SNX Price Today
Synthetix Network price today is $1.76 with a 24-hour trading volume of $16,682,177. SNX price is up 1.2% in the last 24 hours. It has a circulating supply of 240 Million SNX coins and a total supply of 308 Million. If you are looking to buy or sell Synthetix Network, Bitget is currently the most active exchange.
What is Synthetix?
Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix Ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum Mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2 which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3 which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.
Where can Synthetix Network be traded?
You can trade Synthetix Network on Bitget, Coinbase Exchange, and Coinsbit. Popular trading pairs for Synthetix Network in the market includes SNX/USD, SNX/CAD, SNX/AUD, SNX/GBP, SNX/INR, and SNX/PHP.
What is the 24 hour trading volume of Synthetix Network?
The 24 hour trading volume of Synthetix Network is $16,682,177.
What is the highest price for Synthetix Network?
The all-time high price of Synthetix Network is $28.53 on Feb 14, 2021 (almost 2 years).
What is the lowest price for Synthetix Network?
The all-time low price of Synthetix Network is $0.034786397307 on Jan 06, 2019 (almost 4 years).