What is SYMMIO?
Protocol Introduction
Symmio is a trustless hybrid (combining on and offchain) clearing house acting as communication, settlement & clearing layer for permissionless derivatives; without relying on traditional liquidity pools or order books. Instead of trading against a pool, you trade directly against professional market makers (called solvers) who lock up collateral to guarantee the trade. It's peer-to-peer derivatives, settled on-chain.
For Crypto Natives:
Symmio is to Derivatives, what Celestia is for Rollups.
Celestia and Eigenlayer enable Rollups as a Service (RaaS) Symmio offers “Derivatives as a Service” (DaaS)
DaaS can be used by exchanges or "Subnets" to create a derivatives trading protocol without any technical implementation work or liquidity onboarding; Symmio and its partners take care of everything. Several 3rd parties are already running their own exchanges using our DaaS (https://intentx.io, https://based.markets, https://thena.fi, https://morphex.trade) on several blockchains, including on BNB.
We are currently generating $1 Billion in monthly volume with over $10 Billion in total volume (source: https://analytics.symm.io) .
Symmio takes a settlement fee from all subnets that settle on Symmio. The fees generated from settlement flow 100% back to SYMM stakers.
In this open ecosystem, actors (integration partners (protocol/exchanges), liquidity providers (MMs), oracles, clearing operators and traders) can collaborate and compete for the best prices and solutions, driving feature innovation and cost efficiency.
What makes SYMMIO different?
No liquidity pools. Trades are bilateral agreements between you and a solver. No slippage from pool mechanics, no liquidity fragmentation.
Any asset, any direction. Solvers can create markets for anything with a price feed — crypto, stocks, commodities, FX, even prediction markets. The protocol doesn't limit what can be traded.
On-chain settlement, off-chain speed. Quotes and pricing happen off-chain for speed. Settlement and collateral are fully on-chain for security.
Permissionless. Anyone can build a frontend. Anyone can become a solver. The protocol is the shared infrastructure underneath.
The Gateway to OTC derivatives
Symmio allows anyone to permissionlessly issue and trade any asset with infinite leverage, in every direction. The only DeFi primitive this industry needs. For example through our engine solvers can create:
List of potential Assets
Cryptocurrency Futures / Perpetuals / Options, Stocks & Equities
Low-Cap Perpetuals, Bonds, Yield-Swaps, Low-Cap Options
Forward Rate Swaps, Commodities, Volatility Indices, Real Estate Indexes
FX Pairs, Inflation-Protected Assets, Basket Indices
ETFs, Options, Carbon Credits, Weather Markets
Energy Contracts, Macroeconomic Indicators, Credit Default Swaps
NFT Floor Prices, IPO Exposure, Metaverse Land Parcels, Prediction Markets
Election Outcomes, Sporting Events
Or any other asset not listed here, with any possible price function.
Who uses Symmio?
Traders access Symmio through frontends like IntentX, Thena, Based Markets, and others. You don't interact with Symmio directly — you use an exchange built on top of it.
Frontends (exchanges) build trading interfaces on Symmio's infrastructure. They handle UX, branding, and user acquisition while Symmio handles settlement.
Solvers provide liquidity by taking the other side of trades. They're professional market makers who hedge risk externally and compete to offer the best prices.
Last updated
