Synthetix
Software DevelopmentNew South Wales, Australia11-50 Employees
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
DeFi Expansion Synthetix is expanding its presence in the DeFi space with recent launches on Optimism's Superchain and Arbitrum, creating opportunities for collaboration with DeFi-focused entities looking to enhance liquidity and trading experiences.
Liquidity Protocol Integration The integration of Synthetix with prominent industry players like Fireblocks Inc. signifies a focus on strengthening security measures and custody solutions. This presents sales opportunities for companies seeking robust infrastructure for digital asset management.
Innovative Tech Stack With a tech stack comprising tools like CircleCI, React, and Node.js, Synthetix showcases a commitment to innovative technologies. This signals potential partnerships with tech firms aiming to leverage cutting-edge solutions for software development and blockchain projects.
Competitive Positioning Synthetix's position as a key player in the DeFi ecosystem alongside similar companies like Maker, dYdX, and Compound highlights its competitive strength. This positioning opens doors for collaborative ventures, especially in areas where Synthetix excels or complements its competitors.
Funding and Revenue Potential With a funding of $20M and revenue in the range of $0-10M, Synthetix demonstrates financial stability and growth potential. This financial health positions the company as a viable partner for investment opportunities, collaborations, and tailored solutions.
Synthetix uses 8 technology products and services including Google Analytics, Cloudflare CDN, CircleCI, 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 in the range of $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 in the range of $10M