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Wormhole (W) is a cross-chain communication protocol that enables the seamless transfer of assets and information between different blockchain networks. By utilizing its unique bridge technology, Wormhole facilitates interoperability and enhances the usability of decentralized applications across various platforms.
Synthetix (SNX) is a decentralized synthetic asset issuance protocol built on the Ethereum blockchain. It allows users to create and trade synthetic assets, which are blockchain-based assets that track the value of real-world assets like commodities, fiat currencies, and cryptocurrencies.