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)
Live Synthetix Network price updates and the latest Synthetix Network news.
The live Synthetix Network price today is $3.59 USD with a 24-hour trading volume of $383.49K USD. The table above accurately updates our SNX price in real time. The price of SNX is down -1.02% since last hour, down -5.4% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $0.04 USD. SNX has a circulating supply of 327.14M coins and a max supply of 327.87M SNX.
What is Synthetix Network?
Market Cap Rank
Get the daily newsletter that helps thousands of investors understand the markets.
Tokenized assets reflect crypto's growth as a legitimate asset class and the adoption of blockchain technology by traditional financial players and markets. They appeal to a different vertical beyond niche crypto circles, by allowing institutions to increase efficiency and lower costs and emerging market retail users to access foreign debt, equity, and currencies.
What is the market cap of Synthetix Network?
The current market cap of Synthetix Network is $1.17B. A high market capitalization implies that the asset is highly valued by the market.
What is the current trading activity of Synthetix Network?
Currently, 81.06M of SNX were traded within 24 hours of time. In other words, 81.06M have changed hands within the past 24 hours through trading. That's a change of -5.40%.
What is the current price of Synthetix Network?
The price of 1 Synthetix Network currently costs $3.59.
How many Synthetix Network are there?
The current circulating supply of Synthetix Network is 327.14M. This is the total amount of SNX that is available.
What is the relative popularity of Synthetix Network?
Synthetix Network (SNX) currently ranks 59 among all known cryptocurrency assets. The popularity is based on relative market cap.