Getting started on Synthetix Exchange is easy, and can be done in just a few clicks. Before you begin, ensure you have everything you need:
A Wallet or Auth Method: Synthetix Exchange supports most Web3 wallets, such as Phantom or Metamask, as well as authentication with email, Google or Telegram.
Margin Collateral: You can deposit any of the supported assets on Ethereum. If you do not have assets on Ethereum yet, you can purchase them on a centralized exchange, bridge from other networks, or swap from other assets on Ethereum.
A Reliable Network Connection: Perpetual Futures are a tool for active trading. Users should ensure they are able to monitor and manage positions in a 24/7 marketplace.
Connecting Your Wallet
Begin by clicking Connect Wallet in the top-right corner of the trading interface.
Choosing an Authentication Method
When prompted, select how you’d like to log in:
Web3 Wallets: Connect directly with wallets such as MetaMask, Phantom, or Coinbase Wallet.
DynamicAuth (Google / Telegram): Log in using your Google or Telegram account. DynamicAuth will generate a new Ethereum address for you.
If you’re using DynamicAuth, click on your address in the top right after logging in and copy it down for safekeeping. You’ll need this address to fund your account.
Funding Your Wallet
Your wallet must be funded with one of the supported margin assets before creating a futures account:
USDT
sUSDe
wstETH
cbBTC
Creating a Trading Account
After your wallet is connected and funded, click Create Account in the top-right corner of the interface. This sets up your perpetual futures account, which is controlled by your wallet.
Depositing Margin
To create your trading account, you will be required to make an initial margin deposit. Following you initial margin deposit, you can
Deposited margin is immediately available for trading.
The system uses cross-margin: all margin in your account is shared across open positions and at risk if liquidation thresholds are reached.
You may add more margin at any time, even with open trades, but keep in mind liquidation can occur before additional deposits are confirmed on-chain.