SNX

Synthetix

EthereumDeFiExchange tokensGovernance

Price
$0.1799
24h
+3.4%
7d
−11.0%
Market cap
$104.4M
24h volume
$3.8M

ethereum 0xc011a73ee8576fb46f5e1c5751ca3b9fe0af2a6f

Report

Synthetix (SNX) is a decentralized exchange on Ethereum. It launched in March 2018. 581M are in circulation, with no maximum. It ranks 269th by market capitalisation among the coins tracked here.

Synthetix is a decentralized perpetual futures protocol built on Ethereum Mainnet. Synthetix uses a hybrid design — off-chain order matching on a high-performance CLOB with on-chain settlement — to deliver low latency, deep liquidity, and MEV-resistant execution while keeping custody and finality on Ethereum. Traders get CEX-like performance with on-chain security and composability. The protocol’s liquidity is provided by the Synthetix Liquidity Provider (SLP) vault and backstopped by staked SNX collateral, which underwrites the issuance of the sUSD stablecoin and the solvency of the SLP vault.

Synthetix's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
581.0M
Total supply
581.4M
Max supply
No cap

Supply as of 2h ago

Official links

We have not checked these links yet.