Syntetika Overview
Overview
Syntetika bridges traditional finance (TradFi) and decentralized finance (DeFi) to deliver structured products with superior risk-adjusted returns by capturing both on-chain and off-chain yield. Built in collaboration with Hilbert Group (Nasdaq: HILB), a regulated quantitative asset manager, Syntetika provides access to institutional-grade strategies while preserving composability, decentralization, and regulatory alignment. Designed from the ground up for both B2B and B2C use, Syntetika leverages privacy-preserving compliance infrastructure to serve the needs of platforms, treasuries, funds, and individual investors seeking access to yield-bearing assets in a modular and transparent way. At its core, Syntetika is a vault-based protocol that connects structured yield product originators with on-chain liquidity and demand—serving as the connective tissue between financial strategy supply and capital seeking yield.
To bring this vision to market, Syntetika’s first focus is Bitcoin, the most widely held and institutionally adopted digital asset. The protocol’s initial flagship products are:
shBTC — a yield-bearing wrapper built using the ERC-4626 vault standard. When users stake hBTC, they receive shBTC, which accrues BTC-denominated yield over time and can be deployed across DeFi.
Why Bitcoin is the Starting Point
Bitcoin remains the most important asset in crypto’s financial stack—and yet it is economically underutilized. While BTC adoption continues to rise, including among corporations and public entities, the vast majority of holdings sit idle, functioning more like digital gold than productive capital. As of 2025, over 3% of Bitcoin’s supply is held by publicly traded companies alone, yet little of it contributes to market liquidity or yield generation.
Syntetika was built to change this. By enabling BTC to become a core asset in the on-chain financial value chain, the protocol activates its economic potential without requiring holders to sell or bridge into riskier systems. Syntetika believes the next generation of DeFi will be built not around USD-denominated assets, but around BTC-native yield primitives—and is positioning itself at the center of this evolution.
Building the Value Chain for Bitcoin
What traditional capital markets are to the US dollar, Syntetika is building for Bitcoin. The protocol enables a full-stack financialization of BTC, spanning from origination to on-chain distribution. This approach mirrors the traditional value chain of financial markets—adapted for the decentralized age.
Syntetika’s BTC value chain consists of:
Sourcing: Hilbert Group sources BTC capital through regulated custodians and financial platforms, allowing for liquidity inflows from both traditional and crypto-native markets.
Augmentation: With composability at its core, these tokenized BTC assets can be integrated across DeFi—used as collateral, deployed in structured products, or bundled into advanced risk-return wrappers. The infrastructure to do this already exists across Ethereum's DeFi ecosystem.
Distribution: Syntetika leverages a multi-channel distribution model that is focused around sourcing yield seeking liquidity across both B2B and B2C landscape.
Together, these components form a complete financial infrastructure for Bitcoin—delivering real yield, real compliance, and real composability.
Syntetika isn’t just bringing BTC into DeFi—it’s building a new financial system around it.
Explore the rest of the documentation to learn more about how Syntetika works, the strategies powering its products, and the architecture behind its mission to redefine structured yield for the Internet of Assets.
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