Synthetix Leverage Formerly TLX is a discontinued non-custodial leveraged-token protocol that was acquired by Synthetix and rebranded as Synthetix Leveraged Tokens. Synthetix Leverage Formerly TLX's Twitter Score is 12 out of 1000 as of August 2026, ranking #79,786 among 483,944 tracked accounts.
Synthetix Leverage Formerly TLX originally operated as a permissionless platform issuing ERC-20 leveraged tokens that represented leveraged perpetual-futures positions, automatically rebalanced, and required no margin management from holders. The protocol's underlying positions were built on Synthetix Perps V2, with user margin denominated in sUSD and the SNX debt pool acting as counterparty to minted leveraged tokens. Leveraged tokens were deployed on Base and Optimism, both of which have since been discontinued, with holders airdropped the value of their portfolios and minting disabled.
Synthetix Leverage Formerly TLX previously partnered with Chainlink, using Chainlink Automation as its primary keeper to monitor prices and trigger rebalances. The protocol's native governance token, $TLX, had its total supply reduced from 100 million to 70 million through a burn of 30 million tokens. An official migration interface offered conversion of TLX into SNX at a rate of 18:1, with distribution during May 2025 alongside an additional 700,000 USDC distribution. Synthetix Leverage Formerly TLX has 2,445 followers as of August 2026 and has published 334 posts. It has been mentioned by 31 accounts a total of 81 times.
Who follows Synthetix Leverage Formerly TLX on X?
The accounts that follow Synthetix Leverage Formerly TLX include 39 founders, 15 angel investors, 33 influencers and 3 VCs, among them Loomdart, 0xMaki, Notsofast, Synthetix, Nairolf and Pyth Network.