Synthetix
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Decentralized Exchange (DEX) Token
About SynthetixSynthetix is a decentralized derivatives liquidity protocol that allows users to mint and trade synthetic assets ('Synths') tracking the value of real-world assets like currencies, commodities, and equities without holding the underlying asset. SNX is the protocol's native token; holders stake SNX as collateral backing the system's synthetic assets and, in return, earn a share of trading fees generated on the network. Synthetix underpins liquidity for several other DeFi derivatives platforms.
Assets Details
Access Model
PublicRedeemable
NoAttestations
NoCEX Listed
YesKYC to mint or redeem
NoTransferable
YesSelf Custody
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