Synthetix
Perps on Mainnet
Synthetix has $65.8M in recorded funding across 4 rounds.
- Business Model
- B2C
- Website
- synthetix.io
- Total Funding
- $65.8M
- Last Round
- $20.0M Growth EquityMar 2023
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 4 funding rounds and 4 investors for this company. The full record is or through the API.
About
Synthetix is a decentralized perpetual futures protocol built on Ethereum Mainnet. It uses a hybrid design with off-chain order matching on a high-performance CLOB and on-chain settlement to deliver low latency, deep liquidity, and MEV-resistant execution while keeping custody and finality on Ethereum. Traders can post ETH and USDT as margin, use market, limit, stop-loss, take-profit, scaled, and TWAP orders, and never leave Ethereum Mainnet to deposit, trade, or withdraw. SNX is the native utility and governance token; trading fees fund SNX buybacks, and holders govern the protocol through on-chain voting.
Summary
Synthetix is a Crypto & Web3 company. It has raised $65.8M in total across 4 rounds, most recently a $20.0M Growth Equity round in Mar 2023. Investors include DWF Labs, Coinbase Ventures and Paradigm.
Tech & App Stack
10 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Mar 2023
Sign up to see all 4 events
Funding: Equity Crowdfunding through Growth Equity. Amounts, valuations, and investors where available.
Investors
Similar Companies
Regulated institutional-grade cryptocurrency exchange offering spot trading for Bitcoin, Ethereum...
FTX provides field service management and asset management solutions.
Blockchain-based prediction market platform allowing users to trade on the outcomes of real-world...
Enterprise-grade digital asset infrastructure platform enabling fintechs, banks, and payment prov...
Appears in
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/synthetix"><img src="https://indexed.vc/api/badge/company/synthetix" alt="Synthetix on Indexed.vc" width="260" height="76" /></a>