Convert Synthetix Network Token SNX to USD+ USD+
SNX to USD+: 1 Synthetix Network Token converts to 0.2461 USD+
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SNX and USD+
Synthetix Network Token is falling, while USD+ is climbing this week. The current SNX to USD+ conversion rate is 0.2461. Inversely, this means that if you convert 1 USD+ you will get 4.06 SNX. The conversion rate of SNX/USD+ has decreased by 1.07% in the last hour (USD+/SNX increased by 1.07%). In the last 24 hours, SNX/USD+ shrunk by 0.13%, while USD+/SNX grew by the same amount.
The exchange rate of Synthetix Network Token is decreasing. The current value of 1 SNX is 0.2461 USD+. In other words, to buy 5 Synthetix Network Token, it would cost you 1.2303 USD+. Inversely, 1 USD+ would allow you to trade for 4.06 SNX while 50 USD+ would convert to 203.20 SNX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 17.25%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, and that the highest exchange rate of 1 SNX to USD+ was 0.2526 USD+ and the lowest 24 hour value was 1 SNX for 0.2415 USD+. Last month, 1 SNX was worth 0.3754 USD+. Today, it's down 52.55%. Looking back a year, Synthetix Network Token has changed by 0.7421 USD+. That means that in a single year, the value of Synthetix Network Token has shrank by 201.59%.
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.
USD+ Market Stats
USD+ is a stablecoin fully collateralized by USDC, DAI, and USDT, providing 8-12% APY with daily payouts on Arbitrum, Base, Optimism, and other networks. Purpose: USD+ is designed to offer a stable value pegged to the US dollar, making it ideal for mitigating cryptocurrency volatility. Key Features: Transparency and Security: Daily attestations of reserves by independent third parties ensure trust and reliability. Multi-Chain Support: Available on Artbitrum, Base, Optimism, Linea, Blast, zkSync providing easy access across different blockchain ecosystems. Yield Generation: Offers returns on holdings through a yield-generating feature backed by a portfolio of stablecoins. Utility: Global Payments: Enables efficient, low-cost transactions for businesses and individuals. Market Adoption: Significant circulating supply and daily trading volume demonstrate robust adoption and liquidity. Rebase Mechanism: Rebase Token: USD+ is an ERC20 token, fully collateralized with assets convertible into USDC, with daily rebasing for profit payouts. Profit and Loss: Positive rebase when collateral value exceeds 100% and negative rebase when it falls below 100%. Pegging Mechanism: 'NAV of 1' Policy: Ensures market value of assets equals the amount of USD+ in circulation. Conservative Risk Management: Diversified portfolio of conservative DeFi investments. Daily Profit Distribution: Yield distributed to holders by increasing wallet balances daily. Liquidity Index: Reflects the ratio of issued USD+ tokens to asset volume in strategies. USD+ combines stability, utility, security, and yield generation, making it a noteworthy digital currency. Thorough research is essential to understand the associated risks and benefits.
Conversion tables
SNX to USD+ values from Today at 12:23 am
0.5 SNX = 0.123 USD+ |
1 SNX = 0.2461 USD+ |
5 SNX = 1.23 USD+ |
10 SNX = 2.46 USD+ |
50 SNX = 12.30 USD+ |
100 SNX = 24.61 USD+ |
500 SNX = 123.03 USD+ |
1,000 SNX = 246.06 USD+ |
USD+ to SNX values from Today at 12:22 am
0.5 USD+ = 2.03 SNX |
1 USD+ = 4.06 SNX |
5 USD+ = 20.32 SNX |
10 USD+ = 40.64 SNX |
50 USD+ = 203.20 SNX |
100 USD+ = 406.40 SNX |
500 USD+ = 2,032.01 SNX |
1,000 USD+ = 4,064.02 SNX |
SNX to USD+ over time
SNX | Today | 24H -0.01% | 1M -52.55% | 1Y -201.59% |
|---|---|---|---|---|
0.5 SNX | 0.123 USD+ | 0.123 USD+ | 0.1877 USD+ | 0.371 USD+ |
1 SNX | 0.2461 USD+ | 0.2461 USD+ | 0.3754 USD+ | 0.7421 USD+ |
5 SNX | 1.23 USD+ | 1.23 USD+ | 1.88 USD+ | 3.71 USD+ |
10 SNX | 2.46 USD+ | 2.46 USD+ | 3.75 USD+ | 7.42 USD+ |
50 SNX | 12.30 USD+ | 12.30 USD+ | 18.77 USD+ | 37.10 USD+ |
100 SNX | 24.61 USD+ | 24.61 USD+ | 37.54 USD+ | 74.21 USD+ |
500 SNX | 123.03 USD+ | 123.05 USD+ | 187.69 USD+ | 371.05 USD+ |
1,000 SNX | 246.06 USD+ | 246.10 USD+ | 375.37 USD+ | 742.09 USD+ |
Frequently asked questions
Right now, 1 Synthetix Network Token is worth about $0.246.
Based on the current rate, you could get 4.07 SNX for 1 USD.
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 20.33 SNX. Inversely, 5 SNX will cost about $1.23
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, Grass, and SOON. For a more robust list of assets to explore, jump to the asset page dedicated to Synthetix Network Token.
Buy Synthetix Network Token with Coinbase
Create a Coinbase account to buy and sell Synthetix Network Token on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Popular price predictions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.