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Perp DEX review · Ethereum · 50x
SynthetixSynthetixsynthetix.io · perp DEX

Synthetix review: fees, leverage and markets

Ethereum Browser Wallet Non-custodial Crypto

Synthetix is an Ethereum perpetuals exchange with 10 crypto markets, pricing trades at 0.050% taker and 0.020% maker on its default tier.

On this pageKey numbersWhat is SynthetixPros & consvs CanborsaFAQ
SYNTHETIX · ETHEREUMLive
SynthetixSynthetixPerp DEX · Crypto
Max leverage
50x
Taker fee
0.05%
Sign-up
Browser Wallet Non-custodial
Markets10
Funding interval1h
Maker / taker0.02% / 0.05%
Compare vs Canborsa ›

Synthetix lists 10 perp markets and quotes leverage up to 50x on Ethereum. The base-tier schedule is maker 0.02% / taker 0.05% with funding 1h.

Synthetix fees · at a glance
50x
top marketMax leverage
10
perp marketsMarkets listed
0.05%
maker 0.02%Taker fee
Wallet
non-custodialSign-up
SYNTHETIX
Platform facts · at a glance
Synthetix — key factsSynthetix — key facts
Website
synthetix.io
Chain
Ethereum
Funding
1h
Status
Live

Synthetix — the key numbers

SynthetixSynthetixLivePerp DEX · Ethereum
Max leverage50x
ChainEthereum
Taker fee0.05%
Maker fee0.02%
Sign-up Browser Wallet Non-custodial
Markets10
Funding interval1h
Fee modelTiered
Native tokenSNX
How the venue works

What is Synthetix?

Synthetix is a perpetual futures exchange running on Ethereum, listing crypto markets across 10 perpetual contracts.

Fees for the default Regular User tier are 0.050% taker and 0.020% maker, calculated on the notional value of each trade and charged in USDT; rates fall as 14-day trading volume rises, reaching 0.017% taker at the top tier. Funding is charged hourly and applied automatically to a subaccount's USDT balance, based on the gap between a perpetual's mark price and its index price.

No identity verification is required to trade, though Synthetix restricts access from 20 jurisdictions. The exchange is backed by its SNX token, and its referral program pays referrers 25% of the trading fees generated by referred users, with referees getting a 5% fee discount; rewards accrue daily and can be claimed once a wallet holds at least $50.

Synthetix · platform review

Pros and cons

+Pros
+Up to 50x max leverage per the venue’s docs
+10 perp markets listed
−Cons
−20 restricted jurisdictions listed in the terms
−Identity checks can apply on this venue
Synthetix vs Canborsa

How Synthetix compares to Canborsa

SynthetixSynthetixEthereum
CanborsaCanborsaCanton Network
VS
Markets
10
86
Asset classes
Crypto
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO
Max leverage
50x
up to 30x
Fees · maker / taker
0.02% / 0.05%
0.07% / 0.07%
Funding interval
1h
1h
Sign-up
Browser Wallet Non-custodial
Browser Wallet Non-custodial

Frequently asked questions

Does Synthetix require KYC?›

No, Synthetix does not require identity verification.

What chain does Synthetix run on?›

Synthetix runs on Ethereum.

What are Synthetix's trading fees?›

The default Regular User tier pays 0.050% taker and 0.020% maker, with rates falling as 14-day volume rises, down to 0.017% taker at the top tier.

How does Synthetix's referral program work?›

Referrers earn 25% of the trading fees generated by referred users, and referees get a 5% discount on trading fees once they enter a referral code at account creation.

Does Synthetix have a token?›

Yes, Synthetix's token is SNX.

Is Synthetix available everywhere?›

No, Synthetix restricts access from 20 jurisdictions.

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What Synthetix lists
Solana (SOL)Crypto · perp›Pump.fun (PUMP)Crypto · perp›XRP (XRP)Crypto · perp›Pepe (PEPE)Crypto · perp›All 86 marketsindex›
Synthetix vs Canborsa · stocks · gold · pre-IPO

Trade what Synthetix doesn’t list — on Canborsa

86 marketsup to 30x0.07% per side
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