Synthetix (CRYPTO:SNX) is a decentralized liquidity protocol that allows users to create and trade synthetic assets, also known as synths. Synths are digital assets that track the price of real-world assets, such as stocks, commodities, and currencies, without the need to actually own those assets. Synthetix is powered by the SNX token, which is used to collateralize synths and to participate in the governance of the protocol. Synthetix's operations are focused on developing and maintaining the Synthetix protocol and on promoting the adoption of synths. Synthetix's projects include developing a new decentralized exchange, a new synthetic asset marketplace, and a new set of tools for developers. Synthetix's objectives are to create a decentralized liquidity ecosystem for synthetic assets and to make it easy for anyone to create and trade synths.