sBCH (SBCH)

sBCH (SBCH) is a synthetic asset on the blockchain created by Synthetix, a decentralized derivatives liquidity protocol. It allows users to gain exposure to real-world assets by offering unique derivatives. With the innovative liquidity framework and utilization of the Synthetix debt pool, traders can enjoy some of the best price execution in the market with minimal slippage and fill unavailable elsewhere.

Synthetic assets, also known as Synths, are assets the community voted into existence. These assets can represent fiat currencies, cryptocurrencies, stocks, commodities, and anything else with a price. sBCH enables users to capture the price movements of popular cryptocurrencies, fiat currencies, stocks, commodities, and more, with zero slippage.

Within the Synthetix ecosystem, various platforms are built on top of the Synthetix protocol. These include Kwenta, a trading platform that offers up to 10x leverage and simulated liquidity for optimal price fills. Other platforms include Lyra, the first completely decentralized options protocol, and Thales, a Parimutuel Markets protocol for trading on price action, sports, and other events. Many platforms leverage the deep liquidity and composability of Synthetix to provide users with better trades, lower slippage, hedging solutions, and other unique use cases.