Synthetix is a derivatives liquidity protocol on Ethereum enabling the trading of synthetic assets. Each asset is an ERC20 token which tracks the price of an external asset including fiat currencies, cryptocurrencies, commodities, and inverse indexes. In principle, the system can support any asset with a clear price and provides on-chain exposure to an unlimited range of real-world assets. The protocol will enable a variety of trading features including binary options, futures, and more.
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