Synthetix
390
Volume
+21%
Growth
peaked
About the Topic
Decentralized trading ecosystem built on the Ethereum blockchain, functioning as a derivatives liquidity protocol. It allows users to create and trade synthetic assets, which are tokenized versions of real-world assets like stocks, cryptocurrencies, and other financial instruments, through smart contracts. Synthetix primarily targets traders and investors within the decentralized finance (DeFi) space seeking on-chain exposure to various assets.
Synthetix was discovered on February 19th 2021 and it currently has a search volume of 390 with a growth of +21%.
Key Indicators
Growth
- Exploding
- Regular
- Peaked
Speed
- Exponential
- Constant
- Stationary
Seasonality
- High
- Medium
- Low
Volatility
- High
- Average
- Low
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