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Cryptocurrencies: 22109
Exchanges: 630
Market Cap: $$3.05T
24h Vol: $191.94B
Dominance: BTC: 59.4% ETH: 12.5%
ETH Gas: 29 Gwei
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Synthetix allows the creation of synthetic assets pegged to any cryptocurrency, real world asset, index, etc. iADA is a synthetic asset issued by Synthetix. The price of Cardano (ADA) is tracked backwards through the oracle machine, and Cardano can be shorted by simply buying iADA.