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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

Singapore Market Stats

Market cap

S$1.1B

Volume (24h)

S$51.8M

Circulating supply

327.8M SNX

Typical hold time

24 days

Popularity

#90

All time high

S$39.55

Price change (1h)

-0.16%

Price change (24h)

-3.17%

Price change (7d)

-13.69%

Singapore 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.

Read more

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.

Read more

News Article Image

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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News Article Image

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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News Article Image

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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News Article Image

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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News Article Image

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Social

Some highlights about Synthetix Network Token on social media

668 unique individuals are talking about Synthetix Network Token and it is ranked #230 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Synthetix Network Token has an average sentiment score of 3.4 out of 5. Finally, Synthetix Network Token is becoming more newsworthy, with 0 news articles published about Synthetix Network Token. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Synthetix Network Token. There were 42.54% of tweets with bullish sentiment compared to 7.46% of tweets with a bearish sentiment about Synthetix Network Token. 50% of tweets were neutral about Synthetix Network Token. These sentiments are based on 228 tweets.

On Reddit, Synthetix Network Token was mentioned in 113 Reddit posts and there were 225 comments about Synthetix Network Token. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

668 people

Volume rank

#230

Average Sentiment

3.4 out of 5

Twitter

Reddit

Posts

113

Comments

225

Post Score

221

Comment Score

237

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Synthetix Network Token is on the decline this week.

The price of Synthetix Network Token has decreased by 0.16% in the last hour and decreased by 3.17% in the past 24 hours. Synthetix Network Token’s price has also fallen by 13.69% in the past week. The current price is S$3.46 per SNX with a 24-hour trading volume of S$51.82M. Currently, Synthetix Network Token is valued at 91.25% below its all time high of S$39.55. 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 SGD 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 S$1.13B. 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 S$39.55. 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 S$51.82M.

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.