Synthetix Incentivizes sUSD Liquidity On Optimism With Lyra
Synthetix and Lyra look to boost sUSD liquidity on Optimism.
54% of total supply
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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.
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 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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