Sphynx Labs
3 min readDec 16, 2023

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Sphynx Update 12-15-23

Hello, Sphynx Family

We hope this update finds you well as we all find ourselves right in the middle of the holiday season. It has been quite a year for crypto and the world, so we are glad you are still with us.

This year is ending on somewhat of a high note in spite of everything with BTC holding above $40k, currently 42k. ETH and BNB are holding at $2.2k and $244 respectively. Ordinals are currently all the rage, Spot BTC ETFs seem inevitable, and the future of Binance has been in question recently with the forced outing of CZ as CEO. All just the norm for a few weeks in DeFi. It would seem that we have everything for the makings of a great 2024 for crypto overall if bullish trends continue.

Most importantly, here at Sphynx we have been working non-stop to accomplish all of our 2024 goals. Recently, Tyler and Lonzo gave an update AMA to the community where the next few months were elaborated on and laid out in our intended order.

First, as many followers of the Sphynx Telegram and Twitter know, we have been onboarding a large number of call channels as partners to the Sphynx Platform. Our main goal for this is to help get the word out about Sphynx in an organic way to gain momentum going into our plans for the new year. These new partners will be offering Sphynx services to projects they work with and/or utilizing Sphynx links for calls they make in place of other competitors.

Leveraging off this momentum we are working to build with our new partners, we will be transitioning to work on the Sphynx ETH pair during the first few months of next year. We are planning a massive campaign of all different forms of marketing to make the launch of Sphynx ETH as successful as possible. This is also when the token burn will take place. In addition, we will use this time to begin CEX listings as well, the right way, with actual volume.

Looking past the ETH pair, we will be working to add full support for BTC, bringing an entirely new dimension to Sphynx and our introduction to the non-EVM world.

Even further past that, Sphynx Chain looms on the horizon. We know everyone is waiting for all the information about NV, testnet, and other information. It is just not quite the time yet, but as always, you will all be the first to know.

Somewhere within all of this, but not with a specific timeline, we are also working on many other things such as the Sphynx Trading Bot, Wallet Extension, adoption of SPay, and more. We also have other secret developments in the works that you will just have to wait and see.

We want to take this time to thank everyone for being real believers in what we are trying to do here for the last two years. Though sometimes frustrating or hard to understand, every delay, action, or inaction has been made with all of you in mind to position Sphynx where it deserves to be. Have a safe and happy holiday season, and we will see you all in the new year.

Thank you for reading. You can stay up to date by the minute by joining the Sphynx Telegram at the link below, and by following us on X.

Telegram: https://t.me/sphynxlabs
X: https://twitter.com/SphynxLabs
Linktree: https://linktr.ee/sphynxlabs

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Sphynx Labs

All-In-One Platform, Supporting 22+ Blockchains. Aggregator, Realtime Charts, Bridges, Mobile Wallet, HyperPools and much more