 Ostium is a synthetic asset protocol that enables institutional and retail traders and hedgers to gain exposure to commodities on-chain.
Ostium
|
DeFi、Derivatives、Synthetic Assets
| | Bring commodity markets on-chain | 
854
| 
135
|
 Neutrl is a high-yield synthetic dollar, leveraging OTC arbitrage strategies across altcoin markets for scalable, market-neutral returns.
neutrl
|
DeFi、Derivatives、Synthetic Assets
| -- | Synthetic dollar protocol |
371
|
126
|
 Synthetix is a decentralized platform for synthetic assets that provides on-chain exposure to real-world currencies, commodities, stocks, and indices. These synthetic assets (Synths) are backed by Synthetix Network Tokens (SNX) locked into a smart contract as collateral. The protocol also issued a stablecoin sUSD. Synths track the prices of various assets, allowing crypto-native and unbanked users to trade peer-to-contract (P2C) on Synthetix Exchange without liquidity restrictions.
Synthetix
|
DeFi、Derivatives、Synthetic Assets
| | Decentralized synthetic asset platform |
2K
|
86
|
 Reflect is a Synthetic Currency Exchange Protocol on the Solana Network. Reflect Protocol uniquely enables Delta-Neutral money from Liquid Staking Tokens. Capturing both native yield and perpetual yields to provide a high yield dollarized product to anyone around the globe at instant latency.
Reflect
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic Currency Exchange Protocol |
253
|
59
|
 Felix is a synthetic dollar protocol on Hyperliquid L1 that allows users to deposit collateral and borrow feUSD to earn income using Felix vaults.
Felix
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic dollar protocol on Hyperliquid |
454
|
45
|
 SYNTHR is a cross-chain liquidity protocol that supports a secure, zero-slip execution environment. It consists of a combination of pull and push oracles, a zero-slippage omnichain liquidity layer, and multiple independent consensus layers.
SYNTHR
|
DeFi、Derivatives、Synthetic Assets
| | Cross-chain liquidity protocol |
261
|
40
|
 XSY is building a Next Gen Digital Synthetic Dollar, $UTY, creating a structured, scalable way to unlock blockchain ecosystems dormant potential.
XSY
|
DeFi、Synthetic Assets、Stablecoin Protocol
| -- | A Next Gen Digital Synthetic Dollar |
112
|
38
|
 Tapio is a synthetic asset protocol designed to optimize liquidity fragmentation by unifying different asset formats into a highly efficient and usable standard.
Tapio Protocol
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic asset protocol |
246
|
37
|
 Synthetify is a decentralized protocol for synthetic assets based on the Solana blockchain. It enables the creation and exchange of synthetic assets that closely track the prices of their real-world counterparts. The synthetic tokens are based on the SPL-Token standard, which allows them to be easily integrated with other DeFi applications such as AMMs.
Synthetify
|
DeFi、Synthetic Assets
| | Decentralized synthetic assets exchange |
307
|
37
|
 Poison Protocol is a decentralized multichain synthetic asset issuance protocol. Synthetic Potions (pTokens) are collateralized by stablecoins such as BUSD, USDt, USDc, DAI, MIM, tUSD, FRAX, or ibTokens like cDAI, cUSDC, cUSDT, aDAI, which, when locked in the Vault Contract, enable the issuance of Potions. Synthetic Potions mimic the price behavior of real-world assets like stocks, commodities, and ETFs, and give traders around the world open access to price exposure without the implications of owning or trading real assets.
Poison Finance
|
DeFi、Derivatives、Synthetic Assets
| | Decentralized Multichain Synthetic Assets |
88
|
35
|
 Arable Protocol is a synthetic yield farming and trading platform that empowers farmers to create prosperity by enabling multi-chain yield farming on a single platform.
Arable Protocol
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic Yield Farming and Trading Platform |
84
|
35
|
 Linear Finance is a cross-chain compatible protocol that enables users to gain synthetic exposure to various assets, including cryptocurrencies, commodities, and market indices.
Linear Finance
|
DeFi、Synthetic Assets
| | Cross-chain synthetic asset protocol |
319
|
35
|
 Kresko is an open platform for synthetic stocks, commodities, and cryptocurrencies. It consists of two products: the Kresko Protocol and the Minter Application. The Kresko Protocol enables the creation of crypto-backed synthetic assets, such as krTSLA, krGold, and krQQQ, in a capital-efficient manner. The Minter App is a graphical user interface built on top of the Kresko Protocol.
Kresko
|
DeFi、Derivatives、Synthetic Assets
| | Open platform for synthetic stocks, commodities, and crypto |
146
|
34
|
 Duet is a multi-chain synthetic assets ecosystem, enabling pegged assets from various markets, including stocks, indexes, ETFs, and commodities, to be traded on Web3.
Duet Protocol
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic asset protocol |
278
|
34
|
 PERI Finance is a decentralized, cross-chain synthetic issuance and derivative exchange protocol that provides unlimited liquidity on the Polkadot network. It gives users the opportunity to access a wide range of both traditional financial and crypto assets in the form of leveraged and non-leveraged synthetic products. We empower users with lower GAS fees, speedy transactions, and ample security from front-running or flash loan attacks.
PERI Finance
|
DeFi、Derivatives、Synthetic Assets
| | Cross-chain Synthetic Assets and Derivatives Trading Protocol |
80
|
34
|
 TWIN Finance is a decentralized finance protocol on blockchain for synthetic derivatives of real-world assets. Its twin-token mechanism enables synthetic asset creation, improves capital efficiency, and reduces price risks for liquidity providers.
TWIN Finance
|
DeFi、RWA、Synthetic Assets
| | Synthetic Asset Protocol |
40
|
33
|
 KALATA is the backbone for issuing and transacting Synthetic Assets, providing everyone with a seamless experience of real-world financial assets. Additionally, KALATA is a platform for trading derivatives and offering mortgages on decentralized Synthetic Assets.
Kalata
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic asset issuance protocol |
140
|
33
|
 Youves is a platform for creating and managing synthetic assets. YOU holders have voting rights and can stake YOU tokens to receive their share of the platform's profits. The first synthetic asset on Youves was the stablecoin uUSD.
Youves
|
DeFi、Synthetic Assets
| | A platform for creating and managing synthetic assets |
44
|
33
|
 Comdex is a decentralized synthetic asset protocol built on Cosmos. It unlocks access to a vast set of commodity debt assets and liquidity, making the flow of capital from DeFi to CeFi seamless.
Comdex
|
DeFi、Derivatives、Synthetic Assets、Appchain
| | Cosmos-based decentralized synthetic asset protocol |
173
|
33
|
 Own Protocol is a permissionless synthetic stock issuance protocol. Users can mint synthetic stocks and LPs earn yield for backing these assets.
Own Protocol
|
DeFi、RWA、Synthetic Assets、Digital Securities
| | Synthetic stock issuance protocol |
26
|
32
|
 eBTC is a collateralized crypto asset soft pegged to the price of Bitcoin and built on the Ethereum network. It is backed exclusively by Lido's stETH and powered by immutable smart contracts with minimized counterparty reliance. It is designed to be the most decentralized synthetic Bitcoin in DeFi and offers the ability for anyone in the world to borrow BTC at no cost.
eBTC
|
DeFi、Lending、Synthetic Assets、Debt Marketplace
| | Collateralized Crypto Asset Protocol |
239
|
32
|
 Taiga is a synthetic asset protocol designed to unify different formats of staking and crowdloan derivatives into a highly efficient standard on Dotsama ecosystem. It is comprised of Stable Asset mechanism, as well the Stable Swap engine.
Taiga
|
DeFi、Synthetic Assets
| | Synthetic asset protocol |
45
|
32
|
 Crafting Finance is a synthetic asset issuance protocol, decentralized contract trading exchange and NFT fragmentation platform based on the Near smart contract chain. Users can also convert minted assets into other assets through the trading platform, so as to realize the purpose of shorting the asset and longing other assets.
Crafting Finance
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic asset issuance and trading protocol |
170
|
32
|
 Parasset is a next-generation, synthetic asset project incubated by NEST LABS.
Parasset
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic asset project |
62
|
32
|
 Bao Finance is a cross-chain DeFi ecosystem that adds features to existing DeFi systems. It is building innovative products such as: n- Synthetics that use LP tokens as collateral; n- Lending pools which will use LP tokens as collateral; n- An auto-balancer system that will manage a user's synthetics, futures and LP positions; n- Options, perpetual futures, margin trading and limit orders using LP tokens as collateral.
Bao Finance
|
DeFi、Derivatives、Synthetic Assets
| | Cross-chain DeFi Ecosystem |
44
|
32
|
 Metronome is a complete synthetic protocol that enables users to generate a variety of synthetics using crypto assets as collateral.
Metronome
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic asset protocol |
186
|
32
|
 Shadows is a decentralized synthetic asset issuance protocol built on Substrate. The value of these synthetic assets is underpinned by DOWS, and as long as DOWS is locked in a smart contract, synthetic assets can be issued. Shadows is a hub for issuing, trading, lending, and borrowing synthetic assets.
Shadows
|
DeFi、Derivatives、Synthetic Assets
| | Decentralized synthetic asset issuance protocol |
147
|
32
|
 Delpho is a synthetic dollar built on Hyperliquid and powered by perpetual contracts.
Delpho
|
DeFi、Synthetic Assets、Stablecoin Protocol
| | Synthetic dollar |
116
|
31
|
 OpenDelta is a delta-neutral, yield-bearing synthetic dollar powered by Bitcoin derivatives. OpenDelta’s flagship token, USDO, will retain its dollar value by hedging bitcoin (BTC) deposited by users as collateral.
OpenDelta
|
DeFi、Derivatives、Synthetic Assets
| | Synthetic dollar powered by Bitcoin derivatives |
110
|
31
|
 Porto is building Sui-native synthetic assets, starting with pUSD: the backbone of liquidity on Sui.
Porto
|
DeFi、Synthetic Assets
| | Building a Sui-native synthetic assets protocol |
32
|
31
|
