Synthetix Synthetix

SNX price
2.93081 USD 5.79% 0.00017692 BTC

Financial indicators SNX

  • Rank: 63
  • Market Cap: 684978000 $
  • 24 Hour Volume: 78134100 $
  • Total Supply: 291657000
  • Circulating Supply: 233717000 (80%)
  • Max Supply: 212424000

What is Synthetix?

Synthetix is a decentralized finance (DeFi) protocol that provides on-chain exposure to a wide variety of crypto and non-crypto assets. The protocol is based on the Ethereum (ETH) blockchain and offers users access to highly liquid synthetic assets (synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

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