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Synthetic assets have proven to be an exciting addition to the cryptocurrency and DeFi industry. Bridging the gap between crypto and real-world assets will provide better liquidity and new use cases. However, maximizing the potential of synthetics is a very different issue to address, as there is still much room for further improvement. Octopus Protocol establishing an open protocol to create, exchange, settle and manage synthetic assets will lower the entry barriers and create a smoother overall user experience. There is plenty of room for competition in the synthetics segment, as the mainstream segment is yet to make its way to mainstream.