Synthetix 2026 roadmap: All trading revenue will be used to buy back SNX and sUSD, and plans to restore sUSD peg in Q2

Foresight News reports that Synthetix has released its 2026 roadmap, aiming to establish the protocol as the preferred perpetual contract trading venue on the Ethereum mainnet. Synthetix stated that the core architecture rebuild was completed in 2025, including the launch of mainnet CLOB perpetual contracts, the acquisition of Kwenta and TLX to unify the frontend, and the implementation of SIP-420 delegated staking. According to the 2026 plan, Synthetix will initiate buybacks in the first quarter, with all trading revenue used to buy back SNX and sUSD (50% each), targeting the restoration of sUSD peg by the end of the second quarter.

Additionally, Synthetix plans to launch a multi-collateral feature in April, supporting users to use assets such as ETH and cbBTC as margin. In the second quarter, Basis Trade Vaults and the public version of Synthetix Liquidity Pool (SLP) will go live. Regarding asset classes, the commodity market is scheduled to open in April, and the forex market will launch in June. Starting from the second half of 2026, sUSD will transition into a decentralized stablecoin supported by delta-hedged crypto collateral. Synthetix will also introduce an esports-style trading competition called "Synthetix Teams" and continue to optimize advanced order features such as limit orders.