DeFi Intel

Synthetix Perps V2 product

Product · PageRank 0.0022

Also known as: Perps V2

Overview

Synthetix Perps V2 is a decentralized perpetual futures exchange built on the Synthetix protocol. It enables traders to open long or short positions on synthetic assets with leverage, using the Synthetix debt pool for liquidity. Perps V2 operates without an order book, utilizing an on-chain pricing mechanism with a keeper network for order execution.

Within the DeFi Intel graph, Synthetix Perps V2 connects to 3 tracked entities, most strongly to Optimism, Synthetix, Synthetix Perps V3.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).

RelationConnected entityConfidence
deployed_onOptimism85%
launchedSynthetix85%
replaced_bySynthetix Perps V380%

Frequently asked questions

What is Synthetix Perps V2?

Synthetix Perps V2 is a decentralized perpetual futures exchange built on the Synthetix protocol, enabling traders to open long or short positions on synthetic assets with leverage using the Synthetix debt pool for liquidity.

What chain is Synthetix Perps V2 deployed on?

Synthetix Perps V2 is deployed on Optimism.

What replaced Synthetix Perps V2?

Synthetix Perps V2 was replaced by Synthetix Perps V3.