Key Metrics
Fees (Annualized)$16,140
Fees 30d$0
Ethereum$0
OP Mainnet$0
Fees 7d$0
Ethereum$0
OP Mainnet$0
Fees 24h$0
Ethereum$0
OP Mainnet$0
Cumulative Fees$81.34m
OP Mainnet$54.22m
Ethereum$27.12m
Revenue (Annualized)$16,140
Revenue 30d$0
Ethereum$0
OP Mainnet$0
Revenue 7d$0
Ethereum$0
OP Mainnet$0
Revenue 24h$0
Ethereum$0
OP Mainnet$0
Cumulative Revenue$81.34m
OP Mainnet$54.22m
Ethereum$27.12m
Holders Revenue (Annualized)$16,140
Holders Revenue 30d$0
Ethereum$0
OP Mainnet$0
Holders Revenue 7d$0
Ethereum$0
OP Mainnet$0
Holders Revenue 24h$0
Ethereum$0
OP Mainnet$0
Cumulative Holders Revenue$81.34m
OP Mainnet$54.22m
Ethereum$27.12m
Perp Volume 30d$0
Perp Volume 30d by chain
OP Mainnet$0
Perp Volume 7d$0
OP Mainnet$0
Perp Volume 24h$0
OP Mainnet$0
Cumulative Perp Volume$55.775b
OP Mainnet$55.775b
$0
$SNX Liquidity$2.62m
Uniswap V3$1.85m
Velodrome V2$255,697
Uniswap V2$250,988
Aerodrome V1$113,543
SushiSwap$74,371
Balancer V2$23,198
thorchain-dex$18,500
Balancer V2$12,865
SushiSwap$11,506
Uniswap V3$10,157
Total Raised$46.05m
Sep 29, 2017$250,000Round: SeedInvestors: George Burke
Mar 1, 2018$30mRound: ICOInvestors: Buck Stash, George Burke, Infinite Capital
Oct 29, 2019$3.8mRound: Investors: Framework Ventures
Dec 15, 2020$12mRound: Investors: Coinbase Ventures, Paradigm, IOSG Ventures
Protocol Information
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
Audits:
Methodology
TVL: Counts the value of all SNX staked in the 420 pool & legacy escrow contracts under stakingView code on GitHubFees: Fees generated on each synthetic asset exchange, between 0.1% and 1% (usually 0.3%)View code on GitHubRevenue: Fees paid by users and awarded to SNX stakersView code on GitHubHolders Revenue: Fees are granted proportionally to SNX stakers by automatically burning outstanding debt (note: rewards not included here can also be claimed by SNX stakers)View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Synthetix v1+v2's TVL?
Synthetix v1+v2 currently has $1,789.22 in total value locked. TVL has increased 16.4% over the past 30 days.
What chains does Synthetix v1+v2 operate on?
Synthetix v1+v2 operates on 2 chains: Ethereum and OP Mainnet. OP Mainnet holds the largest share at 70.8%.
How much has Synthetix v1+v2 generated in fees and revenue?
Over the past 30 days, Synthetix v1+v2 generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $16,140 in fees and $16,140 in revenue.
How does Synthetix v1+v2's TVL compare to similar protocols?
Among Synthetics protocols tracked by DefiLlama, Synthetix v1+v2 ranks #26 by TVL. The category holds $72.79m across 38 protocols, and Synthetix v1+v2 accounts for <0.1% of that total. Other leading protocols include Alchemix V3, Metronome Synth, Alchemix V2, Usual ETH0, Rumpel Labs, Outcome Finance, Wrap Protocol, Yam Finance, CVI Finance, and Crafting Finance.
How much perpetual futures volume does Synthetix v1+v2 process?
Synthetix v1+v2 processed $0 in perpetual futures volume over the past 30 days.
