How to Use Synths

A Synthetic Option is a proprietary trading algorithm that attempts to replicate the economic performance of a traditional option.

Important Notice: Synthetic Options Service Deprecation

We are spinning down our synth options service on April 18, 2025.

Please close all your positions before April 18, 2025. If your positions remain open after this date, they will be automatically closed on your behalf.

What you need to do:

• Close all your synth positions as soon as possible.

If you have any questions or need assistance, please contact support.

Start using available Umoja strategies

Synthetic Options allow you to take a leveraged bet on the future price of an asset with zero liquidation risk, offering far greater flexibility and capital efficiency than traditional options.

Your choice of Synth will depend on your preferred trading strategy informed by your perspective of the market direction.

With Synths, you can...

• Hedge Losses (Synthetic Put Option) or

• Go 10x Long (Synthetic Call Option)

To participate in Umoja, you need to have a crypto wallet. Additionally, you will need to:

• connect your wallet to the Arbitrum Mainnet,

• post collateral equivalent to 10% of the notional amount in $USDC. This collateral is required to fund the underlying replicating portfolio,

• have a small amount of ETH for gas fees.

If you need $USDC and ETH on the Arbitrum mainnet, you can bridge here.

How to use Synth Puts: Quick GuideHow to use Synth Calls: Quick Guide

Are you a developer?

Navigate to the Account tab on the Dashboard to get your API Key after you connect your wallet to our dApp. Read our API documentation to automate the creation and usage of Synths.