Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Nexo Reviews & Ratings
    15,878 Ratings
    Company Website
  • Zengo Wallet Reviews & Ratings
    413 Ratings
    Company Website
  • YouHodler Reviews & Ratings
    27 Ratings
  • Blockdaemon Reviews & Ratings
    2 Ratings
    Company Website
  • Site24x7 Reviews & Ratings
    717 Ratings
    Company Website
  • Uptrends Reviews & Ratings
    125 Ratings
    Company Website
  • OANDA Reviews & Ratings
    52,211 Ratings
    Company Website
  • Anvyl Reviews & Ratings
    69 Ratings
    Company Website
  • ManageEngine Log360 Reviews & Ratings
    74 Ratings
    Company Website
  • Windocks Reviews & Ratings
    6 Ratings
    Company Website

What is Synthetix?

Synthetix is a decentralized protocol for creating synthetic assets that operates on the Ethereum blockchain. These synthetic assets, referred to as Synths, are supported by the Synthetix Network Token (SNX), which enables their creation when locked in the smart contract. The system’s pooled collateral model allows users to trade Synths directly via the smart contract, removing the need for intermediaries. This forward-thinking strategy effectively tackles typical issues like liquidity and slippage that many decentralized exchanges encounter. At present, Synthetix offers synthetic versions of various fiat currencies, cryptocurrencies (both long and short), and a range of commodities. SNX holders are incentivized to stake their tokens as they receive a share of the transaction fees generated on Synthetix.Exchange, which reflects their investment in the network's ecosystem. This ability to participate in the network and earn revenue from Synth transactions enhances the inherent value of the SNX token. Importantly, traders are not required to own SNX to trade on Synthetix.Exchange, which increases accessibility for a wider range of participants. This inclusive model encourages more individuals to participate in trading activities without needing to make an initial investment in the SNX token. Consequently, Synthetix fosters a more diverse trading environment, ultimately benefiting the entire ecosystem.

What is Synth?

Access both present and past currency exchange rates along with extensive details on global stock exchanges. Furthermore, take advantage of a user-friendly logo endpoint for various payment methods. The Synth API is crafted to simplify the integration of its wide array of fintech data tools, ensuring a straightforward user experience. You can send HTTP requests using any programming language to interact with the API effortlessly. Synth provides state-of-the-art fintech APIs designed for enterprises that are tired of traditional legacy solutions. To ensure security, all production requests must go through your own backend server, which allows for the safe retrieval of your API key from environment variables or a key management service. Convert obscure bank transactions into recognizable merchant data, including logos and addresses. The API also features a comprehensive list of fiat currencies, providing essential details about each one. Real-time currency rates are updated every minute, guaranteeing that you have the most current information readily available. Additionally, Synth maintains a regularly updated directory of all supported stock tickers, making it an indispensable tool for financial analysis and insights. With its robust features, Synth empowers businesses in their quest for accurate and timely financial information.

Media

Media

Integrations Supported

1inch
1inch Wallet
Armor.Fi
C
C#
C++
CoinLedger
JSON
JavaScript
Kriptomat
Ledger Nano X
Objective-C
PHP
Python
Token Terminal
Ubeswap
YouHodler
vfat.tools

Integrations Supported

1inch
1inch Wallet
Armor.Fi
C
C#
C++
CoinLedger
JSON
JavaScript
Kriptomat
Ledger Nano X
Objective-C
PHP
Python
Token Terminal
Ubeswap
YouHodler
vfat.tools

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$10 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Synthetix

Date Founded

2017

Company Location

Australia

Company Website

synthetix.io

Company Facts

Organization Name

Synth

Company Website

synthfinance.com

Categories and Features

Popular Alternatives

Popular Alternatives

Injective Reviews & Ratings

Injective

Injective Labs
Cream Reviews & Ratings

Cream

C.R.E.A.M. Finance