Synthetix
OverviewSuggest Edit
Synthetix is a company that provides cryptocurrency management services. It enables the creation of on-chain synthetic assets, including dollars pegged to fiat currencies, metals, and indices. Synthetix' synthetic assets are backed by a network of SNX holders around the world.
| Type | Private | |
| Founded | 2017 | |
| HQ | Millers Point, AU | Map |
| Website | synthetix.io |
Recent NewsAll News
- European AI-Powered Chatbots Report 2020-2021 Featuring CM.com (CX Company), Creative Virtual, inConcert, & Synthetix
- Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix
- Brent Crude Oil Futures Now Tradable on DeFi Exchange Synthetix
- First Ethereum Based Donor-Advised Fund Provider Launched By Investors In Chainlink And Synthetix
Latest Updates
| Employees (est.) (Sept 2021) | 28 | (-6%) |
| Cybersecurity rating | A | More |
Key People/Management at Synthetix
Kain Warwick
Founder
Justin J. Moses
CTO
Jordan Momtazi
VP Partnerships
Synthetix Office Locations
Synthetix has an office in Millers Point
Millers Point, AU (HQ)
23 Hickson Rd
Synthetix Financials and Metrics
Summary Metrics
Founding Date | 2017 |
Synthetix total Funding | $12 m |
Synthetix latest funding size | $12 m |
Time since last funding | 7 months ago |
Synthetix investors | Paradigm, Coinbase Ventures, IOSG |
Synthetix's latest funding round in February 2021 was reported to be $12 m. In total, Synthetix has raised $12 m
Synthetix Cybersecurity Score
Synthetix Online and Social Media Presence
155.32k Twitter followers
Synthetix has 155.32k Twitter Followers. The number of followers has increased 5.1% month over month and increased 25.9% quarter over quarter
Synthetix's Trends
Twitter Engagement Stats for @synthetix_io
2.5k
Tweets
156
Following
155.3k
Followers
25
Tweets last 30 days
54.7
Avg. likes per Tweet
100%
Tweets with engagement
Synthetix News and Updates
March 09, 2021
European AI-Powered Chatbots Report 2020-2021 Featuring CM.com (CX Company), Creative Virtual, inConcert, & Synthetix
Dublin, March 09, 2021 (GLOBE NEWSWIRE) -- The "AI-Powered Chatbots Boosting the European CX Management Market, 2020" report has been added to ResearchAndMarkets.com's offering.
January 15, 2021
Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix
A potential fix for Ethereum's costly congestion problems.
November 12, 2020
Brent Crude Oil Futures Now Tradable on DeFi Exchange Synthetix
One of two global oil benchmarks, Brent Crude Futures are now available through DeFi exchange Synthetix.
October 05, 2020
First Ethereum Based Donor-Advised Fund Provider Launched By Investors In Chainlink And Synthetix
Endaoment, the first project incubated out of Framework Venture's sister technology studio Framework Labs, is a non-profit provider of donor-advised funds (DAFs) on the Ethereum blockchain launching publicly today.
August 27, 2020
Public Blockchain Investors Behind Chainlink And Synthetix Raise $8 Million For Startup Crypto Technology Laboratory
Public blockchain investors behind Chainlink and Synthetix raise $8 million for startup crypto technology laboratory to power decentralized development.
May 18, 2020
Trading Contest on Synthetix Aims to Showcase Speed of New DEX Tech
Synthetix is putting over $40,000 in crypto on the line to entice users to try out the faster beta of its decentralized exchange (DEX).
Synthetix Blogs
September 15, 2021
The Wezen Release
In the next 24 hours (September 16, ~10:00 UTC), a number of synths will be deprecated as communicated previously. With SIP-174 now implemented, synth deprecations will be a much simpler and smoother process than in the past (see here for more details). During this release, there will be no
September 14, 2021
The Mirfak Release
Later today (September 13, ~08:00 UTC), several new updates will be added to the protocol. During this release, there will be no downtime. Here's what’s included in this release:
SIP-142 - Deprecating EtherCollateral loans: Will officially deprecate old loan contracts that have already been wound
September 13, 2021
Deprecating Low Volume L1 Synths
As part of our rollout on the Optimistic Ξthereum L2, a number of synths will be deprecated on L1 and subject to a re-listing process for L2 (as per SIP-169). The synths to be deprecated include: s1INCH, sXTZ, sGOOG, sAMZN, sAAPL, sCOIN, sCOMP, sCRV, sDASH, sEOS, sETC, sFTSE, sFB,
August 28, 2021
V2x Revisited
There's a feeling I get when I look to the westLed ZeppelinA few weeks ago we wrapped up the first Core Contributor offsite since December 2019, with almost all Core Contributors from the Western Hemisphere attending. While it would have been great to get all 30+
August 10, 2021
July 2021 Monthly Update
July was another exciting month in Synthetix Land! Here are some of the highlights:Layer 2 updates The main update here is that synth exchanges went live on L2 last month! This is one of the biggest steps toward offering a more complete version of Synthetix on the Optimistic Ξ
July 29, 2021
Synth Exchanges are Live on L2!
After much anticipation, synth exchanges are now live on the Optimistic Ξthereum L2! Head on over to Kwenta now to give it a try! In this initial testing phase, exchanges will be enabled for sUSD, sBTC, sETH, and sLINK. This release is part of a continual phased rollout of
Synthetix Frequently Asked Questions
When was Synthetix founded?
Synthetix was founded in 2017.
Who are Synthetix key executives?
Synthetix's key executives are Kain Warwick, Justin J. Moses and Jordan Momtazi.
How many employees does Synthetix have?
Synthetix has 28 employees.
Who are Synthetix competitors?
Competitors of Synthetix include Hummingbot, Stably and Efficient Frontier.
Where is Synthetix headquarters?
Synthetix headquarters is located at 23 Hickson Rd, Millers Point.
Where are Synthetix offices?
Synthetix has an office in Millers Point.
How many offices does Synthetix have?
Synthetix has 1 office.
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