cSynths (Synthetic Assets)

What are cSynths?

Synthetic assets that are minted using the Sumero protocol are called cSynths. cSynths are tokenised derivatives contracts that can be minted and traded using the Sumero protocol.

What is a synthetic asset?

Synthetic assets are collateral-backed tokens whose value fluctuates depending on the token's reference index.

What is an underlying asset?

Underlying assets are the financial assets upon which a derivative’s price is based.