Convert Synthetix Network Token SNX to Resolv Liquidity Provider Token RLP
SNX to RLP: 1 Synthetix Network Token converts to 1.31 RLP
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About SNX and RLP
Synthetix Network Token is climbing, while Resolv Liquidity Provider Token is falling this week. The current SNX to RLP conversion rate is 1.31. Inversely, this means that if you convert 1 RLP you will get 0.7606 SNX. The conversion rate of SNX/RLP has decreased by 0.46% in the last hour (RLP/SNX increased by 0.46%). In the last 24 hours, SNX/RLP grew by 1.02%, while RLP/SNX shrunk by the same amount.
The exchange rate of Synthetix Network Token is increasing. The current value of 1 SNX is 1.31 RLP. In other words, to buy 5 Synthetix Network Token, it would cost you 6.57 RLP. Inversely, 1 RLP would allow you to trade for 0.7606 SNX while 50 RLP would convert to 38.03 SNX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.62%. Meanwhile, in the last 24 hours, the rate has changed by 1.06%, and that the highest exchange rate of 1 SNX to RLP was 1.34 RLP and the lowest 24 hour value was 1 SNX for 1.29 RLP. Last month, 1 SNX was worth 1.12 RLP. Today, it's up 14.6%. Looking back a year, Synthetix Network Token has changed by 0.5517 RLP. That means that in a single year, the value of Synthetix Network Token has grown by 58.04%.
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.
Resolv Liquidity Provider Token Market Stats
Resolv is a protocol that maintains USR, an overcollateralized stablecoin natively backed by Ether (ETH). USR achieves its peg by hedging its collateral pool and maintaining a tokenized insurance fund called RLP. Users can stake USR to obtain the yield-bearing version called stUSR. USR is minted by depositing liquid assets, such as USDC or USDT, on 1:1 value basis. When USR is redeemed, a user receives a 1:1 equivalent to the notional amount. RLP: ETH portfolio backs USR with a more than 100% ratio. Excess part of collateral acts as a backing for RLP - Resolv Liquidity Pool. Key features of RLP: RLP is designed to protect USR from market and counterparty risks. In exchange, RLP users receive higher portion of profits of the collateral pool. RLP has a price, representing value of ETH backing a single unit of RLP token; RLP price can vary. Collateral required for minting or redemption is based on the latest price;
Conversion tables
SNX to RLP values from Today at 3:31 pm
0.5 SNX = 0.6574 RLP |
1 SNX = 1.31 RLP |
5 SNX = 6.57 RLP |
10 SNX = 13.15 RLP |
50 SNX = 65.74 RLP |
100 SNX = 131.48 RLP |
500 SNX = 657.38 RLP |
1,000 SNX = 1,314.76 RLP |
RLP to SNX values from Today at 3:46 pm
0.5 RLP = 0.3803 SNX |
1 RLP = 0.7606 SNX |
5 RLP = 3.80 SNX |
10 RLP = 7.61 SNX |
50 RLP = 38.03 SNX |
100 RLP = 76.06 SNX |
500 RLP = 380.30 SNX |
1,000 RLP = 760.59 SNX |
SNX to RLP over time
SNX | Today | 24H 1.06% | 1M 14.60% | 1Y 58.04% |
|---|---|---|---|---|
0.5 SNX | 0.6574 RLP | 0.6504 RLP | 0.5614 RLP | 0.2759 RLP |
1 SNX | 1.31 RLP | 1.30 RLP | 1.12 RLP | 0.5517 RLP |
5 SNX | 6.57 RLP | 6.50 RLP | 5.61 RLP | 2.76 RLP |
10 SNX | 13.15 RLP | 13.01 RLP | 11.23 RLP | 5.52 RLP |
50 SNX | 65.74 RLP | 65.04 RLP | 56.14 RLP | 27.59 RLP |
100 SNX | 131.48 RLP | 130.09 RLP | 112.28 RLP | 55.17 RLP |
500 SNX | 657.38 RLP | 650.44 RLP | 561.40 RLP | 275.86 RLP |
1,000 SNX | 1,314.76 RLP | 1,300.87 RLP | 1,122.80 RLP | 551.73 RLP |
Frequently asked questions
Right now, 1 Synthetix Network Token is worth about $0.2092.
Based on the current rate, you could get 4.78 SNX for 1 USD.
Synthetix Network Token price has been declining. Since yesterday, the exchange rate of Synthetix Network Token has decreased. 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 23.91 SNX. Inversely, 5 SNX will cost about $1.05
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, 龙虾 (Lobster), and Circle tokenized stock (xStock). For a more robust list of assets to explore, jump to the asset page dedicated to Synthetix Network Token.
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