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I have Synths on Optimism, what can I do with them?

If you are still holding Synths on Optimism (sETH, sBTC, sLINK etc.), please note that the legacy Synth system on Optimism begins deprecation on January 31, 2026.

If you hold Synths on Ethereum Mainnet instead, see I have Synths on Ethereum Mainnet, what can I do with them?

Deprecation timeline

MilestoneDate
Last day to swap Synths on OptimismJanuary 31, 2026
Oracle price is frozen for treasury redemptionsFebruary 1, 2026
Discount applied to treasury redemptionsApril 30, 2026
Redemptions closeDecember 31, 2026

What this means

  • You can swap Synths to sUSD until January 31, 2026 using supported platforms such as:
  • Between February 1 and April 30, 2026, redemption is available through Support at a fixed, frozen oracle price.
  • From April 30 through December 31, 2026, a discount applies to redemptions.
    • The discount increases linearly at 12.5% per month of the frozen oracle price, up to 100%.
  • All Synth redemptions will end after December 31, 2026.

What you can do

  1. Confirm your wallet and network
    • Make sure your wallet is connected to Optimism.
    • Verify that the Synth balances appear on the Optimism network.
  2. Check the Deprecation timeline
    • Check the timeline above to understand which actions are currently available.
  3. Redeem or swap your Synths (before January 31, 2026)

    Swap Synths to sUSD using:

  4. If you cannot swap (after January 31, 2026)
    • Contact Support and provide your wallet address.
    • A Support agent can review your balances and advise whether redemption is still possible.