Synthetix
Software DevelopmentAustralia11-50 Employees
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
Innovative DEX Launch Synthetix is set to introduce its first perpetual decentralized exchange on the Ethereum mainnet in Q4 2025, signaling opportunities to collaborate on trading infrastructure, liquidity solutions, and platform integrations tailored for sophisticated DeFi traders.
Regulatory Challenges The company faces ongoing regulatory scrutiny in South Korea, which may impact international expansion strategies. Business opportunities could involve providing compliance solutions or localized market entry support to mitigate regulatory risks.
Funding and Growth Potential With a recent funding round of 20 million dollars and a lean team of up to 50 employees, Synthetix demonstrates growth potential that could benefit from strategic partnerships in marketing, technical development, and ecosystem expansion to accelerate market adoption.
Market Dynamics and Competition Given Synthetix's participation in competitive DeFi markets alongside platforms like Maker and dYdX, there are opportunities to pitch complementary services such as liquidity management tools, analytics solutions, or integrations that enhance its synthetic asset offerings.
Technical and Developer Focus The company's tech stack includes advanced blockchain and cloud infrastructure, making it a prime candidate for enterprise software solutions, security services, or developer tools that streamline deployment and improve platform resilience for DeFi derivatives trading.
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 DevelopmentAustralia11-50 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