Synthetic USD (XUSD) is a decentralized synthetic assets exchange built on the Solana blockchain, offering users the ultimate trading experience. The platform allows users to buy, trade, and make money using their favorite assets as collaterals or by creating synthetic versions of them. With its instant transactions and sub-second settlement time, Synthetify leverages the Solana blockchain to provide a new dimension of synthetic assets trading.
Synthetify ensures reliability through its integration with Pyth network, which constantly updates prices aggregated from the most trusted parties. The platform offers decentralized access to synthetic stocks, cryptocurrencies, and other assets without any restrictions. As a layer-one solution, Synthetify takes the composability of DeFi to the next level, allowing easy integration into leading applications like Serum. It is also user-friendly, supporting use on any device and ensuring non-custodial ownership of assets.
Within Synthetify, users can track the growing ecosystem of derivative assets, monitor volume, collaterals, and synthetic values. The platform is backed by leading venture capital investors and offers a range of resources including tutorials, blog updates, and a governance structure where users can contribute to the future development of Synthetify. Privacy policies, a whitepaper, FAQs, and a security audit report are also available to provide transparency and assurance to users.