Syndr

Syndr is an institutional-grade decentralized exchange (DEX) engineered for derivatives trading, providing a comprehensive platform for users to trade crypto options, perpetuals, and futures. Established in 2021, the company's mission is to onboard the next 100 million traders into the decentralized finance (DeFi) ecosystem by offering a high-performance, capital-efficient, and user-centric trading environment. The platform is built as a custom Layer 3 rollup on Arbitrum, a design choice that enables significant scalability, low latency, and eliminates gas fees for trading activities, creating a seamless experience comparable to centralized exchanges while retaining the non-custodial nature of DeFi.

The architecture of Syndr is designed to address common challenges in the DeFi space, such as lagging infrastructure and capital inefficiency. It features a high-performance order book for extremely low-latency trades and employs cross-margining and portfolio margining across all products to enhance capital efficiency. All trades on the platform are USD-margined, simplifying the trading process for users. Syndr also provides native support for block trading, allowing two counterparties to negotiate and execute large trades privately off the main order book, which minimizes market impact and slippage. The platform is built to be easily integrated with institutional liquidity networks and various trading tools, including automated Request for Quotes (RFQs), analytics platforms, and compliance providers, positioning itself as a key infrastructure piece for both retail and institutional participants in the evolving digital asset market. Users on Syndr always maintain full control over their funds, as the platform never takes custody of user assets.