Synthetix
Software DevelopmentNew South Wales, Australia11-50 Employees
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
Growing Market Presence Synthetix is actively expanding its trading functionalities, recently launching scaled orders for traders and planning new products in 2026, indicating a strong push to attract more users and increase trading volumes in the DeFi derivatives space.
Ethereum Return The company's return to Ethereum mainnet after three years, along with the Beta launch of perpetual futures, suggests a focus on leveraging Ethereum's scalability to enhance user experience and trading execution, presenting opportunities for infrastructure support and scaling solutions.
Innovative Product Development Synthetix continues to innovate by introducing features like scaled orders and laddered execution, which can attract professional traders and institutional clients seeking advanced trading tools in DeFi derivatives.
Financial Growth Potential With recent revenue estimates between 1 million and 10 million USD and a $20 million funding round, Synthetix shows solid growth potential and open investment opportunities for companies offering complementary services such as liquidity solutions, security, or user acquisition platforms.
Strategic Partnerships & Ecosystem The company's focus on improving derivatives trading and returning to core networks like Ethereum positions it well for potential collaborations with Layer 1 and Layer 2 scaling solutions, DeFi infrastructure providers, and blockchain security firms looking to expand their market footprint.
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 | 100% |
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