Synthetix is a derivatives liquidity protocol that serves as the foundation for derivatives trading within the decentralized finance (DeFi) space. Founded in 2017 and headquartered in Australia, it has gained significant attention due to its innovative approach to derivatives trading. The latest injection of funding came in the form of a $20.00M Initial Coin Offering investment on 20 March 2023, with DWF Labs being the lead investor. This investment is a testament to the confidence that the market has in Synthetix and its potential to transform the way derivatives are traded in the DeFi ecosystem. With its robust protocol and backing from notable investors, Synthetix is well-positioned to continue its growth trajectory and further establish itself as a key player in the world of decentralized finance.
Synthetix
A derivatives liquidity protocol
Australia
19 employees
Initial Coin Offering
Total: $66.05M
Crypto, Defi +2
General Information
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Australia Market
About Synthetix
Taxonomy: DeFi, derivatives, liquidity protocol, trading, crypto, finance, investment, trading platform
Funding Rounds & Investors (6)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Initial Coin Offering | •••••• | 1 |
|
20 Mar 2023 |
| Initial Coin Offering | •••••• | 6 |
|
15 Dec 2020 |
| Venture Round | •••••• | 1 |
|
29 Oct 2019 |
| Initial Coin Offering | •••••• | 4 |
|
01 Mar 2018 |
| Seed Round | •••••• | 1 | •••• •••• | 29 Sep 2017 |
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