ynthetix is a decentralised finance protocol providing on-chain exposure to a wide range of crypto and non-crypto assets. The platform enables the creation of synthetic assets (synths) that mimic the value of real-world assets such as currencies, commodities, stocks, and indices. Users can trade these synths directly on the Synthetix platform without the need for traditional intermediaries. SNX, the platform’s native token, is used for collateral, governance, and staking to support the liquidity and integrity of the trading environment.