Synthetix is a DeFi derivatives protocol and perpetual futures exchange on Ethereum Mainnet, founded by Kain Warwick and powered by the SNX token. Synthetix's Twitter Score is 387 out of 1000 (an Excellent rating) as of August 2026, ranking #607 (top 0.5%) among 483,944 tracked accounts.
Synthetix originally launched as Havven (HAV) before evolving into an on-chain perpetuals exchange focused on Ethereum Mainnet. The protocol uses off-chain order matching with on-chain settlement, supports multi-collateral margin, and draws liquidity from SLP depositors and SNX stakers. Governance is managed by the Spartan Council, a seven-member body responsible for upgrades, parameters, and incentives. Synthetix is backed by Paradigm.
Synthetix announced Synthetix Perps on Ethereum Mainnet in December 2025, launching in private beta with Bitcoin, Ethereum, and Solana markets. The protocol's 2025 strategic changes included acquiring Kwenta and TLX, implementing delegated staking, and shifting focus to an Ethereum Mainnet central limit order book perpetuals DEX. All trading revenue was directed to SNX and sUSD buybacks split equally between the two. Synthetix also announced the deprecation of all Synths on Optimism, marking the end of its prior Optimism-based deployment. Synthetix is additionally affiliated with Infinex.
Synthetix has published 6,713 posts and has 258,541 followers as of August 2026 on the platform. Synthetix has been mentioned by 1,433 accounts a total of 5,573 times. Synthetix's portfolio includes Chamber, Synthetix Intern, Infinex, Synthetix Leverage Formerly TLX and Thalesmarketbackup.
Who follows Synthetix on X?
The accounts that follow Synthetix include 1,382 founders, 374 angel investors, 702 influencers and 70 VCs. Among them are Erik Voorhees, Ansem, Laura Shin, Stani, Chris Burniske and Andrew Kang.