Ratings / DeFi

Synthetix SNX

Synthetic asset protocol underwriting derivatives via SNX-backed liquidity.

Is Synthetix legit? Synthetix alternatives
71
/ 100
Verified
Category
DeFi
Chains
Ethereum, Optimism, Base
Last reviewed
Apr 11, 2026
Next review
Jul 11, 2026
Methodology
v3.2
Lead reviewer
Marisol Chen

Score breakdown

Legal & Entity Legitimacy17/25
Security & Audit Posture18/25
Operational Track Record14/20
Financial Transparency10/15
User Outcomes12/15

Evidence

Audits
1 on file
Bug bounty
None
Multisig
No
Exploit history
Clean

Compare with peers

Synthetix vs UniswapSynthetix vs Aave v3Synthetix vs LidoSynthetix vs MakerDAOSynthetix vs CurveSynthetix vs EigenLayerSynthetix vs CompoundSynthetix vs Pendle