Synthetix
Software DevelopmentNew South Wales, Australia11-50 Employees
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
Growing DeFi Presence Synthetix's recent return to the Ethereum mainnet after three years on Layer 2 demonstrates a strategic focus on scaling and performance improvements, presenting opportunities to collaborate on high-performance decentralized derivatives trading solutions.
Innovative Product Roadmap With plans for token buybacks and the introduction of new trading products in 2026, Synthetix is actively expanding its offerings, signaling potential for partnership in developing or integrating innovative DeFi derivatives and liquidity solutions.
Market Momentum The 27% rally in SNX token value and increased trading volume indicate strong market interest and user engagement, highlighting opportunities to provide tools or services that enhance trading experience and liquidity management.
Capital and Resources With a funding of $20 million and revenue estimates between $1 million and $10 million, Synthetix is positioned for growth, offering prospects for investment or collaborative ventures in DeFi infrastructure and protocol development.
Niche Focus on Derivatives As a liquidity protocol specializing in derivatives, Synthetix presents a strategic avenue for companies offering analytics, risk management, or integrations tailored to derivatives trading to expand product offerings and reach targeted DeFi markets.
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 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