Synthetic tokens

Overview

All synthetic assets closely track the price of specific assets assigned to them e.g. xBTC will have the same price as BTC on centralized exchanges. Synthetic assets have a form of the SPL-Token and can be freely transferred between wallets or used in other DeFi applications.

Prices of all synthetic assets are provided by decentralized oracles built on top of the Solana blockchain. Only synthetic USD (xUSD) has a static predefined value that is 1 USD.

Synthetify icons for synthetic tokens: