sBNB is a synthetic Binance Coin token enabled by the [Synthetix protocol](https://synthetix.io). It tracks the price of Binance Coin through price feeds supplied by [Chainlink’s](https://chain.link) decentralized network of oracles. It can be traded without slippage for other assets native to the Synthetix protocol at [Kwenta](https://kwenta.io) or [Synthetix.Exchange](https://synthetix.exchange).