Indigo Protocol (CRYPTO:INDY) is a decentralized synthetics protocol on Cardano that allows users to create and trade synthetic assets, known as iAssets, which track the price of real-world assets. Users can gain exposure to real-world assets without having to purchase or hold the underlying assets themselves. Indigo Protocol is still under development, but it has already attracted a number of users and projects. Some of the key features of Indigo Protocol include decentralization, transparency, and efficiency. The objective of Indigo Protocol is to provide users with a decentralized and transparent way to create and trade synthetic assets.