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Synthetix is the name of a decentralized, synthetic-asset exchange. “Synthetics,” on the other hand, are financial instruments that simulate other instruments. They play a big role in the world of traditional finance. And this is what the company, Synthetix, aims to bring to the world of decentralized finance (DeFi).
This year, some of the biggest developments in the cryptocurrency industry have been due to the uptick in decentralized finance (DeFi) platforms, offering many of the same services as the legacy financial institutions, but on-chain. This is why we are now breaking down the top 10 DeFi platforms according to the Defi Pulse listing.
Crypto derivatives are beginning to make some serious noise. A whole new asset class is emerging in the blockchain space, and the crypto derivatives market is taking the industry by storm. An entirely new generation of investors is gaining access to investment opportunities that were difficult to participate in before crypto.
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Are you interested in learning more about cryptocurrencies and blockchain? Good, on the Moralis Academy blockchain blog our experts cover everything there is to know about blockchain – from investing strategies to educational content. There is something for everyone here at Moralis Academy. We have over 500 informational articles that you can easily browse through with our added filters. Switch from DeFi, NFTs, and cryptocurrencies instantly or just use the search bar and find a specific article. Don’t be surprised by our constant inflow of crypto news as we cover the whole industry. We upload new content on a daily basis as the blockchain industry is continuously evolving. With us, you’ll always be ahead of the competition.
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Whether it’s Ethereum news, Bitcoin news, or new altcoins, Moralis Acadamy is here to write about it. We cover everything from the top 10 list but also most of the lower market cap coins as well. The rankings are changing almost all the time with some having their own blockchain and different functions. It can be hard to monitor every corner of the crypto space but we at Moralis Academy make it easy for you. With just a click of a button, you can subscribe to our blog and get the latest posts sent to your email, and you don’t have to worry about staying up to date. If you feel that you gained something from our content, feel free to share the article and be part of growing the community together with Moralis Academy.