Synthetix Incentivizes sUSD Liquidity On Optimism With Lyra
Synthetix and Lyra look to boost sUSD liquidity on Optimism.
Synthetix Network Token price
(SNX / USD)
Market stats
$309.5M
$51.2M
+19.63%
114.8M SNX
54% of total supply
25 days
#61
$28.77
+0.63%
+3.3%
-1.61%
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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.
Resources
Synthetix Network Token is on the decline this week.
The price of Synthetix Network Token has fallen by 1.61% in the past 7 days. The price increased by 3.30% in the last 24 hours. In just the past hour, the price grew by 0.63%. The current price is $2.698 per SNX. Synthetix Network Token is 90.62% below the all time high of $28.77.
The current circulating supply is 114,841,533.012 SNX.
Synthetix Network Token on social media.
Synthetix Network Token was mentioned in 6 out of 1,704,674 social media posts on Twitter and Reddit on May 21, 2022. 5 unique individuals are talking about Synthetix Network Token and it is ranked #1,324 in most mentions and activity from collected posts.
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Grayscale’s Total Assets Under Management Hits $60B
Along with the milestone for Grayscale funds AUM, the firm passes SPDR Gold Shares (GLD), the world’s largest gold ETF. The post Grayscale’s Total Assets Under Management Hits $60B appeared first on Blockworks.
Synthetix Founder: DeFi Governance 'Pretty Terrible'
The derivatives liquidity protocol is working on a next-gen governance module that will be released as an open-source tool.
$3.3 million raised for Ethereum options protocol built on Optimism and Synthetix
Lyra, a DeFi platform focused on options trading and built on the Ethereum layer 2 protocol Optimism, has raised $3.3 million in seed funding. The post $3.3 million raised for Ethereum options protocol built on Optimism and Synthetix appeared first on The Block.
Synthetix Rallies as DeFi Protocol Announces Layer 2 Launch
"SNX's upside is in part supported by the latest update from the team in relation to the planned collaboration with Optimism," one analyst said.
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