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Synthetix Perps

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Category: Derivatives

Description

Synthetix Perps is a perpetual futures trading exchange with hybrid onchain-offchain architecture deploying Central Limit Order Book infrastructure on Ethereum Mainnet. The system processes order matching offchain through ultra-low latency engines while maintaining onchain custody of deposited collateral. Users post multicollateral margin to trade perpetual contracts with leverage. The protocol provides infinite liquidity through smart contract-based counterparty model eliminating traditional order book constraints.