Market Cap:  $351,519,428,70024h Dami:  $95,705,486,961Dominance ng BTC:  57.5%Mga Cryptocurrency:  7,108Mga Market:  29,509

Synthetix Network Token (SNX)

$4.31 USD (-3.91%)
0.00039380 BTC (-3.66%)
0.01132559 ETH (-1.85%)
Earn Crypto
  • Market Cap
    $427,159,839 USD
    39,064 BTC
    1,123,446 ETH
  • Dami (24 na oras)
    $79,675,117 USD
    7,286 BTC
    209,548 ETH
  • Umiikot na Supply
    99,195,336 SNX
  • Kabuuang Supply
    202,161,397 SNX

Tungkol sa Synthetix Network Token

What is Synthetix?

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).

Presyo ng Synthetix Network Token

Presyo ng Synthetix Network Token$4.31 USD
ROI ng Synthetix Network Token
Ranggo sa Merkado#39
Market Cap$427,159,839 USD
Dami sa loob ng 24 Oras$79,675,117 USD
Umiikot na Supply99,195,336 SNX
Kabuuang Supply202,161,397 SNX
Sagad na SupplyWalang Datos
$7.86 USD
(Sep 01, 2020)
$0.032420 USD
(Jan 05, 2019)
52 Linggong Mataas / Mababa
$7.86 USD /
$0.305089 USD
90 Araw na Mataas / Mababa
$7.86 USD /
$0.858215 USD
30 Araw na Mataas / Mababa
$7.86 USD /
$4.15 USD
7 Araw na Mataas / Mababa
$7.86 USD /
$4.28 USD
24 Oras na Mataas / Mababa
$7.66 USD /
$4.28 USD
Mataas / Mababa Kahapon
$4.74 USD /
$4.39 USD
Pagbubukas / Pagsasara Kahapon
$4.49 USD /
$4.56 USD
Pagbabago Kahapon$0.070005 USD (1.56%)
Dami Kahapon$72,141,085 USD
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