Synthetix
Software DevelopmentAustralia11-50 Employees
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
Growing Market Engagement Synthetix is experiencing increased trading activity, especially with recent fee records and a significant influx of over 100 traders, signaling strong market interest and a potential need for advanced trading tools and liquidity solutions.
Bullish Price Trends The recent 25% price increase and inflow of $57 million indicate heightened investor interest, making Synthetix a promising partner for funding, marketing, or technology collaborations aimed at capitalizing on the bullish momentum.
Expansion Opportunities With upcoming platform launches like its perpetual futures trading platform, Synthetix is positioned for growth, opening opportunities for sales of API integrations, analytics tools, or platform support services tailored to DeFi trading ecosystems.
Strategic Funding Positioning Having secured $20 million in funding despite modest revenues suggests that Synthetix is preparing for expansion, which could benefit from sales of scaling solutions, enterprise integrations, or strategic technology partnerships.
Market Trend Alignment Synthetix aligns with rising DeFi and altcoin trends, providing opportunities to offer marketing, education, or community engagement solutions to support their growth in a rapidly expanding decentralized finance 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 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