iDEFI is an inverse synthetic DeFi index token enabled by the [Synthetix protocol](https://synthetix.io). It inversely tracks a basket of DeFi tokens through price feeds supplied by [Chainlink’s](https://chain.link) decentralized network of oracles. It can be traded without slippage for other assets native to the Synthetix protocol at [Kwenta](https://kwenta.io) or [Synthetix.Exchange](https://synthetix.exchange). Its weighting was determined by Synthetix community governance, and can be viewed in the [Synthetix Docs](https://docs.synthetix.io/tokens/list/#inverse-defi-index-idefi). More information about Inverse Synths can also be found in the [Synthetix Docs](https://docs.synthetix.io/tokens/#inverse-isynths).

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What is iDEFI?

iDEFI is an inverse synthetic DeFi index token enabled by the Synthetix protocol. It inversely tracks a basket of DeFi tokens through price feeds supplied by Chainlink’s decentralized network of oracles. It can be traded without slippage for other assets native to the Synthetix protocol at Kwenta or Synthetix.Exchange. Its weighting was determined by Synthetix community governance, and can be viewed in the Synthetix Docs. More information about Inverse Synths can also be found in the Synthetix Docs.

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