Market Cap: $3.3026T 0.250%
Volume(24h): $88.7887B 4.230%
  • Market Cap: $3.3026T 0.250%
  • Volume(24h): $88.7887B 4.230%
  • Fear & Greed Index:
  • Market Cap: $3.3026T 0.250%
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Synthetix
Synthetix SNX
#184
$
%(1d)

0.68 USDT

10.18%(1d)

0.67 TRY

0.35%(1d)

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Price performance

Low

High

$

$

Buy / Sell

All-time High

$28.77

Feb 14, 2021

-97.73%(1d)

All-time Low

$0.03

Jan 06, 2019

1903.59%(1d)

Volume(24h)

$9.17M

{{decimal(volume_24h_change,false,2)}}%(1d)

Turnover rate

4.09%

Market Cap

$224.1876M

FDV

$221.9M

Circulating supply

$343.47M

Total supply

$343.89M

Max supply

339.89M

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Synthetix Markets

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Exchange Pairs Price Volume (24h) Volume % Confidence Liquidity Score Earn
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Community sentiment

26%

74%

Bullish

Bearish

Lookonchain

Jun 09, 2025 at 11:19 am

READ MORE
Trader 0x11e1 turned $171K into $9.3M on $KTA in 3 months, a 54x return! He spent 91.5 $ETH($171K) to buy 6.02M $KTA about 3 months ago, which is now worth $9.3M. https://gmgn.ai/base/address/lookonchain_0x11e1005cbd67e6ea0dda1f732215d69f999b725e

From Twitter

HongKongDoll

Jun 09, 2025 at 11:15 am

READ MORE
姐姐这两年囤的 $BTC 全部放进去了 我买东西一般第一要求是好看🤭 (这条不是Onekey的广告)

From Twitter

CoinGecko

Jun 09, 2025 at 10:36 am

READ MORE
$VICE, $SOL, and $BTC are trending on CoinGecko today 🔥 Do you own any of them? http://coingecko.com/en/highlights/trending-crypto

From Twitter

Lookonchain

Jun 09, 2025 at 10:28 am

READ MORE
Meet a smart trader on $HYPE with over $38M in total profits. Trader 0xda3c has made 8 perp trades on $HYPE — all winners — earning $1.95M in total. 6 months ago, he spent $5.2M to buy 1.21M $HYPE($42.2M now) at a low price of only $4.3. Today, he sold 131,137 $HYPE($4.7M) and

From Twitter

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Synthetix Markets

Exchange Pair Price Volume (24h) Volume % Confidence Liquidity Score Earn

About Synthetix

Where Can You Buy Synthetix (SNX)?

SNX tokens can be purchased at top exchanges, such as: * [Binance](https://coinmarketcap.com/exchanges/binance/) * [OKEx](https://coinmarketcap.com/exchanges/okex/) * [Coinbase Pro](https://coinmarketcap.com/exchanges/coinbase-pro/) * [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/) If you are interested in learning more about how to buy Bitcoin, read CoinMarketCap’s full guide [here](https://coinmarketcap.com/how-to-buy-bitcoin/).

How Is the Synthetix Network Secured?

The SNX token is compatible with Ethereum’s [ERC20](https://coinmarketcap.com/alexandria/glossary/erc-20) standard. The Synthetix network is secured through proof-of-stake ([PoS](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake)) consensus. Synthetix holders [stake](https://coinmarketcap.com/alexandria/article/what-is-staking) their SNX and earn returns from the network fees. Another way for SNX stakers to earn rewards is via the protocol’s inflationary monetary policy, known as staking rewards.

How Many Synthetix (SNX) Coins Are There in Circulation?

The maximum supply of SNX is 212,424,133 coins, of which 114,841,533 SNX is in circulation as of February 2021. At the seed round and token sale stages, Synthetix sold more than 60 million tokens and was able to raise $30 million. Of the total 100,000,000 coins issued during the ICO, 20% was allocated to the team and advisors, 3% to bounties and marketing incentives, 5% to partnership incentives and 12% to the foundation.

What Makes Synthetix Unique?

Synthetix is a decentralized exchange ([DEX](https://coinmarketcap.com/alexandria/article/what-are-decentralized-exchanges-dex)) and a platform for synthetic assets. The protocol is designed in a way that exposes users to the underlying assets via synths, without having to hold the underlying asset. The platform allows users to autonomously trade and exchange synths. It also has a staking pool where holders can stake their SNX tokens and are rewarded with a share of the transaction fees on the Synthetix Exchange. The platform tracks the underlying assets using smart contract price delivery protocols called oracles. Synthetix allows users to trade synths seamlessly, without liquidity/slippage issues. It also eliminates the need for [third-party](https://coinmarketcap.com/alexandria/article/what-is-a-dao) facilitators. SNX tokens are used as collateral for the synthetic assets that are minted. This means that whenever synths are issued, SNX tokens are locked up in a smart contract. Since launch, the protocol has transitioned to the Optimistic Ethereum mainnet to help reduce the gas fees on the network and lower oracle latency.

Who Are the Founders of Synthetix?

The network was launched in September 2017 by Kain Warwick under the name Havven (HAV). About a year later the company rebranded to Synthetix. Kain Warwick is the founder of Synthetix and a non-executive director at the blueshyft retail network. Prior to founding Synthetix, Warwick has worked on several other cryptocurrency projects. He also founded Pouncer, a live auction site exclusive to Australia. Peter McKean, the project’s CEO, has over two decades of experience in software development. He previously worked as a programmer at ICL Fujitsu. Jordan Momtazi, the COO of Synthetix, is a business strategist, market analyst and sales leader with several years of experience in blockchain, cryptocurrency, digital payments and e-commerce systems. Justin J. Moses, the CTO, was the former director of engineering at MongoDB and deputy practice head of engineering at Lab49. He also co-founded Pouncer.

What Is Synthetix (SNX)?

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both [Optimism](https://coinmarketcap.com/currencies/optimism-ethereum/) and [Ethereum](https://coinmarketcap.com/currencies/ethereum/). Many user-facing protocols in the Synthetix ecosystem, such as [Kwenta](https://coinmarketcap.com/currencies/kwenta/) (Spot and Futures), [Lyra](https://coinmarketcap.com/currencies/lyra-finance/) (Options), Polynomial (Automated Options), and [1inch](https://coinmarketcap.com/currencies/1inch/) & [Curve](https://coinmarketcap.com/currencies/curve-dao-token/) (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and [LUSD](https://coinmarketcap.com/currencies/liquity-usd/), enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord. The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Synthetix News

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