Synthetix (Sydney)

Synthetix (Sydney)

Phone Number & Contact Info

No official phone number is provided. There is no public or customer support hotline. All engagements—developer inquiries, partnerships, press—are expected via digital channels like email or website forms.

About & Synthetix (Sydney)

A decentralized derivatives liquidity protocol, enabling synthetic assets, perpetual futures, and options. Founded in 2017, it’s an integral part of Australia’s DeFi landscape.

  • Founded: Originally launched as Havven in 2017, based in Sydney, New South Wales, and rebranded to Synthetix thereafter.

  • What It Does:
    A pioneering decentralized synthetic asset issuance protocol, enabling on-chain exposure to a wide range of financial instruments—including fiat currencies, cryptocurrencies, commodities, stocks, and indices—through tokenized “Synths”.

  • How It Works:
    Users stake SNX tokens as collateral (often at 300%+ collateralization), mint Synths (e.g., sUSD), and swap assets efficiently via the protocol. Synth exchanges occur directly through smart contracts—no intermediaries—avoiding liquidity issues common on DEXs.

  • Tech & Ecosystem:
    Built on Ethereum and Optimism, Synthetix powers decentralized trading via UIs like Kwenta, supporting perpetual futures, derivatives, and synthetic index trading

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