About Synthetix
Synthetix is a DeFi trading and staking protocol built around perpetual futures on Ethereum Mainnet. The platform combines offchain order matching with onchain custody, aiming to deliver faster execution while keeping user assets on Ethereum.
Traders can access perpetual markets with multicollateral margin, including assets such as ETH, wstETH, cbBTC, USDT, and sUSDe. The site also describes a liquidity provider pool where users can deposit sUSD to earn returns from spreads, fees, and liquidations.
Beyond trading, Synthetix includes staking features for SNX and sUSD, along with user docs, developer docs, governance, and stats pages. The overall product is positioned as a mainnet-first derivatives venue for users who want DeFi composability and self-custody.
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