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Synthetix

(SNX)

$ 1.64

4.6 % (24H)

Synthetix Data

Price Range (24H)

Current Price

Lowest

$ 1.63

Highest

$ 1.74

ATH

$ 28.99

Price Change (24h)

4.6 %

Price Change (7d)

0 %

Market Cap

$ 560,065,000

24h Volume

$ 4,432,130

Circulating Supply

339,466,000

Max Supply

-1

Synthetix Overview

Synthetix (SNX) is a decentralized synthetic asset issuance protocol built on Ethereum. It allows the creation and trading of synthetic assets collateralized by SNX, used for hedging, gaining exposure to diverse assets, and trading on the price movements of real-world assets. SNX stakers are incentivized to contribute to the network and capture fees generated from Synth exchanges, which determine the value of the SNX token.