That s why its crucial to verify that smart contracts even from famous defi companies the many concerns of defi as per cryptoslate data on defi tokens the crypto sub sector accounts for over 11 billion cumulatively with a tiny sector dominance of just 3 8.
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What s next for snx.
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Although snx has already seen a parabolic rally over the past few months the coin may have further to rally.
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In a recent podcast with jason choi of the spartan group a crypto venture and hedge fund warwick noted that synthetix s second layer scaling solution is a matter of months away.