SNX

Synthetix price 
SNX

$4.90  

1.67% (1d)

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Synthetix statistics
Market cap
 

1.67%

$1,606,344,105
#74
Volume (24h)
 

17.64%

$65,773,659
#137
Volume/Market cap (24h)
 
4.09%
Circulating supply
 
327,769,196 SNX
Total supply
 
328,193,104 SNX
Max. supply
 
--
Fully diluted market cap
 
$1,608,421,609
SNX to USD Converter
SNX
USD
Price performance
24h 
Low
$4.79
High
$5.11
All-time high
Feb 14, 2021 (3 years ago)
$28.77
-82.97%
All-time low
Jan 05, 2019 (5 years ago)
$0.03258
+14943.57%
See historical data
Popularity
In watchlists246,888x
250th / 9.4K
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About Synthetix

What Is Synthetix (SNX)?

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Who Are the Founders of Synthetix?

What Makes Synthetix Unique?

How Many Synthetix (SNX) Coins Are There in Circulation?

How Is the Synthetix Network Secured?

Where Can You Buy Synthetix (SNX)?

 
 
 
 
 
 
 
 
 
 

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