Recently, the cryptocurrency exchange OKX revealed a connection between the decentralized synthetic asset system DeSyn and its OKX Wallet. Through this integration, users of OKX Wallet should have more options to engage in decentralized finance (DeFi) activities.
DeSyn, which runs on the Ethereum blockchain, enables users to construct a variety of synthetic assets with ease and trade them in real-time market conditions. DeSyn lowers the cost of taking part in the creation and trading of synthetic assets by providing asset management services like fundraising, investment, and withdrawal.
Users of the self-custody OKX Wallet now have access to DeSyn’s pool-based synthetic asset portfolios thanks to an integration with the platform. Tokenized copies of real-world assets can be managed by users without requiring ownership, creating new opportunities for portfolio diversification.