Providing Liquidity on Synthetix

Synthetix Mainnet is powered by a combination of market makers, stakers, and liquidity providers that ensure deep liquidity and robust backing for all trading activity.

• SLP (Synthetix Liquidity Provider): The community-operated market making vault that backs all perps markets on Synthetix Mainnet. Anyone can deposit to SLP and share in exchange revenues.

• SNX Staking: Both sUSD and the SLP vault are ultimately backed by the SNX token, providing the base layer of security for the system. Learn how to stake SNX in How to Stake SNX.

• sUSD LPing and Incentives: sUSD is a central asset on Synthetix Mainnet, and incentivized LPing and deposits are available on Ethereum Mainnet.

Together, these components form the foundation of liquidity and stability on Synthetix Mainnet.

Synthetix Mainnet is coming in 2025. Early deposits for SLP are now available alongside SNX staking and sUSD LP incentives.