Users stake SNX (Synthetix Network Token) as collateral to mint Synths at an over-collateralized ratio (typically around 600–750%)With TapGeminiZebPay.
These Synths can then be traded using Synthetix’s peer-to-contract (P2C) model, bypassing traditional order books.
Systems like Kwenta enable synth trading with deep liquidity and minimal slippage.
Synthetic assets are priced using decentralized oracles such as Chainlink.