Synthetix
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Synthetix is a Derivatives Liquidity Protocol for derivatives trading in DeFi.
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About 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.
