Convert Synthetix Network Token SNX to Mountain Protocol USDM
SNX to USDM: 1 Synthetix Network Token converts to 0.2126 USDM
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About SNX and USDM
Synthetix Network Token is climbing, while Mountain Protocol is falling this week. The current SNX to USDM conversion rate is 0.2126. Inversely, this means that if you convert 1 USDM you will get 4.70 SNX. The conversion rate of SNX/USDM has increased by 0.48% in the last hour (USDM/SNX decreased by 0.48%). In the last 24 hours, SNX/USDM grew by 1.72%, while USDM/SNX shrunk by the same amount.
The exchange rate of Synthetix Network Token is increasing. The current value of 1 SNX is 0.2126 USDM. In other words, to buy 5 Synthetix Network Token, it would cost you 1.063 USDM. Inversely, 1 USDM would allow you to trade for 4.70 SNX while 50 USDM would convert to 235.18 SNX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.39%. Meanwhile, in the last 24 hours, the rate has changed by 1.69%, and that the highest exchange rate of 1 SNX to USDM was 0.2141 USDM and the lowest 24 hour value was 1 SNX for 0.209 USDM. Last month, 1 SNX was worth 0.2301 USDM. Today, it's down 8.25%. Looking back a year, Synthetix Network Token has changed by 0.6421 USDM. That means that in a single year, the value of Synthetix Network Token has shrank by 202%.
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.
Mountain Protocol Market Stats
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
Conversion tables
SNX to USDM values from Today at 11:50 pm
0.5 SNX = 0.1063 USDM |
1 SNX = 0.2126 USDM |
5 SNX = 1.06 USDM |
10 SNX = 2.13 USDM |
50 SNX = 10.63 USDM |
100 SNX = 21.26 USDM |
500 SNX = 106.30 USDM |
1,000 SNX = 212.60 USDM |
USDM to SNX values from Today at 11:50 pm
0.5 USDM = 2.35 SNX |
1 USDM = 4.70 SNX |
5 USDM = 23.52 SNX |
10 USDM = 47.04 SNX |
50 USDM = 235.18 SNX |
100 USDM = 470.36 SNX |
500 USDM = 2,351.80 SNX |
1,000 USDM = 4,703.60 SNX |
SNX to USDM over time
SNX | Today | 24H 1.69% | 1M -8.25% | 1Y -202.00% |
|---|---|---|---|---|
0.5 SNX | 0.1063 USDM | 0.1045 USDM | 0.1151 USDM | 0.321 USDM |
1 SNX | 0.2126 USDM | 0.209 USDM | 0.2301 USDM | 0.6421 USDM |
5 SNX | 1.06 USDM | 1.05 USDM | 1.15 USDM | 3.21 USDM |
10 SNX | 2.13 USDM | 2.09 USDM | 2.30 USDM | 6.42 USDM |
50 SNX | 10.63 USDM | 10.45 USDM | 11.51 USDM | 32.10 USDM |
100 SNX | 21.26 USDM | 20.90 USDM | 23.01 USDM | 64.21 USDM |
500 SNX | 106.30 USDM | 104.50 USDM | 115.07 USDM | 321.03 USDM |
1,000 SNX | 212.60 USDM | 209.01 USDM | 230.14 USDM | 642.07 USDM |
Frequently asked questions
Right now, 1 Synthetix Network Token is worth about $0.2115.
Based on the current rate, you could get 4.73 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 decreased. 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 23.64 SNX. Inversely, 5 SNX will cost about $1.06
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, XPR Network, and yearn.finance. For a more robust list of assets to explore, jump to the asset page dedicated to Synthetix Network Token.
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