> For the complete documentation index, see [llms.txt](https://staking-synthetixio.gitbook.io/us/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://staking-synthetixio.gitbook.io/us/synthetix-or-synthetix-docs-collection.md).

# Synthetix | Synthetix Docs Collection

Synthetix price is $1.66, a change of -7.24% over the past 24 hours as of 3:12 p.m. The recent price action in Synthetix left the tokens market capitalization at $543.17M. So far this year ...

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**Synthetix** is a decentralized liquidity provisioning protocol built on Ethereum and Optimistic Ethereum (a layer two scaling solution built on Ethereum). Synthetic assets, and associated