Synthetix Network (SNX) Price, Market Cap and Information
| Synthetix Network (SNX) | Buy Synthetix Network Now |
|---|---|
 |
Synths are tokens that provide exposure to assets such as gold, Bitcoin, U.S. Dollars, TESLA (coming soon), and AAPL (coming soon) within the Ethereum blockchain. |
| CVIX | 51 |
| Current price | $2.07 |
| Change 24h | -2.68% |
| Change 7d | -11.73% | Market Cap | $544 726 639 |
| Available supply | 262 717 930 SNX |
| Volume 24h | $20 444 524 |
| Updated | Thursday, June 8, 2023 9:00:08PM UTC |
| Nature | Token |
| Mineable | No |
| Discussion | |
| WWW | Website |
Synthetix Network price change 24 hours
Synthetix Network Short Term Forecast
| After | Price | Change |
| 1 day | $1.82 | -12.25% |
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Synthetix Network General Information
General SNX facts, technical details and Synthetix Network Cryptocurrency information
Synthetix is a derivatives liquidity protocol on Ethereum that enables 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 (and unlike the other synthetic assets, is fixed at 1). A wide variety of Synths exists within Synthetix, including fiat currencies, cryptocurrencies, commodities, and inverse indexes.
In principle, the system can support any asset with a clear price and provides on-chain exposure to an unlimited range of real-world assets. The protocol will enable a variety of trading features including binary options, futures, and more.
How does Synthetix work?
Synthetix is otherwise composed of a smart contract infrastructure and a set of incentives that maintains Synth prices. It is underpinned by the value of the Synthetix Network Token (SNX). SNX acts as collateral; staking a proportional value of SNX is required to mint Synths. Stakers are rewarded for supporting the system with a pro-rata share of the fees generated by activity in the system. The value of SNX is thus directly connected with the usage of the network it collateralizes.
This mechanism allows Synthetix to support instantaneous, near-frictionless conversion between different flavors of Synths without the liquidity and slippage issues experienced by other decentralized exchanges. The resulting network of tokens supports an extensive set of use cases including trading, loans, payments, remittance, eCommerce, and more.
Synthetix was launched in late 2017, originally under the name of Havven (HAV).
Synthetix Network Historical Data – 10 days
| Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
|---|---|---|---|---|
| May 30 | 2.41 | 2.39 | 2.46 | 626 322 334 |
| May 31 | 2.41 | 2.31 | 2.42 | 603 059 201 |
| Jun 01 | 2.33 | 2.31 | 2.38 | 608 226 269 |
| Jun 02 | 2.33 | 2.33 | 2.40 | 623 935 783 |
| Jun 03 | 2.38 | 2.34 | 2.38 | 615 591 747 |
| Jun 04 | 2.35 | 2.34 | 2.39 | 624 743 660 |
| Jun 05 | 2.36 | 2.24 | 2.38 | 585 612 450 |
| Jun 06 | 2.24 | 2.21 | 2.32 | 598 029 560 |
| Jun 07 | 2.30 | 2.11 | 2.30 | 551 377 780 |
| Jun 08 | 2.11 | 2.07 | 2.15 | 544 726 639 |
SNX/USD Price Charts
SNX to USD price chart – 7 days
SNX to USD price chart – 30 days
SNX to USD price chart – 60 days
SNX to USD price chart – 6 months
* Crypto Rating accepts no liability for any errors in the Synthetix Network information, SNX Prices and SNX's Market Cap. For the most up-to-date prices please visit the Synthetix Network's official website.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 93.2% | 3 | $26 626.63 | 1.00% | -0.87% | $516 464 609 849 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 92.8% | 1 | $1 852.70 | 0.57% | -0.88% | $222 751 849 771 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $1.000082 | 0% | -0.01% | $83 308 309 639 |  |
|
| 4 |  BNB |
Binance Coin predictions | 91.6% | 11 | $264.73 | 1.73% | -13.08% | $41 259 245 686 |  |
|
| 5 |  USDC |
USD Coin predictions | 95.6% | 1 | $1.000009 | 0.01% | 0% | $28 440 495 970 |  |
|
| 6 |  XRP |
XRP predictions | 69.6% | 56 | $0.527114 | 0.42% | 3.72% | $27 403 076 118 |  |
|
| 7 |  ADA |
Cardano predictions | 90% | 7 | $0.324988 | 0.50% | -11.23% | $11 342 559 631 |  |
|
| 8 |  STETH |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 92.8% | 8 | $0.067988 | 0.78% | -5.23% | $9 497 028 333 |  |
|
| 10 |  WTRX |
Wrapped TRON predictions | 73.2% | 51 | $0.077603 | 0.68% | 3.24% | $7 890 342 183 |  |
|
| 11 |  SOL |
Solana predictions | 89.6% | 16 | $19.03 | 0.73% | -8.01% | $7 576 221 922 |  |
|
| 12 |  MATIC |
Polygon predictions | 84.8% | 16 | $0.782857 | 1.43% | -12.13% | $7 272 328 244 |  |
|
| 13 |  TRX |
TRON predictions | 74.8% | 49 | $0.077825 | 1.34% | 3.80% | $7 015 200 066 |  |
|
| 14 |  LTC |
Litecoin predictions | 78.4% | 38 | $88.60 | -0.41% | -6.51% | $6 476 473 067 |  |
|
| 15 |  DOT |
Polkadot predictions | 90.4% | 6 | $5.03 | -0.02% | -3.69% | $5 997 807 752 |  |
The SNX/USD exchange reached $13.76 on Monday for the first time since June 3. Synthetix (SNX) prices reached a one-month high on Monday as traders looked...
