Synthetix has announced the approval of STP-17 and STP-18, allowing Synthetix Perps to be brought to Solana and Sui. STP-17 focuses on the SUI Perps Working Group, while STP-18 pertains to the Solana Perps Working Group. These working groups are reportedly already working to introduce Synthetix Perps on these new chains.

Sui has confirmed this development by sharing the announcement on X, hailing it as breaking news and indicating that Synthetix is now expanding onto its network. Sui expresses confidence in this development, labeling Sui/Move as a promising contender for the future growth of perps trading. They are committed to enhancing DevEx tooling and providing a seamless user experience to improve the onboarding process.

Further details regarding the release and implementation of STP-17 and STP-18 will be announced soon.

While this announcement has generated optimism within the respective communities, it has yet to reflect in the native tokens' sentiment. SUI has experienced an 8.13% decline in the last 24 hours, trading at $1.78 at the time of drafting this article. SNX has dropped by 7.08% in the same timeframe, priced at $4.13 currently. SOL has retraced to approximately $181, marking an 8.04% decrease within a day.

Synthetix recently revealed its plans to integrate with Arbitrum following the approval of SIP-367 by Synthetix Governance. This move enables the community to provide liquidity and prepare for Perps V3.

The deployment plan outlines a phased rollout, starting with pre-launch preparation deployment, where the team will assess risks and analyze differences between existing deployments in the ecosystem and Arbitrum. This will be followed by the beta launch, deploying Synthetix V3 Omnibus on the network to activate LP deposits and stablecoin minting.

Meanwhile, Sui is supporting the CTF (Capture the Flag) security challenge, offering 3,888 SUI tokens to the top three teams. This challenge is organized in collaboration with Zellic and OtterSec.

Solana has gained CoinTracker's support for its transactions, facilitating the categorization of transactions without manual intervention. Additionally, Solana is welcoming submissions for the Solana Renaissance Hackathon as the event enters its final stage.

The collaboration between Synthetix, Sui, and Solana marks a significant moment, signaling potential partnerships on the horizon that redefine innovation. The approval of two proposals, STP-17 and STP-18, by the community opens the door for Synthetix Perps to enter the ecosystems of Sui and Solana, respectively, paving the way for further innovation and the integration of new chains.