Synthetix Price (SNX)

$2.72

0.000136 BTC

0.65%

Low:$2.54
High:$2.78
Market Cap

$312,702,010

15,650 BTC
Fully Diluted Market Cap

$713,152,002

35,691 BTC
Volume 24h

$85,688,834

4,288.41 BTC
Circulating Supply

114,841,533 SNX

Max Supply
--
Total Supply

261,908,995 SNX

Links:
Website, Explorers, Whitepaper
Tags:
Alameda Research Portfolio Avalanche Ecosystem
Synthetix's Logo Synthetix SNX
$2.72

Synthetix (SNX) Chart

×

Synthetix (SNX) Return On Investment(ROI)

-0.41% 1 H
-0.71% 24 H
25.36% 7 D
5.15% 1 Month
-63.19% 6 Month
-71.50% 1 Year
Details
Mineable Yes
Algorithm
ProofType
Issue Price $0.5

Synthetix (SNX) Price Now

Synthetix price today is $2.72 with a 24-hour trading volume of $85,688,834. SNX price is down -0.71% in the last 24 hours. It has a circulating supply of 114.84Mil SNX tokens and a total supply of 261.91Mil. In order to explore addresses and transactions, you may use block explorers such as

What Is Synthetix (SNX)?

Synthetix is a decentralized protocol built on Ethereum. It was designed to issue and trade synthetic asset, which is collateralized by SNX.

SNX is the native token of Synthetix blockchain. It was used to provide collateral against Synths that are issued.

Who Are the Founders of Synthetix?

The founder of Synthetix is Kain Warwick.

Kain Warwick is also the Co-Founder and CEO of blueshyft, a retail payment network of over 1200 locations across Australia. blueshyft has become the largest cryptocurrency payment gateway in Australia, processing tens of millions of dollars in transaction volume.

What Makes Synthetix Unique?

  • Exchange fees are generated whenever a user exchanges one synthetic asset (Synth) for another and then SNX stakers can claim it when generated are sent to the fee pool
  • Synthetic assets provide exposure to an asset without holding the underlying resource. This has a range of advantages, including reducing the friction when switching between different assets (e.g. from Apple shares to synthetic gold), expanding the accessibility of certain assets, and censorship resistance.
  • SNX stakers incur a 'debt' when they mint Synths. Depending on the exchange rate and the supply of Synths in the network, this debt can be increased or decreased without being affected by its original minted value. By taking this risk and enabling transactions on Synthetix. Exchange, stakers earn a right to fees generated by the system.  

Where Can You Buy Synthetix(SNX)?

Investing in Synthetix can seem complicated, but it is much easier when you buy Synthetix through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Synthetix — both for fiat money and other cryptocurrencies. Some of the most popular Synthetix cryptocurrency exchange are:

Synthetix (SNX) Community

Synthetix (SNX) Contracts

Synthetix Team

Synthetix's Logo
Synthetix SNX
USD US Dollar
  • SNX Price Statistics

  • Synthetix Price Today
  • Synthetix Price

    $2.72

  • Price Change24h

    $-0.01947 0.71%

  • 24h Low / 24h High

    $2.54 / $2.78

  • Trading Volume 24h

    $85,688,834

  • Volume / Market Cap(%)

    0.274%

  • Market Dominance

    0.03%

  • Market Rank

    #98

  • Synthetix Market Cap
  • Market Cap

    $312,702,010

  • Fully Diluted Market Cap

    $713,152,002

  • Synthetix Price History
  • 7d Low / 7d High

    $2.11 / $2.94

  • 30d Low / 30d High

    $1.44 / $3.6

  • 90d Low / 90d High

    $1.44 / $7.15

  • 52 Week Low / 52 Week High

    $1.44 / $15.81

  • All Time High

    $28.86

  • All Time Low

    $0.0371

  • Show More

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