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Account Managers

Last updated: Jul 7, 2026

Account Managers allow a wallet to manage and trade using a Synthetix account owned by another wallet.

This is particularly useful for smart contract wallets, such as Gnosis Safe, where the owner wallet retains custody of funds while a separate wallet performs account management and trading activities.

By separating custody from trading, Account Managers provide additional security and operational flexibility.

How Account Managers Work

The owner wallet remains the owner of the account and retains custody of the deposited funds.

A separate wallet can then be granted Account Manager permissions to operate the account.

RoleDescription
Owner WalletOwns the account and holds custody of funds
Manager WalletManages the account and performs trading activities

The manager wallet does not become the owner of the account.

Before You Begin

Before adding an Account Manager, you will need:

  • A supported smart contract wallet, such as Gnosis Safe.
  • A Synthetix account created using the owner wallet.
  • Funds deposited into the Synthetix account by the owner wallet.
  • A separate wallet to act as the Account Manager.

How to Create a Manager Account

1. Create a Safe Wallet

If you do not already have a Gnosis Safe wallet, please follow the official Safe guide:

Creating a Safe on a Web Browser

Once your Safe wallet has been created, return to this guide to connect it to Synthetix.

2. Connect Your Smart Contract Wallet

  1. Click Connect Wallet.
  2. Select WalletConnect.
Click Connect Wallet in the top right, then choose WalletConnect from the login modal to start pairing your smart contract wallet.
  1. Copy the QR URI.
  2. Open Gnosis Safe and select the Safe you want to use as the owner wallet.
  3. Click WalletConnect in the top-right corner.
  4. Paste the QR URI.
In Gnosis Safe, open WalletConnect from the top-right corner, then paste the QR URI into the pairing code field to connect your Safe as the owner wallet.
  1. Approve the connection request from Synthetix Exchange.

3. Create a Synthetix Account

  1. Click Create Account.
  2. Enter the amount you want to deposit.
  3. Click Create Account.
Click Create Account in the header, enter your deposit amount in the Welcome modal, then confirm by clicking Create Account again.
  1. Open Gnosis Safe and approve the required transaction(s), depending on how your Safe wallet is configured.
  2. Once approved, your Synthetix account will be created and you can add an Account Manager.

4. Add an Account Manager

  1. The Authenticate window should appear. If it does not, click Authenticate on the top right.
  2. Click Add Account Manager.
Open Authenticate from the top right if needed, then click Add Account Manager in the modal to grant manager permissions to a separate wallet.
  1. Enter the wallet address of the Account Manager.
  2. Click Add Manager to confirm.
Enter the manager wallet address, review the permissions, then click Add Manager to grant account management access.

5. Connect Using the Manager Wallet

  1. Disconnect the owner wallet and connect using the manager wallet.
  2. The manager wallet can now authenticate and access the account.

Permissions

Manager wallets may:

  • Trade on behalf of the account.
  • Create sub-accounts.
  • Transfer assets between sub-accounts.
  • Withdraw funds back to the owner wallet.

Manager wallets cannot:

  • Deposit funds into the account.
  • Change account ownership.
  • Receive withdrawn funds directly.

Account Managers and Delegated Trading

Account Managers and Delegated Trading serve different purposes.

Account ManagersDelegated Trading
Operate an entire accountTrade on a specific sub-account
Commonly used with smart contract walletsCommonly used to grant trading permissions

Important Information

  • Only grant manager permissions to wallets that you trust.
  • Manager wallets can trade, create sub-accounts, transfer assets between sub-accounts, and withdraw funds back to the owner wallet.

Support

If you experience issues creating or using an Account Manager, please contact Support for assistance.