<ul><li>Synthetix cancels $27 million Derive acquisition deal following negative community feedback.</li><li>The proposed acquisition was intended to merge Synthetix's market presence with Derive's off-chain expertise.</li><li>Community members criticized the token exchange terms and valuation of Derive, leading to the deal's withdrawal.</li><li>Despite this setback, Synthetix remains committed to finding strategic opportunities to enhance its decentralized derivatives platform.</li></ul>

Synthetix Drops $27M Derive Deal After Community Pushback

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