Synthetify Price (SNY)
Synthetify to USD Chart
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SNY Price Live Data
The live Synthetify price today is $4.75 USD with a 24-hour trading volume of $363,010 USD. We update our SNY to USD price in real-time. Synthetify is down 1.96% in the last 24 hours. The current CoinMarketCap ranking is #748, with a live market cap of $26,704,017 USD. It has a circulating supply of 5,625,000 SNY coins and a max. supply of 100,000,000 SNY coins.
If you would like to know where to buy Synthetify, the top exchanges for trading in Synthetify are currently FTX, Gate.io, ZT, Raydium, and Hotbit. You can find others listed on our crypto exchanges page.
What is Synthetify protocol?
Synthetify protocol enables creation, exchange and burn of synthetic assets based on prices provided by a decentralized system of oracles. On Synthetify exchange trading is executed against the public debt pool that allows for almost infinite liquidity and zero slippage even during big trades. Participants of the debt pool earn pro rata exchange fees for acting as counterparties during trades. Debt pool participants need to constantly hold sufficient collateral in Synthetify tokens (SNY) to ensure platform stability.
What is Synthetify token used for?
Synthetify (SNY) is anticipated to hold the following utility: * Collateral for creation of synthetic assets on Synthetify. * Discount for performing swaps on Synthetify. * In the future SNY will represent vote in governance decisions.
How many SNY will be distributed?
The initial distribution of SNY is presents as follows:
- Private Sale 6%
- Team 20%
- Ecosystem Reserves 30%
- Exchange Liquidity 2.4%
- IEO/IDO 1%
- Ecosystem Incentivised Fund 20%
- Liquidity Mining 10.6%
- Synthetify Debt Pool 10%
Total supply: 100,000,000
*Team, Family and Private Sale tokens are subject to 4 years lockup program. In the future Synthetify will introduce perpetual inflation
Who Are the Founders of Synthetify?
Synthetify is built by a group of experienced blockchain developers to deliver safe and reliable blockchains systems. The company’s CEO and founder is Norbert Bodziony. We launched the project in 2020 in Poland and created a company, Synthetify Labs, in April, 2021. The Synthetify team participated in both Solana hackathons gaining 3rd place on the first one and 2nd place on the second Hackathon in 2021. Our primary focus is always on our product and user experience.
Where Can I Buy SNY?
SNY is available on a growing number of exchanges, with stablecoin pairs currently available. SNY/USDC pairs are offered on:
SNY to USD Converter
SNY Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||0.01359|
|Fully Diluted Market Cap||$474,738,075.36|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighSep 09, 2021 (a month ago)
All Time LowJul 14, 2021 (3 months ago)
|Synthetify ROI||No Data|
|Circulating Supply||5,625,000 SNY|
|Total Supply||100,000,000 SNY|
|Max Supply||100,000,000 SNY|