
Synthetix v1+v2
available
TL;DR
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
Dossier
## Overview Synthetix is a decentralized derivatives protocol that enables users to trade synthetic assets representing commodities, currencies, stocks, and cryptocurrencies without requiring direct ownership or centralized counterparties. The protocol operates on Optimism and Ethereum, providing on-chain derivatives liquidity through an innovative pooled-liquidity model rather than traditional order books or AMM designs. The protocol exists to solve a fundamental problem in DeFi: accessing derivative markets—futures, shorts, and leveraged exposure—while maintaining composability with other sm
