TLX
TLX is a permissionless leveraged tokens platform on Optimism, backed by Synthetix perpetuals.
What is TLX?
TLX lets users mint and redeem ERC-20 leveraged tokens for over 50 assets with up to 20x leverage, with all positions backed by Synthetix perpetual futures contracts and Pyth price feeds. The protocol is non-custodial, with TLX stakers receiving a share of platform fees and a 100M $TLX supply governed by a council-based model. Now operated by Synthetix as Synthetix Leverage after acquisition.
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TLX alternatives
Explore web3 competitors and apps like TLX.
Lighter
GMX
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
