Base Quickstart
Last updated
Last updated
Synthetix V3 consists of multiple systems, deployed via an omnibus on Base and other chains.
Synthetix's core system holds collateral and manages liquidity provisioning for the deployment. It issues an account NFT to liquidity providers and a stablecoin used by traders.
There is a spot market used to wrap USDC into synthetic USDC (for LPs) and this can be "sold" into the stablecoin. All of these exchanges happen 1:1. Additional types of collateral may be introduced in the future.
The issues an account NFT to traders.
All of the systems integrate with the oracle manager to assess the value of collateral and derivatives.
To start a local node with running with the same configuration as the Base deployment and retrieve the addresses/ABIs:
If you are interested in building bots or scripts to trade perps using the Python SDK, check out the playground or read the docs.
You can retrieve the addresses and ABIs for the Synthetix deployment on Base and call functions using viem as follows: