Ostium is a synthetic asset protocol that enables institutional and retail traders and hedgers to gain exposure to commodities on-chain.

Felix is a synthetic dollar protocol on Hyperliquid L1 that allows users to deposit collateral and borrow feUSD to earn income using Felix vaults.

Avantis is an oracle-based synthetic derivatives protocol where users can trade crypto and real world assets with up to 100x leverage, and earn yield as a market-maker by providing USDC liquidity.

Reflect is a Synthetic Currency Exchange Protocol on the Solana Network. Reflect Protocol uniquely enables Delta-Neutral money from Liquid Staking Tokens. Capturing both native yield and perpetual yields to provide a high yield dollarized product to anyone around the globe at instant latency.

SYNTHR is a cross-chain liquidity protocol that supports a secure, zero-slip execution environment. It consists of a combination of pull and push oracles, a zero-slippage omnichain liquidity layer, and multiple independent consensus layers.

Synthetix is a decentralized platform for synthetic assets that provides on-chain exposure to real-world currencies, commodities, stocks, and indices. These synthetic assets (Synths) are backed by Synthetix Network Tokens (SNX) locked into a smart contract as collateral. The protocol also issued a stablecoin sUSD. Synths track the prices of various assets, allowing crypto-native and unbanked users to trade peer-to-contract (P2C) on Synthetix Exchange without liquidity restrictions.

Parity is a synthetic restaking protocol platform that generates more returns through synthetic yield and dynamic allocation.

Neutrl is a high-yield synthetic dollar, leveraging OTC arbitrage strategies across altcoin markets for scalable, market-neutral returns.

OpenDelta is a delta-neutral, yield-bearing synthetic dollar powered by Bitcoin derivatives. OpenDelta’s flagship token, USDO, will retain its dollar value by hedging bitcoin (BTC) deposited by users as collateral.

Citadel Labs is a decentralized fundraising platform that invests in philanthropy, patent tokens, and scientific research ventures.

Taiga is a synthetic asset protocol designed to unify different formats of staking and crowdloan derivatives into a highly efficient standard on Dotsama ecosystem. It is comprised of Stable Asset mechanism, as well the Stable Swap engine.

zkSynth is a Synthetics Protocol that enables user to create and trade synthetic assets that track the price of any real-world asset, such as stocks, commodities, currencies, and more.

Metronome is a complete synthetic protocol that enables users to generate a variety of synthetics using crypto assets as collateral.

Indigo is a decentralized non-custodial synthetic assets protocol built for Cardano. Using smart contracts, Indigo allows users to create fully collateralized synthetic assets known within the protocol as iAssets.

Zest Protocol is an aggregation protocol for synthetic tokens, enabling participants to speculate on the price of assets without actually owning the underlying asset.

Comdex is a decentralized synthetic asset protocol built on Cosmos. It unlocks access to a vast set of commodity debt assets and liquidity, making the flow of capital from DeFi to CeFi seamless.

Parasset is a next-generation, synthetic asset project incubated by NEST LABS.

Bao Finance is a cross-chain DeFi ecosystem that adds features to existing DeFi systems. It is building innovative products such as: - Synthetics that use LP tokens as collateral; - Lending pools which will use LP tokens as collateral; - An auto-balancer system that will manage a user's synthetics, futures and LP positions; - Options, perpetual futures, margin trading and limit orders using LP tokens as collateral.

LP Finance is a synthetic asset issuance protocol on Solana. Users can deposit collateral to earn interest, and borrow or mint synthetics interest-free.

Tapio is a synthetic asset protocol designed to optimize liquidity fragmentation by unifying different asset formats into a highly efficient and usable standard.

Crafting Finance is a synthetic asset issuance protocol, decentralized contract trading exchange and NFT fragmentation platform based on the Near smart contract chain. Users can also convert minted assets into other assets through the trading platform, so as to realize the purpose of shorting the asset and longing other assets.

eBTC is a collateralized crypto asset soft pegged to the price of Bitcoin and built on the Ethereum network. It is backed exclusively by Lido's stETH and powered by immutable smart contracts with minimized counterparty reliance. It is designed to be the most decentralized synthetic Bitcoin in DeFi and offers the ability for anyone in the world to borrow BTC at no cost.

Poison Protocol is a decentralized multichain synthetic asset issuance protocol. Synthetic Potions (pTokens) are collateralized by stablecoins such as BUSD, USDt, USDc, DAI, MIM, tUSD, FRAX, or ibTokens like cDAI, cUSDC, cUSDT, aDAI, which, when locked in the Vault Contract, enable the issuance of Potions. Synthetic Potions mimic the price behavior of real-world assets like stocks, commodities, and ETFs, and give traders around the world open access to price exposure without the implications of owning or trading real assets.

Reax is a trustless synthetic asset issuance and trading protocol that enables users to trade without slippage on chain. Offering trustless creation of synthetic assets through shared debt pools, and trading on-chain without slippage. Reax is focused on providing low risk, low fee synthetics framework, with maximum capital efficiency that expands the limits of DeFi.

Duet is a multi-chain synthetic assets ecosystem, enabling pegged assets from various markets, including stocks, indexes, ETFs, and commodities, to be traded on Web3.

Youves is a platform for creating and managing synthetic assets. YOU holders have voting rights and can stake YOU tokens to receive their share of the platform's profits. The first synthetic asset on Youves was the stablecoin uUSD.

Synthetify is a decentralized protocol for synthetic assets based on the Solana blockchain. It enables the creation and exchange of synthetic assets that closely track the prices of their real-world counterparts. The synthetic tokens are based on the SPL-Token standard, which allows them to be easily integrated with other DeFi applications such as AMMs.

PERI Finance is a decentralized, cross-chain synthetic issuance and derivative exchange protocol that provides unlimited liquidity on the Polkadot network. It gives users the opportunity to access a wide range of both traditional financial and crypto assets in the form of leveraged and non-leveraged synthetic products. We empower users with lower GAS fees, speedy transactions, and ample security from front-running or flash loan attacks.

Linear Finance is a cross-chain compatible protocol that enables users to gain synthetic exposure to various assets, including cryptocurrencies, commodities, and market indices.

Injera is a synthetic dollar protocol built on Injective that provides a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated instrument. Injera's synthetic dollar, USDi, provides the crypto-native, scalable solution for money achieved in a 2-pronged approach.