Syndr Protocol
Syndr Protocol
Defi Protocol for simple, capital-efficient & Omnichain synthetic assets with sustainable liquidity.
Trade Options, Perpetuals and Power Perpetuals with high capital efficiency & low fees
Syndr Protocol
The most Capital Efficient DeFi protocol for synthetic assets.
Defi Protocol for simple, capital-efficient & Omnichain synthetic assets with sustainable liquidity.
Syndr protocol acts as an automatic market maker for facilitating swaps between all available dTokens, say swapping dBTC to dAAPL. This exchange is based on the current market price feeds for both the underlying assets. A percentage of fees is charged from traders seeking to exchange one dToken to another and distributed amongst the dToken issuers/borrowers.
Syndr is a DeFi protocol for simple, capital-efficient and omnichain synthetic assets with sustainable liquidity. Synthetic assets are tokenized derivatives engineered to simulate the price of another asset.
• Stablecoin collateral - Borrow omnichain synthetic assets against USD stablecoins
• Capital Efficiency - Borrow synthetics with an effective MCR of 92% & native system MCR of 110%.
• Omnichain - Natively bridgeable b/w all chains
• Multi-Collateral support - FRAX, DAI, LUSD, aDAI, cDAI, etc. (Pool your assets together)
• Sustainable liquidity - Syndr implements new novel antifragile mechanisms to ensure sustainable liquidity using a combination of liquidity aggregation, liquidity ownership and liquidity direction.
We are currently a small team and backed by some of the best names in the DeFi including the founders of 1inch, StakeDAO, Persistance.One, Biconomy, EPNS, Movr network, Gnosis, ClayStack, CapX and more.