The top Synthetic Assets projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.

Synthetix
CEX-like perpetual futures on Ethereum.

usd.ai
Yield-bearing synthetic dollar for AI compute financing

Falcon Finance
Your Crypto, Your Yields

Metronome
First autonomous cross-chain cryptocurrency

Duet Protocol
Turning flat assets into sharp assets

Peapods Finance
Real yield from market volatility on any asset

Horizon Protocol
defunctTrade synthetic real-world assets on BNB Chain

neutrl
Market-neutral synthetic dollar for onchain yield

Ostium
Trade real-world assets from your wallet

UMA
Priceless DeFi contracts for universal access

Alchemix V3
Tokenized future yield, automated across chains

DEUS Finance
Decentralized derivatives marketplace for synthetic assets

Indigo Protocol
Autonomous synthetics for real-world assets on Cardano

Offshift
Private DeFi on Ethereum L1

Perlin
Tokenized real-world ecological assets for DeFi

Comdex
defunctDecentralized commodity exchange for tokenized real-world assets

Felix
Community-driven project to stop animal research

eBTC
Borrow Bitcoin at zero cost, backed by stETH

Reflect
Synthetic Currency Exchange Protocol

Youves
A platform for creating and managing synthetic assets

XSY
A Next Gen Digital Synthetic Dollar

Hermetica
Bitcoin-native synthetic dollar

Kresko
Open platform for synthetic stocks, commodities, and crypto

Synthetify
Decentralized synthetic assets exchange

TWIN Finance
Synthetic Asset Protocol

Apollon
Decentralized Finance

Poison Finance
Decentralized Multichain Synthetic Assets

SYNTHR
Cross-chain liquidity protocol

PERI Finance
Cross-chain Synthetic Assets and Derivatives Trading Protocol

Shadows
Decentralized synthetic asset issuance protocol

Tapio Protocol
Synthetic asset protocol

OpenDelta
Synthetic dollar powered by Bitcoin derivatives

Own Protocol
Synthetic stock issuance protocol

Fabric
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Citadel Labs
Decentralized fundraising platform

Delpho
Synthetic dollar

LP Finance
Synthetic asset issuance protocol

Reax
Synthetic asset protocol

zkSynth
Synthetics Protocol
CLAUBBIT
Synthetic assets with built-in leverage
Slantix
Permissionless synthetic assets with built-in leverage

Wasabi Protocol
Decentralized lending and borrowing for everyone