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.
Synthetix Network Token price
(SNX)
Share
Share
$985.0M
$95.3M
114.8M SNX
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.
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