Synthetix Network Token (SNX)

$ 2.8360

+8.70%

Market
Capitalization
$ 708.82M
24H
Volume
$ 52.61M
Primary
Use Case
Exchange
Circulating
Token Supply
249.94M
Total
Token Supply
313.53M
Token Supply
Characteristic
Inflationary

About Synthetix Network Token

Synthetix is a decentralised synthetic asset issuance protocol built on Ethereum. These synthetic assets are collateralized by the Synthetix Network Token (SNX) which when locked in the contract enables the issuance of synthetic assets (Synths). This pooled collateral model enables users to perform conversions between Synths directly with the smart contract, avoiding the need for counterparties. Synthetix was launched in late 2017, originally under the name of Havven (HAV).

Latest Synthetix Network Token News View All
Posted 15 weeks ago
The Aspidiske Release - Liquidation of SNX Escrow

Today, Oct 20th, the Aspidiske release will begin. Here’s what’s included in this release: * SIP-252: Liquidation of SNX Escrow: Allows SNX entries to be liquidated in case of force liquidation Motivation for Change In the initial release of the new liquidation mechanism escrow entries couldn’t … (read more)

Posted 33 weeks ago
Automated SNX Rewards - Live on Optimism (from Gelato)

We’ve recently partnered with Gelato to allow stakers to automatically claim their SNX staking rewards on Optimism. As of right now, the integration enables stakers to claim their weekly rewards once their C-Ratio is above the target C-Ratio (as of right now, this is 350%) The functionality to enab… (read more)

Posted 33 weeks ago
Synthetix (SNX) Price Surges 65% in Last 24 Hours Despite Catastrophe

Synthetix is a Layer-2 scaling solution that enables on-chain exposure to a broad range of crypto and non-crypto assets. Read it on. (read more)

Posted 34 weeks ago
Nominations are now open for Synthetix Councils & V3GM Election Module

Nominations for the next epoch’s Synthetix Councils (Spartan, Grants, Treasury, and Ambassador Council) are now open! The epoch lasts for 3 months, from July 1st to September 1st. All elected council members will receive a monthly stipend from the Synthetix Treasury of 2,000 SNX per month. Nominati… (read more)

Posted 35 weeks ago
dHEDGE Debt Mirror Index Token - Live on Optimism

Synthetix has partnered with dHEDGE to deploy a one-click debt mirror index for SNX stakers on Optimism. Initially, this tool was launched onto mainnet, but it is now live on Optimism. With this tool, each staker can hedge their exposure to the debt pool. Main article points: * dHEDGE & Toros Fi… (read more)

Posted 47 weeks ago
Upcoming Debt Pool Synthesis

Oh, the moment you’ve all been waiting for: Debt Pool Synthesis. Both debt pools will become one on March 24th, starting between 9pm-11pm UTC. Once complete, the update will be announced as such. Once Debt Synthesis and the debt pools are merged, two key results affect stakers: 1. SNX inflationar… (read more)

Posted 67 weeks ago
Synthetix: what’s at stake?

People who are new to SNX are also new to Decentralized Finance (DeFi) and its concepts. Within this context, “Staking” is a non-trivial concept. At first glance one might think that staking SNX is… (read more)



Synthetix Network Token Trading & Investing Guides
SNX - Synthetix Network Token
How to Trade Synthetix Network - Guide to Buying and Selling SNX Tokens

In this guide, we will show you step by step how you can trade SNX. We will be using Binance in the examples. (read more)

Synthetix Network Token Trading & Investing Guides
SNX - Synthetix Network Token
How to Trade Synthetix Network - Guide to Buying and Selling SNX Tokens

In this guide, we will show you step by step how you can trade SNX. We will be using Binance in the examples. (read more)


Synthetix Network Token Futures & Derivatives Guides
SNX Futures
Trade SNX Futures Contracts with up to 50x Leverage on Binance

Synthetix Network futures contracts is available for trading on the Binance Futures platform with up to 50x leverage. (read more)

Promotions
Use Binance Futures Referral Code 'guru10' & Get 10% Discount on Futures Trading Fees

Learn how to activate your Binance Futures Trading Account and get additional 10% discount off trading fees using our exclusive Binance Futures referral code. (read more)

Synthetix Network Token Futures & Derivatives Guides
SNX Futures
Trade SNX Futures Contracts with up to 50x Leverage on Binance

Synthetix Network futures contracts is available for trading on the Binance Futures platform with up to 50x leverage. (read more)

Promotions
Use Binance Futures Referral Code 'guru10' & Get 10% Discount on Futures Trading Fees

Learn how to activate your Binance Futures Trading Account and get additional 10% discount off trading fees using our exclusive Binance Futures referral code. (read more)

Latest Synthetix Network Token News View All
Posted 15 weeks ago
The Aspidiske Release - Liquidation of SNX Escrow

Today, Oct 20th, the Aspidiske release will begin. Here’s what’s included in this release: * SIP-252: Liquidation of SNX Escrow: Allows SNX entries to be liquidated in case of force liquidation Motivation for Change In the initial release of the new liquidation mechanism escrow entries couldn’t … (read more)

Posted 33 weeks ago
Automated SNX Rewards - Live on Optimism (from Gelato)

We’ve recently partnered with Gelato to allow stakers to automatically claim their SNX staking rewards on Optimism. As of right now, the integration enables stakers to claim their weekly rewards once their C-Ratio is above the target C-Ratio (as of right now, this is 350%) The functionality to enab… (read more)

Posted 33 weeks ago
Synthetix (SNX) Price Surges 65% in Last 24 Hours Despite Catastrophe

Synthetix is a Layer-2 scaling solution that enables on-chain exposure to a broad range of crypto and non-crypto assets. Read it on. (read more)

Posted 34 weeks ago
Nominations are now open for Synthetix Councils & V3GM Election Module

Nominations for the next epoch’s Synthetix Councils (Spartan, Grants, Treasury, and Ambassador Council) are now open! The epoch lasts for 3 months, from July 1st to September 1st. All elected council members will receive a monthly stipend from the Synthetix Treasury of 2,000 SNX per month. Nominati… (read more)

Posted 35 weeks ago
dHEDGE Debt Mirror Index Token - Live on Optimism

Synthetix has partnered with dHEDGE to deploy a one-click debt mirror index for SNX stakers on Optimism. Initially, this tool was launched onto mainnet, but it is now live on Optimism. With this tool, each staker can hedge their exposure to the debt pool. Main article points: * dHEDGE & Toros Fi… (read more)

Posted 47 weeks ago
Upcoming Debt Pool Synthesis

Oh, the moment you’ve all been waiting for: Debt Pool Synthesis. Both debt pools will become one on March 24th, starting between 9pm-11pm UTC. Once complete, the update will be announced as such. Once Debt Synthesis and the debt pools are merged, two key results affect stakers: 1. SNX inflationar… (read more)

Posted 67 weeks ago
Synthetix: what’s at stake?

People who are new to SNX are also new to Decentralized Finance (DeFi) and its concepts. Within this context, “Staking” is a non-trivial concept. At first glance one might think that staking SNX is… (read more)


Synthetix Network Token Trading & Investing Guides
SNX - Synthetix Network Token
How to Trade Synthetix Network - Guide to Buying and Selling SNX Tokens

In this guide, we will show you step by step how you can trade SNX. We will be using Binance in the examples. (read more)

Synthetix Network Token Trading & Investing Guides
SNX - Synthetix Network Token
How to Trade Synthetix Network - Guide to Buying and Selling SNX Tokens

In this guide, we will show you step by step how you can trade SNX. We will be using Binance in the examples. (read more)


Synthetix Network Token Futures & Derivatives Guides
SNX Futures
Trade SNX Futures Contracts with up to 50x Leverage on Binance

Synthetix Network futures contracts is available for trading on the Binance Futures platform with up to 50x leverage. (read more)

Promotions
Use Binance Futures Referral Code 'guru10' & Get 10% Discount on Futures Trading Fees

Learn how to activate your Binance Futures Trading Account and get additional 10% discount off trading fees using our exclusive Binance Futures referral code. (read more)

Synthetix Network Token Futures & Derivatives Guides
SNX Futures
Trade SNX Futures Contracts with up to 50x Leverage on Binance

Synthetix Network futures contracts is available for trading on the Binance Futures platform with up to 50x leverage. (read more)

Promotions
Use Binance Futures Referral Code 'guru10' & Get 10% Discount on Futures Trading Fees

Learn how to activate your Binance Futures Trading Account and get additional 10% discount off trading fees using our exclusive Binance Futures referral code. (read more)

Synthetix Network Token Price

$ 2.8360

(+8.70%)

Market
Capitalization
$ 708.82M
24H
Volume
$ 52.61M
Primary
Use Case
Exchange
Circulating
Token Supply
249.94M
Total
Token Supply
313.53M
Token Supply
Characteristic
Inflationary

About Synthetix Network Token

Synthetix is a decentralised synthetic asset issuance protocol built on Ethereum. These synthetic assets are collateralized by the Synthetix Network Token (SNX) which when locked in the contract enables the issuance of synthetic assets (Synths). This pooled collateral model enables users to perform conversions between Synths directly with the smart contract, avoiding the need for counterparties. Synthetix was launched in late 2017, originally under the name of Havven (HAV).


Latest Synthetix Network Token News View All

Today, Oct 20th, the Aspidiske release will begin. Here’s what’s included in this release: * SIP-252: Liquidation of SNX Escrow: Allows SNX entries to be liquidated in case of force liquidation Motivation for Change In the initial release of the new liquidation mechanism escrow entries couldn’t … (read more)


We’ve recently partnered with Gelato to allow stakers to automatically claim their SNX staking rewards on Optimism. As of right now, the integration enables stakers to claim their weekly rewards once their C-Ratio is above the target C-Ratio (as of right now, this is 350%) The functionality to enab… (read more)


Synthetix is a Layer-2 scaling solution that enables on-chain exposure to a broad range of crypto and non-crypto assets. Read it on. (read more)


Nominations for the next epoch’s Synthetix Councils (Spartan, Grants, Treasury, and Ambassador Council) are now open! The epoch lasts for 3 months, from July 1st to September 1st. All elected council members will receive a monthly stipend from the Synthetix Treasury of 2,000 SNX per month. Nominati… (read more)


Synthetix has partnered with dHEDGE to deploy a one-click debt mirror index for SNX stakers on Optimism. Initially, this tool was launched onto mainnet, but it is now live on Optimism. With this tool, each staker can hedge their exposure to the debt pool. Main article points: * dHEDGE & Toros Fi… (read more)


Posted 47 weeks ago
Upcoming Debt Pool Synthesis

Oh, the moment you’ve all been waiting for: Debt Pool Synthesis. Both debt pools will become one on March 24th, starting between 9pm-11pm UTC. Once complete, the update will be announced as such. Once Debt Synthesis and the debt pools are merged, two key results affect stakers: 1. SNX inflationar… (read more)


Posted 67 weeks ago
Synthetix: what’s at stake?

People who are new to SNX are also new to Decentralized Finance (DeFi) and its concepts. Within this context, “Staking” is a non-trivial concept. At first glance one might think that staking SNX is… (read more)


Synthetix Network Token Trading & Investing Guides
SNX - Synthetix Network Token
How to Trade Synthetix Network - Guide to Buying and Selling SNX Tokens

In this guide, we will show you step by step how you can trade SNX. We will be using Binance in the examples. (read more)

Synthetix Network Token Trading & Investing Guides
SNX - Synthetix Network Token
How to Trade Synthetix Network - Guide to Buying and Selling SNX Tokens

In this guide, we will show you step by step how you can trade SNX. We will be using Binance in the examples. (read more)


Synthetix Network Token Futures & Derivatives Guides
SNX Futures
Trade SNX Futures Contracts with up to 50x Leverage on Binance

Synthetix Network futures contracts is available for trading on the Binance Futures platform with up to 50x leverage. (read more)

Promotions
Use Binance Futures Referral Code 'guru10' & Get 10% Discount on Futures Trading Fees

Learn how to activate your Binance Futures Trading Account and get additional 10% discount off trading fees using our exclusive Binance Futures referral code. (read more)

Synthetix Network Token Futures & Derivatives Guides
SNX Futures
Trade SNX Futures Contracts with up to 50x Leverage on Binance

Synthetix Network futures contracts is available for trading on the Binance Futures platform with up to 50x leverage. (read more)

Promotions
Use Binance Futures Referral Code 'guru10' & Get 10% Discount on Futures Trading Fees

Learn how to activate your Binance Futures Trading Account and get additional 10% discount off trading fees using our exclusive Binance Futures referral code. (read more)

Latest Synthetix Network Token News View All

Today, Oct 20th, the Aspidiske release will begin. Here’s what’s included in this release: * SIP-252: Liquidation of SNX Escrow: Allows SNX entries to be liquidated in case of force liquidation Motivation for Change In the initial release of the new liquidation mechanism escrow entries couldn’t … (read more)


We’ve recently partnered with Gelato to allow stakers to automatically claim their SNX staking rewards on Optimism. As of right now, the integration enables stakers to claim their weekly rewards once their C-Ratio is above the target C-Ratio (as of right now, this is 350%) The functionality to enab… (read more)


Synthetix is a Layer-2 scaling solution that enables on-chain exposure to a broad range of crypto and non-crypto assets. Read it on. (read more)


Nominations for the next epoch’s Synthetix Councils (Spartan, Grants, Treasury, and Ambassador Council) are now open! The epoch lasts for 3 months, from July 1st to September 1st. All elected council members will receive a monthly stipend from the Synthetix Treasury of 2,000 SNX per month. Nominati… (read more)


Synthetix has partnered with dHEDGE to deploy a one-click debt mirror index for SNX stakers on Optimism. Initially, this tool was launched onto mainnet, but it is now live on Optimism. With this tool, each staker can hedge their exposure to the debt pool. Main article points: * dHEDGE & Toros Fi… (read more)


Posted 47 weeks ago
Upcoming Debt Pool Synthesis

Oh, the moment you’ve all been waiting for: Debt Pool Synthesis. Both debt pools will become one on March 24th, starting between 9pm-11pm UTC. Once complete, the update will be announced as such. Once Debt Synthesis and the debt pools are merged, two key results affect stakers: 1. SNX inflationar… (read more)


Posted 67 weeks ago
Synthetix: what’s at stake?

People who are new to SNX are also new to Decentralized Finance (DeFi) and its concepts. Within this context, “Staking” is a non-trivial concept. At first glance one might think that staking SNX is… (read more)

Synthetix Network Token Trading & Investing Guides
SNX - Synthetix Network Token
How to Trade Synthetix Network - Guide to Buying and Selling SNX Tokens

In this guide, we will show you step by step how you can trade SNX. We will be using Binance in the examples. (read more)

Synthetix Network Token Trading & Investing Guides
SNX - Synthetix Network Token
How to Trade Synthetix Network - Guide to Buying and Selling SNX Tokens

In this guide, we will show you step by step how you can trade SNX. We will be using Binance in the examples. (read more)

Synthetix Network Token Futures & Derivatives Guides
SNX Futures
Trade SNX Futures Contracts with up to 50x Leverage on Binance

Synthetix Network futures contracts is available for trading on the Binance Futures platform with up to 50x leverage. (read more)

Promotions
Use Binance Futures Referral Code 'guru10' & Get 10% Discount on Futures Trading Fees

Learn how to activate your Binance Futures Trading Account and get additional 10% discount off trading fees using our exclusive Binance Futures referral code. (read more)

Synthetix Network Token Futures & Derivatives Guides
SNX Futures
Trade SNX Futures Contracts with up to 50x Leverage on Binance

Synthetix Network futures contracts is available for trading on the Binance Futures platform with up to 50x leverage. (read more)

Promotions
Use Binance Futures Referral Code 'guru10' & Get 10% Discount on Futures Trading Fees

Learn how to activate your Binance Futures Trading Account and get additional 10% discount off trading fees using our exclusive Binance Futures referral code. (read more)

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