BTC $64,139.00 -1.01% $64,139.00 ETH $1,747.12 -0.28% $1,747.12 BNB $590.91 -2.76% $590.91 SOL $71.25 -0.92% $71.25 XRP $1.17 -2.06% $1.17 DOGE $0.08 -1.62% $0.08 TRX $0.32 -0.12% $0.32 ADA $0.17 -1.58% $0.17 TON $2.22 -5.27% $2.22 SHIB $0.00 0.99% $0.00 AVAX $28.30 -0.69% $28.30 BCH $303.74 -11.53% $303.74 LINK $7.81 -3.33% $7.81 LEO $9.60 0.55% $9.60 SUI $2.65 -21.81% $2.65 DOT $7.76 1.42% $7.76 LTC $102.89 -11.81% $102.89 NEAR $3.75 1.55% $3.75 APT $8.30 -0.02% $8.30 UNI $7.05 1.65% $7.05 PEPE $0.00 2.04% $0.00 ICP $7.16 -1.35% $7.16 DAI $1.00 -0.16% $1.00 TAO $431.30 -0.26% $431.30 FET $1.18 2.73% $1.18 BTC $64,139.00 -1.01% $64,139.00 ETH $1,747.12 -0.28% $1,747.12 BNB $590.91 -2.76% $590.91 SOL $71.25 -0.92% $71.25 XRP $1.17 -2.06% $1.17 DOGE $0.08 -1.62% $0.08 TRX $0.32 -0.12% $0.32 ADA $0.17 -1.58% $0.17 TON $2.22 -5.27% $2.22 SHIB $0.00 0.99% $0.00 AVAX $28.30 -0.69% $28.30 BCH $303.74 -11.53% $303.74 LINK $7.81 -3.33% $7.81 LEO $9.60 0.55% $9.60 SUI $2.65 -21.81% $2.65 DOT $7.76 1.42% $7.76 LTC $102.89 -11.81% $102.89 NEAR $3.75 1.55% $3.75 APT $8.30 -0.02% $8.30 UNI $7.05 1.65% $7.05 PEPE $0.00 2.04% $0.00 ICP $7.16 -1.35% $7.16 DAI $1.00 -0.16% $1.00 TAO $431.30 -0.26% $431.30 FET $1.18 2.73% $1.18
Synthetix
Synthetix is a Derivatives Liquidity Protocol for derivatives trading in DeFi.
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Über Synthetix
Synthetix is a decentralized finance (DeFi) protocol that enables the creation and trading of synthetic assets, which are onchain representations of real-world assets like currencies, commodities, stocks, and indices.
It is important to crypto because it allows users to gain exposure to various assets without owning them directly.