Synthetix

SynthetixSNX

Decentralized synthetic asset platform

About Synthetix

Founded

2017

Address

Australia

Community

Synthetix is a decentralized platform for synthetic assets that provides on-chain exposure to real-world currencies, commodities, stocks, and indices. These synthetic assets (Synths) are backed by Synthetix Network Tokens (SNX) locked into a smart contract as collateral. Synths track the prices of various assets, allowing crypto-native and unbanked users to trade peer-to-contract (P2C) on Synthetix Exchange without liquidity restrictions.

Team Members

Kain Warwick
Kain WarwickFounder
Jordan Momtazi
Jordan MomtaziCore Contributor
Afif Bandak
Afif BandakContributor

Investors

DWF LabsDWF Labs
Coinbase VenturesCoinbase Ventures
ParadigmParadigm
IOSG VenturesIOSG Ventures

Fundrasing details

Funding RoundAmountValuation
Date
Investors
OTC
$20.00M
--
2023-03-19
DWF LabsDWF Labs
OTC
$12.00M
--
2021-02-13
Coinbase VenturesCoinbase Ventures
ParadigmParadigm
+ 1
ICO
$30.00M
--
2018-02-28
--

Subsidiary Organizations

Infinex
Infinex
Crypto app designed for humans