Synthetix is a decentralized synthetic asset issuance protocol built on Ethereum and Optimism. These synthetic assets are collateralized by the Synthetix Network Token (SNX) which when locked in the contract enables the issuance of synthetic assets (Synths)
Synthetix NetworkSNX
Live Synthetix Network price updates and the latest Synthetix Network news.
price
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$0.698
$0
(0%)
24h low
$0.66
24h high
$0.70
The live Synthetix Network price today is $0.70 with a 24-hour trading volume of $13.98M. The table above accurately updates our SNX price in real time. The price of SNX is up 0.32% since last hour, up 3.34% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $239.98M. SNX has a circulating supply of 343.47M coins and a max supply of 343.89M SNX.
about Synthetix Network
What is Synthetix Network?
Synthetix Network Stats
What is the market cap of Synthetix Network?
The current market cap of Synthetix Network is $239.82M. A high market capitalization implies that the asset is highly valued by the market.
What is the current trading activity of Synthetix Network?
Currently, 20.03M of SNX were traded within 24 hours of time. In other words, $13.98M have changed hands within the past 24 hours through trading. That's a change of 3.34%.
What is the current price of Synthetix Network?
The price of 1 Synthetix Network currently costs $0.70.
How many Synthetix Network are there?
The current circulating supply of Synthetix Network is 343.47M. This is the total amount of SNX that is available.
What is the relative popularity of Synthetix Network?
Synthetix Network (SNX) currently ranks 315 among all known cryptocurrency assets. The popularity is based on relative market cap.
market data
Market Cap
$ 239.82M
3.34 %
Market Cap Rank
#315
24H Volume
$ 13.98M
Circulating Supply
340,000,000
recent research
Research
We believe that few tokens at the application layer are diverging more from fundamentals than ZORA. Its fully-diluted P/S sits at 90x, pricing significant growth despite a consistent decline in weekly revenues since late July. We foresee an 80% decrease in protocol net margins due to a recent update to the fee structure that reduces trading fees from 3% to 1%, while boosting creators’ portion of the fee split. ZORA’s supply overhang also represents a near-term headwind, with 45% of ZORA’s supply (4.5B tokens or $350M at current prices) earmarked for the team & investors beginning to unlock on October 23, 2025 (36-month linear vesting schedule).
Research
Figure, founded by former SoFi CEO Mike Cagney, has emerged as a leader in onchain RWAs, with ~$17.5B publicly tokenized. The platform’s ecosystem volume is growing ~40% YoY as it expands beyond HELOCs into student loans, DSCR loans, unsecured loans, bankruptcy claims, and more. Operationally, Figure cuts average loan production cost by ~93% and compresses median funding time from ~42 days to ~10, creating a durable speed-and-cost advantage.