What is Synthetix?
Synthetix is a DeFi protocol for creating synthetic assets (Synths) that track the value of real-world assets like currencies, commodities, and cryptocurrencies. It enables permissionless trading of synthetic assets.
Synthetix API Features
- Real-time Synth pricing
- Trading volume data
- Collateral management
- SNX staking rewards
- Cross-asset trading
API Endpoints
/synths- List all synthetic assets/rates- Current exchange rates/debt- Global debt pool data/staking- Staking rewards info
Use Cases
- Synthetic asset trading bots
- Price tracking dashboards
- DeFi derivatives strategies
- Portfolio hedging
Related Protocols
Quick Comparison
Asset Types
Crypto, Forex, Commodities
Liquidity
High
Trading Fee
0.3%
Native Token
SNX