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Market cap: $2.62T ↓0.9% 24h volume: $76.8B BTC dominance: 60.0% BTC: $78,388 ↑1.9% ETH: $2,321 ↑2.6% Fear & Greed: 34 Fear Updated

Coins

Synthetix SNX

#268

$0.179+2.8% 24hMarket cap $102M24h volume $3.06M

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Overview

About Synthetix

Market cap
$102M
#268 on the market
Volume 24h
$3.06M
3.0% of market cap
Circulating
581M SNX
168.4% of max
Launched
11 Mar 2018
8 years
All-time high
$28.53
13 Feb 2021 · −99.4% from ATH
All-time low
$0.0348
5 Jan 2019
Type
Exchange token
DEX
  • Decentralized Exchange (DEX)
  • Exchange-based Tokens
  • Decentralized Finance (DeFi)
  • Yield Farming
  • +8

Website ↗ · Explorer ↗ · X ↗ · GitHub ↗

On Polarly: flexible rates up to 5.0% on 5 exchanges, fixed up to 2.1%

Project description

Synthetix is a decentralized perpetual futures protocol built on Ethereum Mainnet. Synthetix uses a hybrid design — off-chain order matching on a high-performance CLOB with on-chain settlement — to deliver low latency, deep liquidity, and MEV-resistant execution while keeping custody and finality on Ethereum. Traders get CEX-like performance with on-chain security and composability. The protocol’s liquidity is provided by the Synthetix Liquidity Provider (SLP) vault and backstopped by staked SNX collateral, which underwrites the issuance of the sUSD stablecoin and the solvency of the SLP vault.

Source: CoinGecko

Earn on SNX (9)

Flexible rates · 5

Exchange APY Link to the exchange
OKX 5.0%
Gate 1.2%
Bybit 0.8%
Bitget 0.5%
Binance 0.5%

Fixed rates · 4

Exchange Term APY Link to the exchange
WhiteBIT 360 d 2.1%
WhiteBIT 180 d 1.9%
WhiteBIT 90 d 1.7%
WhiteBIT 30 d 1.2%

The effective rate for your amount is in the Polarly app's calculator. Partner link.

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Questions and answers

What is the best Earn rate for SNX?
The best flexible rate is 5.0% on OKX: you can withdraw at any time.
What is the fixed-term Earn rate for SNX?
The highest is 2.1% on WhiteBIT, term 360 d; the funds are locked until the end of the term.
Which exchanges let you stake SNX?
9 products on 6 exchanges: OKX, Gate, Bybit, Bitget, Binance, WhiteBIT.
What is Synthetix (SNX)?
Synthetix is a decentralized perpetual futures protocol built on Ethereum Mainnet. Synthetix uses a hybrid design — off-chain order matching on a high-performance CLOB with on-chain settlement — to deliver low latency, deep liquidity, and MEV-resistant execution while keeping custody and finality on Ethereum. Categories: Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Yield Farming, Derivatives, Synthetic Issuer, Avalanche Ecosystem, Polygon Ecosystem, Near Protocol Ecosystem, Fantom Ecosystem, Harmony Ecosystem, Ethereum Ecosystem.
How many SNX are there and what is the maximum supply?
581M SNX are in circulation out of a maximum of 345M (168.4%).
What is the all-time high price of SNX?
$28.53 (13 Feb 2021). This is a historical value, not the current price. The price is now $0.179, 99.4% below the high.

Launchpools with SNX

There have been no launchpools with SNX