Synthetix, a decentralized crypto derivatives marketplace, has deployed V3 of its perpetuals contracts protocol on Base, an Ethereum Layer-2 blockchain developed by Coinbase.  

Perps V3 will simplify the launching of new derivatives products on Synthetix for developers building on Base, as well as trading on Synthetix-powered exchanges like Kwenta, Polynomial, and dHEDGE, the company said in a statement.

According to Synthetix, more products for Synthetix V3 are planned to be deployed on Base in the coming months, including a new perpetual futures exchange called Infinex. 

Decentralized crypto trading still has to catch up with activity on centralized platforms, Synthetix Founder Kain Warwick said. "The problem is, we're still using centralized infrastructure for most …