For more details on the listing tiers, please refer to Listings Review Criteria Section B - (3)
What is sDEFI?
sDEFI is a synthetic DeFi index token enabled by the Synthetix protocol. It 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.