iBCH (IBCH)

iBCH (IBCH) is a decentralized financial primitive that enables the creation of synthetic assets on the blockchain. It offers a range of unique derivatives and exposure to real-world assets. By leveraging the Synthetix debt pool and an innovative liquidity framework, iBCH ensures traders can access some of the best price execution with minimal slippage and fills unmatched by other platforms. The protocol is permissionless and composable, allowing users to interact with other decentralized applications seamlessly.

Synthetic assets, known as Synths, are democratically voted into existence by the community. These assets can represent various forms, such as fiat currencies, cryptocurrencies, stocks, commodities, etc. iBCH allows users to capture the price movements of popular cryptocurrencies, fiat currencies, stocks, and commodities with zero slippage. Users can stake their assets and earn rewards, trade Synths, and build on top of the Synthetix protocol, powered by iBCH.

The iBCH ecosystem comprises several platforms that leverage the deep liquidity and composability of Synthetix. These platforms include Kwenta, which offers trading with leverage and simulated liquidity for optimal price fills; Lyra, the first completely decentralized options protocol; and Thales, a Parimutuel Markets protocol for trading on price action, sports, and other events. With its wide range of use cases, iBCH is trusted by many platforms to deliver better trades, lower slippage, and unique hedging strategies.