Insights

DeFi Protocol Expansion Synthetix is solidifying its position in the DeFi space with strategic expansions, like shifting focus to Coinbase's Base network and launching multi-collateral perpetuals. This presents an opportunity to target users interested in diversified synthetic assets trading.

Tech Integrations By utilizing a tech stack that includes Ethereum, Node.js, Python, and Cloudflare CDN, Synthetix showcases a commitment to cutting-edge technology. This tech-savvy approach can be leveraged to attract clients seeking advanced, secure, and efficient software solutions.

Market Trend Alignment Synthetix's pivot to focus solely on Coinbase's Base network aligns with the market trend towards decentralized platforms. Sales teams can use this alignment to highlight the company's adaptability and market relevance to potential clients exploring DeFi solutions.

Financial Stability With a funding of $20M and revenue in the range of $0 - 10M, Synthetix demonstrates financial stability. This stability can be a reassuring factor for clients looking for long-term partnerships with a reliable and well-supported software development company.

Competitive Analysis Analyzing Synthetix in comparison to similar companies like Maker, dYdX, and Compound can provide insights into the competitive landscape of the DeFi sector. Sales professionals can leverage this analysis to highlight Synthetix's unique value propositions to potential clients seeking differentiation in the market.

Synthetix Tech Stack

Synthetix uses 8 technology products and services including Ethereum, Cloudflare CDN, Ghost, and more. Explore Synthetix's tech stack below.

  • Ethereum
    Blockchain
  • Cloudflare CDN
    Content Delivery Network
  • Ghost
    Content Management System
  • CircleCI
    Continuous Integration
  • Webpack
    Development
  • Emotion
    Javascript Frameworks
  • Node.js
    Programming Languages
  • Python
    Programming Languages

Media & News

Synthetix's Email Address Formats

Synthetix uses at least 1 format(s):
Synthetix Email FormatsExamplePercentage
First@synthetix.ioJohn@synthetix.io
50%
First@synthetix.ioJohn@synthetix.io
50%

Frequently Asked Questions

Where is Synthetix's headquarters located?

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Synthetix's main headquarters is located at 23 Hickson Road Sydney, NSW 2000 AU. The company has employees across 4 continents, including OceaniaNorth AmericaEurope.

What is Synthetix's stock symbol?

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Synthetix is a publicly traded company; the company's stock symbol is SNXUSD.

What is Synthetix's official website and social media links?

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Synthetix's official website is synthetix.io and has social profiles on LinkedIn.

How much revenue does Synthetix generate?

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As of September 2024, Synthetix's annual revenue reached $1.8M.

What is Synthetix's NAICS code?

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Synthetix's NAICS code is 5112 - Software Publishers.

How many employees does Synthetix have currently?

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As of September 2024, Synthetix has approximately 20 employees across 4 continents, including OceaniaNorth AmericaEurope. Key team members include Head Of Public Relations: R. R.Founder: K. E.Marketing Manager: A. T.. Explore Synthetix's employee directory with LeadIQ.

What industry does Synthetix belong to?

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Synthetix operates in the Software Development industry.

What technology does Synthetix use?

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Synthetix's tech stack includes EthereumCloudflare CDNGhostCircleCIWebpackEmotionNode.jsPython.

What is Synthetix's email format?

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Synthetix's email format typically follows the pattern of . Find more Synthetix email formats with LeadIQ.

How much funding has Synthetix raised to date?

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As of September 2024, Synthetix has raised $20M in funding. The last funding round occurred on Mar 20, 2023 for $20M.

When was Synthetix founded?

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Synthetix was founded in 2017.
Synthetix

Synthetix

Software DevelopmentNew South Wales, Australia11-50 Employees

Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.

Section iconCompany Overview

Headquarters
23 Hickson Road Sydney, NSW 2000 AU
Stock Symbol
SNXUSD
NAICS Code
5112 - Software Publishers
Founded
2017
Employees
11-50

Section iconFunding & Financials

  • $20M

    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.

  • $10M

    Synthetix's revenue is in the range of $10M

Section iconFunding & Financials

  • $20M

    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.

  • $10M

    Synthetix's revenue is in the range of $10M

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