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Synthetic FTT, with ticker XFTT, is a decentralized synthetic assets exchange built on the Solana blockchain. Offering ultimate trading experiences, users can buy, trade, and make money through this platform. The exchange supports various assets, allowing users to use their favorite assets as collaterals or create synthetic versions of them, including Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), Solana (SOL), FTX Token (FTT), stSOL, Avalanche (AVAX), and the US Dollar.
Synthetic FTT leverages the Solana blockchain infrastructure to provide instant transactions with sub-second settlement time. The platform relies on the reliable price oracles provided by the Pyth network, which aggregates price updates from trusted sources. Synthetic FTT is a decentralized platform that grants users access to a wide range of synthetic stocks, cryptocurrencies, and other assets without restrictions. By being a layer-one solution on Solana, it offers easy integration into leading applications like Serum.
Users of Synthetic FTT benefit from its user-friendly interface, allowing access on any device, including laptops, tablets, and phones. The platform follows a non-custodial model, ensuring that users retain full ownership of their assets and synthetic assets. As the ecosystem of derivative assets grows, Synthetic FTT provides statistics to track the volume, collaterals, and synthetics in its platform. Leading venture capital investors back the project, and users can stay updated through the blog, governance decisions, and the community channels available, including Discord, Twitter, Telegram, and Github.
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