Standards and Improvement Proposals
Tracks Synthetix Improvement Proposals (SIPs) and Synthetix Configuration Change Proposals (SCCPs) that define core protocol behavior, including V3 pool-and-vault architecture standards, perps market mechanics, collateral onboarding rules, and oracle integration specifications. Builders and integrators monitor this group to understand how proposed changes will alter smart contract interfaces, risk parameters, and system composability before they reach on-chain execution.
SIP Lifecycle and Governance Process
Defines the canonical process for Synthetix Improvement Proposals from draft to implementation, including Spartan Council review, voting thresholds, and the distinct paths for SIPs versus SCCPs. Integrators and governance participants need this to understand how protocol logic changes are proposed, debated, and finalized before on-chain execution.
SCCP Lifecycle and Parameter Change Process
Details the lightweight governance track for Synthetix Configuration Change Proposals, which adjust mutable system parameters like fees, collateral ratios, and inflation rates without full contract upgrades. Risk managers and protocol operators monitor this process to anticipate and respond to live economic policy shifts.
V3 Pool-and-Vault Architecture Standards
Tracks the foundational SIPs that define the V3 system's separation of market logic from collateral management, account-based positions, and the pool-and-vault model. Builders and auditors need this specification to understand core smart contract interfaces, composability rules, and the trust assumptions of the current system era.
Perps V3 Market Mechanics and Keeper Standards
Focuses on the SIPs and SCCPs governing perpetual futures markets, including funding rate calculations, liquidation parameters, keeper incentive structures, and order settlement logic. Trading firms and risk teams rely on this page to assess market integrity, build liquidation bots, and model protocol behavior under volatility.
Collateral Onboarding and Risk Parameter Standards
Documents the formal process and technical standards for proposing, evaluating, and integrating new collateral types into the V3 system. Covers required SIPs, oracle dependencies, and risk parameter frameworks, serving as a guide for projects seeking asset inclusion and for risk assessors evaluating systemic exposure.
Oracle Integration and Price Feed Specifications
Details the standards for integrating oracle networks like Chainlink and Pyth into Synthetix markets, including price aggregation logic, staleness thresholds, and node-level data delivery requirements. Critical for assessing the liveness and manipulation resistance of any market, and for teams planning oracle migrations.
Cross-Chain Deployment and Messaging Standards
Covers the SIPs defining how the V3 system is deployed and synchronized across Ethereum, Optimism, and future chains. Addresses standards for cross-chain governance execution, unified liquidity, and messaging interfaces, which is essential for integrators building multi-chain front-ends or arbitrage systems.
Debt Pool, Staking, and Hedging Specifications
Tracks the evolution of the shared debt pool model, including SIPs that alter staking mechanics, debt issuance, hedging strategies, and debt distribution calculations. This is the core economic specification for SNX stakers and protocol economists analyzing systemic solvency and staking risk.
Liquidation Engine and Keeper Interface Standards
Documents the technical standards for the V3 liquidation process, including keeper interface requirements, grace periods, and auction mechanisms. Keeper network operators and protocol health monitors use this page to build robust liquidation infrastructure and assess systemic risk.
Router and Proxy Contract Interface Standards
Tracks SIPs that modify the Synthetix router and proxy architecture, which serve as the main entry points for all integrations. Developers reference this page to understand breaking changes in function signatures, event schemas, and contract addresses that require front-end and smart contract updates.
Tokenomics, Inflation, and Fee-Sharing Standards
Focuses on SIPs and SCCPs governing inflationary monetary policy, including SNX supply schedules, staking reward distribution, and fee-sharing mechanisms. Investors and analysts model long-term protocol sustainability and token value based on the standards tracked here.
Governance Meta-Standards and Council Rules
Covers SIPs that define the governance process itself, such as changes to Spartan Council voting power, proposal thresholds, timelock rules, and the meta-governance framework for treasury assets. This is the constitutional layer for protocol stakeholders assessing governance capture risk.
Atomic Swaps and Cross-Chain Synth Teleporters
Tracks the standards for atomic exchange functionality and cross-chain synth transfers that bypass traditional waiting periods. Arbitrageurs and cross-chain DeFi protocols depend on these technical specifications for capital-efficient mechanisms and integration planning.
Spot Synth and Wrapper Contract Standards
Documents the SIPs governing the creation, management, and wrapping/unwrapping of spot synths like sUSD and sETH. Covers fee structures, minting limits, and technical interfaces for protocols that integrate spot synthetic assets directly, including exchange and custody teams.