Synthetic Markets

What Are Synthetic Markets?

Synthetic markets are fictional price indices that simulate what a real asset might be worth in the future.

For example:

• S_POLYMARKET ≠ Polymarket token
• S_MONAD ≠ Monad token
• S_LIGHTER ≠ Lighter AI token
• S_BASE ≠ Coinbase Base token

These synthetic markets behave like price charts, but they do not represent:

• Ownership
• Equity
• A promise
• A token

Why Synthetic?

Synthetic markets allow:

• Permissionless listing
• No reliance on private companies
• No regulatory complexity
• No need for real token issuance
• Immediate liquidity and execution

This gives users a safe, fair way to speculate without touching real assets.