Blockchain and smart contract technology enable P2P trading (DEXs), have given rise to Decentralized Finance (Defi), and are on track to rewrite the entire Internet (Web3). This tech has also produced a new class of assets called stablecoins and synthetics. Both of these enable the creation of digital copies of real-world assets. For stablecoins, this means cryptocurrencies that always trade at the price of their fiat counterparts. For synthetics, this means the same but for any arbitrary stock or bond.