Crypto
Synthetix
SNX
Synthetix
#146
$0.7047
4.47%
≈$0.7047
Coinbase Pro
Governance
Coinbase50
Trading Volume / 24H%
$8.72M
4.47%
24H Turnover Rate
3.63%
Market Cap
$242.04M
FDV (Fully Diluted Valuation)
$242.34M
Circulating Supply
343.47M SNX
Circulation Ratio
99.9%
24 Hours
4.47%
7D
-9.12%
3 Months
-3.89%
6 Months
-76%
1 Year
-72%
All
- -
Underlying Chain
GoPlus
Ethereum,Fantom
Core Algorithm
Consensus Mechanism
Project Launch Date
2018-03-15
Initial Issuance Method
Official Website
Social Media
Social Media
Blockchain Explorer
Blockchain Explorer
Market Cap
$242,041,932.48
Market Cap Ratio
<0.01%
FDV (Fully Diluted Valuation)
$242,340,468.95
Circulating Supply
343,466,216 SNX
Total Supply
343,889,850 SNX
Circulation Ratio
99.9%
Maximum Supply
343,889,850 SNX
Trading Start Date
2018-03-21
Number of Listed Exchanges
52
Initial Price
$0.5
Project Information
View More
Synthetix is a new flavor of decentralized exchange. There are three key differences relative to most other DEXes:
1.Traders trade against pooled community collateral and not any specific counterparty
2.Traders buy and sell synthetic assets, marked to market by offchain oracles
3.Traders have native access to derivatives and investable baskets
The SNX token acts as a foundation and backbone for this model. Before traders can participate, SNX investors stake their tokens to mint liquidity for the network. When traders execute a transaction, they pay a fee to trade against the stakers. A trader's profit adds to the global debt pool and a trader's loss subtracts from it.
| Token Economy | Quantity | Percentage |
|---|---|---|
Flow mining | 125.76M | 59.2% |
ICO investors | 52.04M | 24.5% |
partners | 17.42M | 8.2% |
The founder of | 10.41M | 4.9% |
Did not say | 4.25M | 2% |
Incentives and rewards | 2.55M | 1.2% |
Unlock Event
Small Unlock
| Date | Unlocked Tokens | Market Capitalization Ratio | Allocation Details |
|---|
Related Information
Upbit Suspends SNX Deposits Amid Volatility and Investment Warning
CoinPedia
2025.04.24 08:06
Synthetix proposes $27 million token swap to acquire options protocol Derive
The Block
2025.05.14 06:29