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Synthetix

SynthetixSNXPrice $ 2.01

Rank: 56

1592 Watchlists

DeFi

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Contracts

SNX Price

$ 2.01
0.27%

0.000076

0.57%
Low
High
$ 1.99$ 2.06

About Synthetix

Synthetix is a decentralized liquidity provisioning protocol that enables the creation of on-chain synthetic assets

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Synthetix Price

The Synthetix to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

SNX Price Statistics

    Market Cap

    $ 650.78M

    Ƀ 24.64K

    FDMC

    $ 652.33M

    ATH Market Cap

    $ 4.14B

    24h Trade Volume

    $ 18.72M

    Ƀ 708.76

    Vol (24h) / MCap

    0.0288

    All Time High

    $ 28.63

    14 Feb 2021

SNX to USD Converter

ICO ENDED:

26 Feb — 28 Feb 2018

Price

$ 0.670

ROI

3x (+199.7%)

ATH ROI

42.73x (+4,172.9%)

Raise

$ 5,300,000

Tokens For Sale

7,912,851

Synthetix Monthly Returns (USD)

Synthetix Quarterly Returns (USD)

Synthetix Closing Price (USD) - Quarterly

SNX - USD Price Change

PeriodChangeChange (%)HighLow
24H-$ 0.00538-0.27%$ 2.06$ 1.99
7D-$ 0.078-3.74%$ 2.14$ 1.95
14D-$ 0.0661-3.19%$ 2.25$ 1.95
30D-$ 0.0414-2.02%$ 2.54$ 1.91
3M-$ 0.218-9.78%$ 3.24$ 1.91
6M-$ 0.418-17.2%$ 3.24$ 1.66
YTD$ 0.570+39.6%$ 3.33$ 1.43
1Y-$ 0.439-17.9%$ 3.33$ 1.40
3Y-$ 2.90-59.1%$ 28.63$ 1.40

Synthetix Annual Price (USD) Change

Synthetix Markets

What is Synthetix (SNX)?

Synthetix is a decentralized liquidity provisioning protocol built on Ethereum and Optimistic Ethereum (a layer two scaling solution built on Ethereum). Synthetic assets, and associated products, are collateralized by stakers via Synthetix Network Token (SNX), which when locked in a staking contract enables the issuance of synthetic assets (synths). This pooled collateral model allows users to perform conversions between synths directly with the smart contract, avoiding the need for counterparties. This mechanism solves the liquidity and slippage issues experienced by DEXs. 

Synthetix currently supports a wide range of products enabled by this pooled collateral model. These products include Perpetual Futures and Spot Synths. These products serve as the base layer of liquidity for integrators to build novel financial derivatives.

SNX holders are incentivized to stake their tokens as they are paid a pro-rata portion of the fees generated through activity on Synthetix by integrators. They are also incentivized with SNX inflation. 

Synthetix Price Today

Synthetix's current price is $ 2.01, it has dropped -0.27% over the past 24 hours.

Synthetix's All Time High (ATH) of $ 28.63 was reached on 14 Feb 2021, and is currently -93% down.

The current circulating supply of Synthetix is 324.08 Million tokens, and the maximum supply of Synthetix is 324.08 Million.

Synthetix’s 24 hour trading volume is $ 18.72 Million.

Synthetix's current share of the entire cryptocurrency market is 0.06%, with a market capitalization of $ 650.78 Million.