Cryptocurrency profile · SNX
Synthetix
$0.216 USD
- Market cap rank
- 238
- Market cap
- 123,794,850
- Circulating supply
- 580,980,590
- Max supply
- —
About Synthetix
Synthetix is a decentralized perpetual futures protocol built on Ethereum Mainnet. It uses a hybrid design combining off-chain order matching on a high-performance CLOB with on-chain settlement to deliver low latency, deep liquidity, and MEV-resistant execution while keeping custody and finality on Ethereum. The protocol's liquidity is provided by the Synthetix Liquidity Provider (SLP) vault and backstopped by staked SNX collateral, which underwrites the issuance of the sUSD stablecoin and the solvency of the SLP vault.
- Synthetix uses a hybrid design with off-chain order matching and on-chain settlement.
- The protocol's liquidity is backstopped by staked SNX collateral.
- SNX collateral underwrites the issuance of the sUSD stablecoin.
- Synthetix is built on Ethereum Mainnet and supports multiple ecosystems including Avalanche, Polygon, and Optimism.
- The protocol is categorized under Decentralized Exchange (DEX), Derivatives, and Synthetic Issuer.
- Launch date
- March 11, 2018
- Token standard
- native
Local market
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Mid-market rate
1 SNX = 0.216 USD
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Buy SNX instead
| Exchange | Price | Payment | |
|---|---|---|---|
| Kraken Best rate CEX · 2m · Funding terms not covered yet | 0.2159 USD | Funding terms not covered yet | Sell Sell here |
| CEX.IO CEX · 2m · E-wallet · PayPal | 0.2158 USD | E-wallet · PayPal Fee: 3.99% + 5.00 USD Requires: Identity verification Daily limits: 20.00 – 10,000.00 USD Official source | Sell Sell here |
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