$USD
country icon
¥-CNY

Chinese Yuan

country icon
$-USD

United States Dollar

country icon
-KRW

South Korean Won

country icon
-RUB

Czech Koruna

Synthetix SNX Synthetix
Price: $7.213 -6.19%
$USD
country icon
¥-CNY

Chinese Yuan

country icon
$-USD

United States Dollar

country icon
-KRW

South Korean Won

country icon
-RUB

Czech Koruna

Home Market SNX
Synthetix

Synthetix (SNX)

Rank #62 Included

Synthetix Price

$7.213
$7.213

24H Change

-6.19%

7D Change

-1.67%
Low: --
High: --
Synthetix

Synthetix

Today Price

$7.213 -6.19% Share it with your friends https://www.coinlook.com/coinlist/synthetix-network-token
  • Market Cap

    The Product of Crypto number and price

    $828,387,401
    -6.19%
  • 24H Vol
    $72,163,879
    -12.18%
  • Circulating Supply

    The Volume of Tradeable and Negotiable Cryptos in Market

    114,841,533 SNX
    212,424,133 SNX
  • 24H High/Low
    $7.719
    $7.134
  • Market Cap Dominance
    0.03 %
  • Turnover
    0.08%
  • All-Time High/Low
    $28.771
    $0.0324

Synthetix Chart

  1. Price
  2. Market Cap
  • 1D
  • 7D
  • 1M
  • 3M
  • 1Y
  • ALL
loading...

SNX Markets

See All Markets

Market News

# Exchanges Pair Price Volume Spread
1 Binance Binance SNX/USDT $7.255 $12,256,703 0.01%
2 OKEx OKEx SNX/USDT $7.213 $11,290,681 0.05%
3 CoinW CoinW SNX/USDT $7.252 $7,292,066 0.44%
4 P2PB2B P2PB2B SNX/USDT $7.192 $2,856,354 0.28%
5 Binance Binance SNX/BTC $7.227 $2,481,604 <0.01%

About Synthetix

What is Synthetix?

Synthetix is a derivatives liquidity protocol on Ethereum that enables the issuance and trading of synthetic assets. Each synthetic asset (or Synth) is an ERC20 token which tracks the price of an external asset; for example, each sUSD token tracks the price of the US dollar (and unlike the other synthetic assets, is fixed at 1). A wide variety of Synths exists within Synthetix, including fiat currencies, cryptocurrencies, commodities, and inverse indexes. In principle, the system can support any asset with a clear price and provides on-chain exposure to an unlimited range of real-world assets. The protocol will enable a variety of trading features including binary options, futures, and more.

How does Synthetix work?

Synthetix is otherwise composed of a smart contract infrastructure and a set of incentives that maintains Synth prices. It is underpinned by the value of the Synthetix Network Token (SNX). SNX acts as collateral; staking a proportional value of SNX is required to mint Synths. Stakers are rewarded for supporting the system with a pro-rata share of the fees generated by activity in the system. The value of SNX is thus directly connected with the usage of the network it collateralizes.

This mechanism allows Synthetix to support instantaneous, near-frictionless conversion between different flavors of Synths without the liquidity and slippage issues experienced by other decentralized exchanges. The resulting network of tokens supports an extensive set of use cases including trading, loans, payments, remittance, eCommerce, and more.

Synthetix was launched in late 2017, originally under the name of Havven (HAV).

Drop-down content
Synthetix SNX
USD USD

Synthetix Information Statistics

Price
  • Price
    $7.213
  • 24H Change
    -6.19%
  • 7D Change
    -1.67%
  • 24H High
    $7.719
  • 24H Low
    $7.134
  • 24H Vol
    $72,163,879
Market Cap
  • Market Cap
    $828,387,401
  • Market Rank
    #62
  • Market dominance
    0.03 %
Overview
  • Genesis Date
    2013-03
  • Max Supply
    212,424,133 SNX
  • Circulating
    114,841,533 SNX
  • Exchanges
    97
  • Website
  • White Paper
  • Social