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BTC $66,971.00 -2.91% $66,971.00 ETH $1,874.29 -5.08% $1,874.29 BNB $635.03 -6.02% $635.03 SOL $75.06 -4.81% $75.06 XRP $1.23 -2.30% $1.23 DOGE $0.09 -4.69% $0.09 TRX $0.33 -2.33% $0.33 ADA $0.22 -3.35% $0.22 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 $8.51 -3.57% $8.51 LEO $10.10 0.48% $10.10 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 $66,971.00 -2.91% $66,971.00 ETH $1,874.29 -5.08% $1,874.29 BNB $635.03 -6.02% $635.03 SOL $75.06 -4.81% $75.06 XRP $1.23 -2.30% $1.23 DOGE $0.09 -4.69% $0.09 TRX $0.33 -2.33% $0.33 ADA $0.22 -3.35% $0.22 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 $8.51 -3.57% $8.51 LEO $10.10 0.48% $10.10 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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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.