的线性归属，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.

该业务涉及2930万新的SNX代币的发行，其市场价值约为2700万美元。 SNX的额外数量旨在充分补偿派生团队的成员，并确保在Synthetix基础架构中进行功能集成。

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令牌在过去几周内已经显示出显着的强度，几天内增长了45％以上。目前，价格约为0.96美元，接近一美元的门槛，在上个月显示50％。这次集会似乎与宣布获取衍生产品产生的期望和乐观有关。

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.

该行动不仅是财务转折，而且是Synthetix推出专用Piattaforma di derivati的关键步骤。集成不仅包括派生团队，还包括支持连续限制订单簿（CLOB）永久性的高级技术，并加速了链子结算。

Competition in the derivatives market

衍生品市场的竞争

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.

借助这个新平台，Synthetix的目标是将自己与超流动性，binance，deribit和dydx等知名玩家进行直接竞争。提供具有强大基础架构的创新衍生产品的能力可以代表一个巨大的竞争优势，也代表了以太坊的Defi生态系统的新领域。

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的创始人凯恩·沃里克（Kain Warwick）强调了如何与Synthetix分享“共同的DNA”，因为衍生产品最初是在Synthetix内的一个名为Lyra的项目开始的。收购策略是对Synthetix生态系统中出生的项目的更广泛努力的一部分。过去，该协议已经接管了Kwenta和TLX等倡议，从而巩固了一系列技术和团队，这是一个政府的。

“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.”

“让他们团结起来，简化我们的建筑和治理，并解锁下一阶段。就像孩子们创造成功的初创公司一样，然后回到家中加入军队。”

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.

关于收购的最终决定取决于各自的分散治理系统。这一民主进程确保了SNX和DRV持有人的社区可以评估和批准操作，从而确保透明度和积极参与。

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.

对简化和综合结构的这种承诺有望为Synthetix的新增长阶段，能够在永久合同和分散期权领域进行创新。

Perspectives and implications for the DeFi market

观点和对Defi市场的影响

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衍生的获取代表了Defi部门成熟的基本步骤。整合先进的交易技术和验证的团队可以催化在分散环境中衍生产品等复杂产品的采用。

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，在已发表的提案中尚未指定有关实施和未来路线图的确切时机和未来路线图的详细信息。批准后，社区急切地等待进一步的更新。

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.

在这种情况下，DAO的成员继续自我教育并积极参与治理讨论至关重要。只有以共同的承诺，才有可能合并能够在全球竞争格局中出现的Defi平台。