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Synthetix Price (SNX)
Synthetix (SNX) Chart
Synthetix (SNX) Return On Investment(ROI)
Synthetix (SNX) Price Now
Synthetix price today is $2.74 with a 24-hour trading volume of $31,058,772. SNX price is up 3.9% in the last 24 hours. It has a circulating supply of 314.91Mil SNX tokens and a max supply of 315.64Mil.
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
- FaceBook: https://www.facebook.com/havven.io/
- Twitter: https://twitter.com/synthetix_io
- Reddit: https://www.reddit.com/r/havven
- Telegram: https://t.me/havven_official1
What is Synthetix (SNX) Contracts address?
- Ethereum: 0xC011a73ee8576Fb46F5E1c5751cA3B9Fe0af2a6F
- BNB Chain(BEP20): 0x9ac983826058b8a9c7aa1c9171441191232e8404
- Solana: 8cTNUtcV2ueC3royJ642uRnvTxorJAWLZc58gxAo7y56
- Heco: 0x777850281719d5a96c29812ab72f822e0e09f3da
- Polygon: 0x50b728d8d964fd00c2d0aad81718b71311fef68a
- Fantom: 0x56ee926bD8c72B2d5fa1aF4d9E4Cbb515a1E3Adc
- Avalanche C-Chain: 0xBeC243C995409E6520D7C41E404da5dEba4b209B
- Optimism: 0x8700daec35af8ff88c16bdf0418774cb3d7599b4
What is the price of Synthetix (SNX) token?
The current Synthetix usd price is $2.74. We update the Synthetix USD price in real time. Get live prices of Synthetix on different cryptocurrency exchanges around the world on Coincarp.
Is Synthetix (SNX) token a good investment?
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.
Where can I buy Synthetix (SNX) token token?
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:
If there is any error, please feedback to us, our email is email@example.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.
How to short Synthetix (SNX) token?
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:
What will Synthetix (SNX) token be worth in 5 years?
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.
SNX Price Statistics
- Synthetix Price Today
24h Low / 24h High
$2.63 / $2.77
Trading Volume 24h
Volume / Market Cap(%)
- Synthetix Market Cap
Fully Diluted Market Cap
- Synthetix Price History
7d Low / 7d High
$2.59 / $3.2
30d Low / 30d High
$2 / $3.35
90d Low / 90d High
$1.45 / $3.35
52 Week Low / 52 Week High
$1.4 / $8.1
All Time High
All Time Low
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