Synthetix

Synthetix

Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains.
Distributed

Description

Stake for Rewards: Sleep easy earning yield without the risk of liquidation. No active management needed - simply deposit and earn. Synthetix smart contracts mint sUSD against staked SNX to farm yield across DeFi. You stay in control of your funds and can unstake at any moment. The New Synthetix Exchange: Maintain exposure to your favorite assets with tBTC, wstETH, USDe, and more collateral options. Enhanced speed with no-signature trade execution. In-app bridging and swapping to streamline portfolio management. Provide Liquidity and Earn Rewards: Gain exposure to traders' PnL, earn fees, and promote seamless trading on derivatives markets. Integrations with the most secure borrow-lend protocol like Aave help you earn boosted yields. Synthetix liquidity providers have earned $8M in rewards over the past year. Launch your Own Derivatives App with Synthetix: Build scalable and reliable DeFi platforms faster with high-performance, decentralized infrastructure—no complex server management needed. Get access to deep liquidity for smooth trading for your derivatives app. Deploy quickly with our SDKs and APIs, seamlessly building and managing DeFi infrastructure to drive growth and maximize rewards. Receive white-glove support for personalized assistance and seamless DeFi implementation.

Grant Funding

VC Funding

OP
2017
2018
2019
2020

$10M

$46M