SynthetixSNX

Rank #52 Token
Rating: 4.2
Certik
2023/11/27
4.2

Our aggregate rating is simply the arithmetic average of the ratings from each source. It does not represent the opinion of CoinCarp and does not imply any guarantee on our part as to the merits or suitability of the project. Please use your own judgment when evaluating each token

Synthetix Price (SNX)

$3.61

0.00009321 BTC

8.10%

Low:$3.32
High:$3.7
Market Cap

$1,167,519,289

30,118 BTC
Fully Diluted Market Cap

$1,174,838,910

30,307 BTC
Volume 24h

$53,212,640

1,372.69 BTC
Circulating Supply

323,108,233 SNX

Max Supply

325,133,921 SNX

Total Supply

327,867,659 SNX

Links:
Website, Explorers, Whitepaper
Tags:
Alameda Research Portfolio Avalanche Ecosystem
Synthetix's Logo Synthetix SNX
$3.61

Synthetix (SNX) Chart

×

Synthetix (SNX) Return On Investment(ROI)

-1.28% 1 H
8.01% 24 H
4.54% 7 D
54.30% 1 Month
51.93% 6 Month
111.25% 1 Year
Details
Mineable Yes
Algorithm
ProofType
Issue Price $0.5

Synthetix (SNX) Price Now

Synthetix price today is $3.61 with a 24-hour trading volume of $53,212,640. SNX price is up 8.01% in the last 24 hours. It has a circulating supply of 323.11Mil SNX tokens and a max supply of 325.13Mil.
In order to search for real-time and historical information about Synthetix (SNX) blockchain, including data related to blocks, transactions, addresses, and more, you may use Synthetix (SNX) block explorers. Here are some of the most popular and useful Synthetix (SNX) blockchain explorers out there:

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

What is Synthetix (SNX) Contracts address?

Synthetix Team

Synthetix FAQ

The current Synthetix usd price is $3.61. We update the Synthetix USD price in real time. Get live prices of Synthetix on different cryptocurrency exchanges around the world on Coincarp.

It depends on your personal risk tolerance and investment goals. Synthetix is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Synthetix investing, you will also need to understand the Synthetix project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Synthetix investing are by participating in Spot, Perpetual, ETF/Leveraged trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.

You can buy Synthetix from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Synthetix. Cryptocurrency exchanges that currently support Synthetix trading include:

There may be errors in the exchanges listed above. Please check the name, logo and contract address before trading to avoid losses.
If there is any error, please feedback to us, our email is hello@coincarp.com. Please be aware that buying and selling Synthetix involves high risks.You should always do your own research and make sure you understand the risks associated with Synthetix trading before you begin.

The easiest way to short Synthetix is through margin trading, usually with Perpetual contracts, Futures contracts, ETF/Leveraged. Only a few cryptocurrency trading platforms allows short selling due to the considerable risk involved in this type of trading.
To start shorting Synthetix, open a margin account, provide some collateral for your short position, borrow some coins from the trading platform, and start short selling. Keep in mind that shorting Synthetix or any other cryptocurrency is high-risk. Exchanges that currently support shorting Synthetix are:

It is impossible to predict what Synthetix will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Synthetix's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Synthetix 5 years from now.

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

  • Synthetix Price Today
  • Synthetix Price

    $3.61

  • Price Change24h

    $0.2679 8.01%

  • 24h Low / 24h High

    $3.32 / $3.7

  • Trading Volume 24h

    $53,212,640

  • Volume/Market cap (24h)

    4.56%

  • Market Dominance

    0.08%

  • Market Rank

    #52

  • Synthetix Market Cap
  • Market Cap

    $1,167,519,289

  • Fully Diluted Market Cap

    $1,174,838,910

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

    $3.2 / $3.78

  • 30d Low / 30d High

    $2.19 / $3.8

  • 90d Low / 90d High

    $1.83 / $3.8

  • 52 Week Low / 52 Week High

    $1.4 / $3.8

  • All Time High

    $28.86

  • All Time Low

    $0.0371

  • Show More

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