SNX

Synthetix price

SNX
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$5.36

-$0.065 (-1.20%)

24H
  • 1H
  • 24H
  • 1W
  • 1M
  • 1Y
  • ALL
ALL
1Y
1M
1W
24H
1H
Market cap
$1.07B
Volume (24h)
$52.83M
Circulating supply
199,138,787

Trade

Spot
Margin
Contract
Options
PairPriceChangeAction
SNX/USDT
₮5.36$5.37
-1.20%
Learn about spot
Overview
Analysis

About Synthetix (SNX)

Synthetix is a derivatives liquidity protocol launched on Ethereum in 2018 to enable the issuance and trading of synthetic assets. Each synthetic asset (or Synth) is an ERC20 token which tracks the price of an external asset — for example, each sUSD token tracks the price of the US dollar. A wide variety of Synths exists within Synthetix, including fiat currencies, cryptocurrencies, commodities, and inverse indexes and In principle the system can provide on-chain exposure to an unlimited range of real-world assets. Synths are collateralized by the Synthetix Network Token (SNX) which gets staked in a smart contract and entitles stakers to receive fees generated by Synth trading volume.

Learn more about Synthetix (SNX)

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About the founders

Justin MosesCTO

Justin is a former Director of Engineering at MongoDB and has significant experience designing and deploying high availability systems at scale.

Jordan MomtaziVP Partnership

Jordan has extensive experience in sales and business development in online payments, he structured numerous enterprise deals while at Paypal. He is deeply interested in blockchain technology and it's ability to change business and social structures. Understanding human behaviour and social psychology is a key interest which plays out in his focus on finding value through partnerships.

Mikael SundelinVP Operations

Mikael has over ten years of experience managing strategy, regulator relationships and communications for top-tier gambling firms Unibet and myLotto24. With a passion for customer experience and client value, He has lead and delivered a number of projects from scratch within a multinational stakeholder-driven domain. He has also worked within a multi-brand environment and know the challenges and opportunities very well.

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Synthetix price statistic

Price today
Synthetix price
$5.36
Price change (24h)
-$0.065
-1.20%
Low and high (24h)
$5.21Low
$5.50High
Volume (24h)
$52.83M
Circulating supply
199,138,787
Market cap
$1.07B

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