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Synthetix Network Token

SNX

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About Synthetix Network Token

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.

Market

Spain Market Stats

Market cap

€821.6M

Volume (24h)

€37.2M

Circulating supply

327.8M SNX

Typical hold time

24 days

Popularity

#89

All time high

€27.05

Price change (1h)

+2.13%

Price change (24h)

+3.56%

Price change (7d)

-7.23%

Spain News about Synthetix Network Token

DL News • Mar 15, 24

Kain Warwick tests Optimism’s fees after Dencun with massive 64,000-person airdrop

Synthetix's founder, Kain Wawrick, explores the impact of the Dencun upgrade with a 64,000-person airdrop on Optimsim.

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News Article Image

The Block • Jan 24, 24

Synthetix deploys first perpetuals protocol on Base blockchain

Synthetix, a decentralized crypto derivatives marketplace, has deployed V3 of its perpetuals contracts protocol on Base.

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Synthetix Team • Sep 20, 23

SNXweave Weekly Recap 107

September 20, 2023The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week.👉TLDRstETH/ETH, ZRX, and UMA perpetual futures markets were added to Synthetix PerpsV3...

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Synthetix Team • Sep 13, 23

SNXweave Weekly Recap 106

September 13, 2023The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors, as well as the Grants Council and Ambassador Council from last week.👉TLDRV3 core system: several minor, technical SIPs are in the release processPerps V3

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Synthetix Team • Aug 05, 23

Partner Volume Rewards for Synthetix Perps Integrators

The Partner Volume Rewards for Synthetix Perps Integrators is a program designed to reward Synthetix integrators who drive volume through the Synthetix protocol.

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Synthetix Team • Jul 02, 23

Getting to the Synthetix v3 End Game

💡This post was provided by a Spartan Councillor. While Synthetix has reviewed the content for veracity, these views are not necessarily endorsed by the Synthetix DAO and/or community.We saw Where Synthetix v3 could take us, so let’s plot a potential path to get there. Reading

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Coinbase Bytes

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Synthetix Network Token is on the decline this week.

The price of Synthetix Network Token has increased by 2.13% in the last hour and increased by 3.56% in the past 24 hours. Synthetix Network Token’s price has also fallen by 7.23% in the past week. The current price is €2.50 per SNX with a 24-hour trading volume of €37.18M. Currently, Synthetix Network Token is valued at 90.77% below its all time high of €27.05. This all-time high was the highest price paid for Synthetix Network Token since its launch.

The current circulating supply of Synthetix Network Token is 327,769,196.14 SNX which means that Synthetix Network Token has as total market cap of 327,769,196.14.

FAQ

What is the current price of Synthetix Network Token?

We update our Synthetix Network Token to EUR currency in real-time. Get the live price of Synthetix Network Token on Coinbase.

What is the market cap of Synthetix Network Token?

The current market cap of Synthetix Network Token is €821.62M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Synthetix Network Token?

The all-time high of Synthetix Network Token is €27.05. This all-time high is highest price paid for Synthetix Network Token since it was launched.

What is the 24 hour trading volume of Synthetix Network Token?

Over the last 24 hours, the trading volume of Synthetix Network Token is €37.18M.

What other assets are similar to Synthetix Network Token?

Assets that have a similar market cap to Synthetix Network Token include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

How many Synthetix Network Token are there?

The current circulating supply of Synthetix Network Token is 328 million.

What is the typical holding time of Synthetix Network Token?

The median time that Coinbase customers hold Synthetix Network Token before selling it or sending it to another account or address is 24 days.

What is the relative popularity of Synthetix Network Token?

Synthetix Network Token ranks 88 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Synthetix Network Token?

Currently, 66% of Coinbase users are buying Synthetix Network Token. In other words, 66% of Coinbase customers have increased their net position in Synthetix Network Token over the past 24 hours through trading.

Can I buy Synthetix Network Token on Coinbase?

Yes, Synthetix Network Token is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Synthetix Network Token guide.