A Synthetic Asset On The Ethereum Blockchain
Synthetix (SNX) is a decentralized finance (DeFi) protocol built on the Ethereum blockchain that allows users to create and trade synthetic assets, also known as “synths.” These synthetic assets replicate the value of various real-world assets like fiat currencies, cryptocurrencies, commodities, and stocks. Synthetix operates a decentralized exchange (DEX) called Synthetix.Exchange, where users […]
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