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Synthetix develops and maintains a decentralized synthetic asset protocol built on Ethereum. This platform allows users to mint and trade various synthetic assets, known as Synths, which track the price of real-world assets or other cryptocurrencies. The protocol enables sophisticated financial instruments, including leveraged tokens, within a permissionless DeFi ecosystem.
Updated 2 months ago
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- Synthetix develops and maintains a decentralized synthetic asset protocol built on Ethereum. This platform allows users to mint and trade various synthetic assets, known as Synths, which track the price of real-world assets or other cryptocurrencies. The protocol enables sophisticated financial instruments, including leveraged tokens, within a permissionless DeFi ecosystem.