Bitcoin
BTC$16 874.70

3.65%

Ethereum
ETH$1 266.25

6.98%

Tether
USDT$0.999728

0.01%

Binance Coin
BNB$296.30

-0.06%

USD Coin
USDC$0.999939

-0.03%

Binance USD
BUSD$1.000196

0.03%

Synthetix Network (SNX) Price, Market Cap and Information


Synthetix Network (SNX) Buy Synthetix Network Now
Synthetix Network (SNX) 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 91
Current price $1.70
Change 24h 2.78%
Change 7d -1.88%
Market Cap $521 990 006
Available supply 307 345 511 SNX
Volume 24h $20 031 556
Updated Wednesday, November 30, 2022 4:00:03AM UTC
Nature Token
Mineable No
Discussion
WWW Website

Synthetix Network price change 24 hours

Synthetix Network Short Term Forecast

After Price Change
1 day $1.72 1.06%

Synthetix Network Price Predictions

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, $
Nov 21 1.67 1.56 1.68 489 047 912
Nov 22 1.60 1.58 1.68 516 248 993
Nov 23 1.68 1.68 1.74 532 996 337
Nov 24 1.74 1.73 1.79 533 205 454
Nov 25 1.73 1.66 1.73 521 107 262
Nov 26 1.70 1.65 1.77 507 511 825
Nov 27 1.66 1.66 1.71 524 964 058
Nov 28 1.68 1.62 1.69 511 061 378
Nov 29 1.66 1.64 1.70 506 417 355
Nov 30 1.64 1.64 1.70 521 990 006

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 Bitcoin (BTC) BTC Bitcoin predictions 59.2% 81 $16 874.70 3.65% 1.89% $324 337 050 706 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 61.2% 79 $1 266.25 6.98% 8.69% $154 955 601 290 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $0.999728 0.01% 0.07% $65 344 934 206 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 69.6% 65 $296.30 -0.06% 8.15% $47 398 738 411 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $0.999939 -0.03% -0.04% $43 268 973 600 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 94.8% 1 $1.000196 0.03% -0.09% $22 374 674 909 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 68.4% 66 $0.401945 4.59% 6.55% $20 213 805 129 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 59.6% 85 $0.106316 5.04% 30.08% $14 104 970 590 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 62% 81 $0.313237 1.61% -1.08% $10 787 813 925 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 93.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 64.8% 72 $0.859004 3.26% -0.55% $7 502 809 463 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 66% 67 $5.39 4.32% -0.09% $6 145 246 302 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 96% 1 $0.999629 -0.07% -0.19% $5 639 262 730 DAI 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 63.2% 74 $78.44 3.69% -3.79% $5 626 037 116 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 67.2% 66 $0.053898 1.37% 5.61% $5 480 160 672 WTRX 7 days price change

News, Promo

SNX
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch

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...

13 Jul 2021

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