Synthetix Network Token icon Synthetix Network Token
Price Chart and SNX News

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Synthetix Network Token icon

Ranked # 103

Price

$2.97 (-3%)

All Time High

$28.53 (-90%)


Market Cap

$976,025,675

Volume (24h)

35,095,759

Circulating Supply

327,769,196 SNX

Max Supply

328,193,104 SNX

Today's Synthetix Network Token Price Summary

Synthetix Network Token's price today is $2.97 USD, with a 24-hour trading volume of $35,095,759 USD. SNX is down -2.70% in the last 24 hours. Synthetix Network Token is currently ranked #103 with a market capitalization of $976,025,675 USD.

About Synthetix Network Token

Synthetix Network was created in 2018 by Kain Warwick and the Synthetix Foundation on the Ethereum Network. In 2020 Synthetix quickly gained traction as one of the most important Decentralized Finance projects, overtaking popular projects like Compound, Maker DAO, and Dharma.

The network was originally designed as a decentralized payment network under the name of Havven and was powered by the HAV stablecoin. As time passed on, the team behind the project decided that the project could expand its scope, renaming it "Synthetix Network" in the process.

Now, the platform is focused on creating synthetic tokens, effectively allowing users to bet on the price of a cryptocurrency without the need to hold it. This can be done by collateralizing the newly minted synthetic token with Synthethix’s token: SNX.

The SNX token can also be used to earn rewards by staking using the “exchange rewards” and “staking reward” mechanisms, incentivizing users to hold their tokens and creating scarcity as a result.

Check out our in-depth article on "What is Synthetix Network Token (SNX)" to learn more about it.

What is Synthetix Network Token All-Time High price (ATH)?

On February 14th, 2021 01:12:38 AM, Synthetix Network Token hit a historic high of $28.53 USD. It has been about 3 years ago since Synthetix Network Token reached its peak.

What is Synthetix Network Token All-Time Low price (ATL)?

On January 6th, 2019 12:00:00 AM, Synthetix Network Token reached a bottoming price of $0.0347864000 USD. About 5 years ago has passed Synthetix Network Token has seen such a low price.

Learn More About Synthetix Network Token
Synthetix Network Token Links & Sources

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add active $2.97  on  May 28, 2024 


Community Posts

Synthetix Network Token icon Synthetix Network Token  at  $15.63  on  Jan 20, 2021

Congrats to Synthetix for launching SNX #staking on optimistic Ethereum L2 mainnet. This marks a huge next step not only for Synthetix, but the entire Ethereum ecosystem, as OΞ is the first scaling solution with full cross-layer porting capabilities for smart contracts without rewriting them. blog.synthetix.io/...unch/

SNX staking live on Optimistic Ethereum L2!

A guide on how to migrate your SNX to OΞ on L2!

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