Synthetix Mainnet

Synthetix is launching the first Ethereum Mainnet settled CLOB (Central Limit Order Book) perpetual futures exchange. This hybrid onchain-offchain architecture allows Synthetix to overcome Ethereum Mainnet's block latency and gas costs while delivering institutional-grade performance.

Architecture

  • Hybrid onchain-offchain architecture - Offchain matching engine with onchain settlement

  • Fully onchain custody - Deposits and withdrawals remain in decentralized custody

  • No bridging required - Direct Ethereum Mainnet deposits and withdrawals

  • Gasless trading - Order placement without gas costs

  • Free withdrawals - Withdrawal limits apply

Key Features

Security & Trust

  • Real Ethereum L1 Asset security - Fully onchain custody, deposits and withdrawals

  • No bridging, no rehypothecation - Direct access to Ethereum Mainnet

  • Composable with all Mainnet assets and DeFi apps with deepest liquidity and TVL

Trading Experience

  • Institutional-grade CLOB - CEX-level throughput and latency

  • Multi-collateral support with cross-margin

  • Subaccount support for portfolio management and risk isolation

  • Account data privacy - Orders and trades not publicly displayed

  • Level 2 order book data - Quantity available at each price level

Supported Collateral Types

  • sUSDe - Stablecoin collateral with yield capture

  • cbBTC - Bitcoin collateral support

  • wstETH - ETH collateral with yield earning

Launch Timeline

Target Launch: Early Q4 2025

Performance Specifications

  • 100k TPS throughput demonstrated in testing

  • Sub-50ms trade latency achieved

  • CEX-level execution performance

Why Ethereum Mainnet?

  • Unparalleled security and credible neutrality

  • Seamless composability with largest DeFi protocols

  • Over 50% of DeFi TVL maintained on Ethereum Mainnet

  • Co-located with largest and most liquid DeFi protocols (Uniswap, Curve, Aave)

  • No bridge risks or waiting for cross-chain deposits

Legacy Deployments

All legacy deployments (Optimism, Arbitrum, Base) are deprecated or in the process of being sunset as Synthetix focuses on Ethereum Mainnet.

For more detailed information, visit the official announcement.

NextLegacy & Deprecated

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