Synthetify

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

To obtain TVL of Synthetify we must add all colaterals which was deposited.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Synthetify's governance or utility token carries a market capitalisation of 57,7 $ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (57,7 $) is small relative to deposits secured by the protocol (25.674,3 $); a mcap/TVL multiple of 0.00× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Oct 29, 2021
   Auf DeFiLlama gelistet

Synthetify is a Synthetics protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed on Solana. The codebase has been independently audited (1 report on file).

Synthetify is a single-chain protocol, deployed exclusively on Solana — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Pyth); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (57,7 $) is small relative to TVL (25.674,3 $) — a mcap/TVL ratio of 0.00 is often read as the token being structurally undervalued versus the activity it secures.

Verified external resources for Synthetify — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Synthetify is one of 7 Synthetics protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Alchemix, Metronome Synth, Youves, and 3 more. These peer protocols collectively secure 92,3 Mio. $ in deposits, giving you a frame of reference for whether Synthetify's own TVL is at the top, middle, or tail of the category.

Alchemix

TVL 33,4 Mio. $ · 24h -0.07%

Metronome Synth

TVL 27,3 Mio. $ · 24h +0.12%

Youves

TVL 22,9 Mio. $ · 24h +0.38%

Usual ETH0

TVL 5,6 Mio. $ · 24h -0.52%

Rumpel Labs

TVL 2,2 Mio. $ · 24h +0.54%

Outcome Finance

TVL 983.019,4 $ · 24h +0.50%