Synthetix.Exchange provides an intuitive interface for conversions between the full range of Synths available. It provides access to a variety of synthetic forms of fiat currencies, cryptocurrencies, and commodities.
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Synthetix.Exchange provides an intuitive interface for conversions between the full range of Synths available. It provides access to a variety of synthetic forms of fiat currencies, cryptocurrencies, and commodities.
The exchange is showing unbelievable traction in terms of volume. Rumoured new Synths in the works - Tesla, FB and S&P500 stocks and Inverse XRP & TRX. SNX fee pool is showing a hockey stick growth. Founder have hinted that they are working with major lending/borrowing platform like Nexo that will allow people to borrow sUSD with ETH or vice versa. That should increase the demand for sUSD significantly, given the interest rate stablecoins are offering right now.
SNX is the most diverse stable coin out there. Once you see this platform in action, it’s hard to interact with any other.
