Synthetix
Software DevelopmentNew South Wales, Australia11-50 Employees
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
Market Re-entry Synthetix's return to Ethereum mainnet after a three-year hiatus signals increased confidence in the network's scalability and stability, presenting an opportunity to offer scalable infrastructure solutions or enhanced security features to support their full-scale operations.
Growth Potential With recent surges in trading activity and fee generation reaching new records, Synthetix is experiencing a resurgence in user engagement and revenue, making it an ideal target for advanced analytics, trading tools, or liquidity management services.
Fintech Investment Having secured $20 million in funding and generating between $1 million and $10 million in revenue, Synthetix is poised for expansion, creating opportunities for financial technology partners to support new product development or ecosystem integrations.
DeFi Ecosystem Focus As a key player in the DeFi derivatives space with ambitions to lead market recovery, Synthetix could benefit from innovative DeFi protocols, cross-chain solutions, or layer-2 scaling tools to enhance performance and user experience.
Strategic Partnerships Their recent return to Ethereum enables collaboration with other Layer 1 projects and validators, providing prospects for strategic alliances, technical integrations, or co-marketing initiatives in the expanding DeFi landscape.
Synthetix uses 8 technology products and services including Matomo, jsDelivr, Ghost, and more. Explore Synthetix's tech stack below.
| Synthetix Email Formats | Percentage |
| First@synthetix.io | 50% |
| First@synthetix.io | 50% |
Software DevelopmentNew South Wales, Australia11-50 Employees
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
Synthetix has raised a total of $20M of funding over 6 rounds. Their latest funding round was raised on Mar 20, 2023 in the amount of $20M.
Synthetix's revenue is estimated to be in the range of $1M$10M
Synthetix has raised a total of $20M of funding over 6 rounds. Their latest funding round was raised on Mar 20, 2023 in the amount of $20M.
Synthetix's revenue is estimated to be in the range of $1M$10M