Convert Synthetix Network Token SNX to NXM NXM
SNX to NXM: 1 Synthetix Network Token converts to 0.003408 NXM
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About SNX and NXM
Synthetix Network Token is climbing, while NXM is falling this week. The current SNX to NXM conversion rate is 0.003408. Inversely, this means that if you convert 1 NXM you will get 293.45 SNX. The conversion rate of SNX/NXM has increased by 0.47% in the last hour (NXM/SNX decreased by 0.47%). In the last 24 hours, SNX/NXM grew by 5.03%, while NXM/SNX shrunk by the same amount.
The exchange rate of Synthetix Network Token is increasing. The current value of 1 SNX is 0.003408 NXM. In other words, to buy 5 Synthetix Network Token, it would cost you 0.017039 NXM. Inversely, 1 NXM would allow you to trade for 293.45 SNX while 50 NXM would convert to 14,672.53 SNX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.96%. Meanwhile, in the last 24 hours, the rate has changed by 4.83%, and that the highest exchange rate of 1 SNX to NXM was 0.003446 NXM and the lowest 24 hour value was 1 SNX for 0.003235 NXM. Last month, 1 SNX was worth 0.003895 NXM. Today, it's down 14.29%. Looking back a year, Synthetix Network Token has changed by 0.006868 NXM. That means that in a single year, the value of Synthetix Network Token has shrank by 101.55%.
Synthetix Network Token Market Stats
Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies, and commodities.
NXM Market Stats
Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main defi protocols. Nexus Mutual offers coverage against smart contract failures, which protects against potential bugs in smart contract code. The coverage intends to provide protection against financial losses that may be incurred due to hacks or exploits in the smart contract code. Note that smart contract cover only protects against “unintended uses” of smart contracts, so security events such as the loss of private keys or centralized exchange hacks are not covered. In December 2020, it released custody cover covering centralised custodians and lenders such as Celsius, Blockfi, and Nexo.
Conversion tables
SNX to NXM values from Today at 10:03 am
0.5 SNX = 0.001704 NXM |
1 SNX = 0.003408 NXM |
5 SNX = 0.01704 NXM |
10 SNX = 0.03408 NXM |
50 SNX = 0.1704 NXM |
100 SNX = 0.3408 NXM |
500 SNX = 1.70 NXM |
1,000 SNX = 3.41 NXM |
NXM to SNX values from Today at 10:11 am
0.5 NXM = 146.73 SNX |
1 NXM = 293.45 SNX |
5 NXM = 1,467.25 SNX |
10 NXM = 2,934.51 SNX |
50 NXM = 14,672.53 SNX |
100 NXM = 29,345.05 SNX |
500 NXM = 146,725.26 SNX |
1,000 NXM = 293,450.51 SNX |
SNX to NXM over time
SNX | Today | 24H 4.83% | 1M -14.29% | 1Y -101.55% |
|---|---|---|---|---|
0.5 SNX | 0.001704 NXM | 0.001622 NXM | 0.001947 NXM | 0.003434 NXM |
1 SNX | 0.003408 NXM | 0.003243 NXM | 0.003895 NXM | 0.006868 NXM |
5 SNX | 0.01704 NXM | 0.01622 NXM | 0.01947 NXM | 0.03434 NXM |
10 SNX | 0.03408 NXM | 0.03243 NXM | 0.03895 NXM | 0.06868 NXM |
50 SNX | 0.1704 NXM | 0.1622 NXM | 0.1947 NXM | 0.3434 NXM |
100 SNX | 0.3408 NXM | 0.3243 NXM | 0.3895 NXM | 0.6868 NXM |
500 SNX | 1.70 NXM | 1.62 NXM | 1.95 NXM | 3.43 NXM |
1,000 SNX | 3.41 NXM | 3.24 NXM | 3.89 NXM | 6.87 NXM |
Frequently asked questions
Right now, 1 Synthetix Network Token is worth about $0.2166.
Based on the current rate, you could get 4.62 SNX for 1 USD.
Synthetix Network Token price has been on the rise. Since yesterday, the exchange rate of Synthetix Network Token has increased. Since last month, the exchange rate of Synthetix Network Token has increased. Since this time last year, the price of Synthetix Network Token has decreased.
You can use our SNX to USD calculator at the top of this page to convert any amount of SNX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 23.08 SNX. Inversely, 5 SNX will cost about $1.08
Synthetix Network Token is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Synthetix Network Token.
There are a number of crypto assets that have the a similar or comparable market cap to Synthetix Network Token, including Aave SNX V2, FUNToken, and USDsui. For a more robust list of assets to explore, jump to the asset page dedicated to Synthetix Network Token.
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