Table of Contents
- SynthCrypto ECX - Symbol : hECX
- This token is a SynthCrypto ECX, it derives its pricing from a composite global pricing of ETC in USD in real time with all transactions occurring on-chain on Pecu Novus. They sit in a liquidity pool w/ USXM tokens and are used for speculative purposes, hedging and risk management.
- What is a SynthCrypto
- A SynthCrypto, also known as a Synthetic Cryptocurrency, is a digital asset that tracks the price of another asset, such as a digital assets and real-world assets. Synths are created and traded on decentralized exchanges (DEXes) such as HootDex.
- SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. For example, a trader could use a SynthCrypto to trade on the price of a cryptocurrency without having to actually own the cryptocurrency. Or, an investor could use a SynthCrypto to hedge against the price of a real world asset. Learn more here.
- Here are some of the benefits of using SynthCryptos
- Access to a wider range of assets: SynthCryptos allow users to trade and invest in a wider range of assets than would be possible with traditional cryptocurrencies. For example, users can trade on the price of real-world assets without having to actually own those assets.
- Transparency: SynthCryptos are typically backed by collateral that is deposited into a smart contract. This makes SynthCryptos more transparent than some other types of digital assets.
- Flexibility: SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. This makes SynthCryptos a versatile asset class.
- VIEW ALL TOKENS
- LATEST CRYPTO & FINANCIAL NEWS
#
SynthCrypto ECX – Symbol : hECX #
This token is a SynthCrypto ECX, it derives its pricing from a composite global pricing of ETC in USD in real time with all transactions occurring on-chain on Pecu Novus. They sit in a liquidity pool w/ USXM tokens and are used for speculative purposes, hedging and risk management. #
What is a SynthCrypto #
A SynthCrypto, also known as a Synthetic Cryptocurrency, is a digital asset that tracks the price of another asset, such as a digital assets and real-world assets. Synths are created and traded on decentralized exchanges (DEXes) such as HootDex. #
SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. For example, a trader could use a SynthCrypto to trade on the price of a cryptocurrency without having to actually own the cryptocurrency. Or, an investor could use a SynthCrypto to hedge against the price of a real world asset. Learn more here. #
Here are some of the benefits of using SynthCryptos #
-
Access to a wider range of assets: SynthCryptos allow users to trade and invest in a wider range of assets than would be possible with traditional cryptocurrencies. For example, users can trade on the price of real-world assets without having to actually own those assets. #
-
Transparency: SynthCryptos are typically backed by collateral that is deposited into a smart contract. This makes SynthCryptos more transparent than some other types of digital assets. #
-
Flexibility: SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. This makes SynthCryptos a versatile asset class. #
VIEW ALL TOKENS #
LATEST CRYPTO & FINANCIAL NEWS #
- Trump-linked WLFI invests $10M in Falcon Finance for stablecoin development
- Ripple’s Schwartz defends low XRPL volume, says banks settle offchain
- Stablecoins add $4B, Bitcoin exchange reserves below 15%: July in charts
- Japan’s crypto tax overhaul: What investors should know in 2025
- Twenty One Capital eyes Bitcoin-backed USD loans: Report
- JPMorgan to allow crypto purchases with Coinbase
- Ethereum at 10: The top corporate ETH holders as Wall Street eyes crypto
- Ethereum turns 10: Here’s how its booms and busts shaped history
- ‘Wall Street on a blockchain’ isn’t tokenization endgame: Kraken exec
- $3 price at risk? Why XRP was one of the worst performers this week
- Hong Kong to begin 6-month transition period for new stablecoin rules
- DOJ is not probing Dragonfly over Tornado Cash ties, exec says
- Indonesia raises taxes on crypto exchange sales and miners
- Bitcoin in limbo: Watch these BTC price levels to watch ahead of FOMC
- Crypto token unlocks may halve to $3B in August; SUI, FTN top list
- 7% dip or $141K breakout? Bitcoin speculators dictate BTC price targets
- Altseason on horizon amid liquidity surge, regulatory clarity: Sygnum
- AML Bitcoin founder gets 7 years in prison for crypto fraud
- Bank of Korea to launch virtual asset committee to monitor crypto
- Kraken seeks $500M at $15B valuation ahead of rumoured 2026 IPO: Report
