Synthetix Network (SNX) Price, Market Cap and Information
| Synthetix Network (SNX) | Buy Synthetix Network Now |
|---|---|
 |
Synths are tokens that provide exposure to assets such as gold, Bitcoin, U.S. Dollars, TESLA (coming soon), and AAPL (coming soon) within the Ethereum blockchain. |
| CVIX | 41 |
| Current price | $2.59 |
| Change 24h | -0.87% |
| Change 7d | -9.82% | Market Cap | $849 635 881 |
| Available supply | 327 769 196 SNX |
| Volume 24h | $13 766 752 |
| Updated | Sunday, May 12, 2024 4:02:58PM UTC |
| Nature | Token |
| Mineable | No |
| Discussion | |
| WWW | Website |
Synthetix Network price change 24 hours
Synthetix Network Short Term Forecast
| After | Price | Change |
| 1 day | $2.37 | -8.54% |
|---|
Synthetix Network General Information
General SNX facts, technical details and Synthetix Network Cryptocurrency information
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).
Synthetix Network Historical Data – 10 days
| Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
|---|---|---|---|---|
| May 03 | 2.66 | 2.66 | 2.84 | 931 126 993 |
| May 04 | 2.84 | 2.82 | 2.87 | 925 488 130 |
| May 05 | 2.81 | 2.78 | 2.87 | 928 870 344 |
| May 06 | 2.84 | 2.78 | 2.94 | 912 330 413 |
| May 07 | 2.77 | 2.67 | 2.78 | 874 362 739 |
| May 08 | 2.62 | 2.55 | 2.62 | 836 516 384 |
| May 09 | 2.55 | 2.51 | 2.68 | 876 898 714 |
| May 10 | 2.66 | 2.58 | 2.73 | 847 814 462 |
| May 11 | 2.58 | 2.57 | 2.62 | 845 314 653 |
| May 12 | 2.56 | 2.55 | 2.59 | 849 635 881 |
SNX/USD Price Charts
SNX to USD price chart – 7 days
SNX to USD price chart – 30 days
SNX to USD price chart – 60 days
SNX to USD price chart – 6 months
* Crypto Rating accepts no liability for any errors in the Synthetix Network information, SNX Prices and SNX's Market Cap. For the most up-to-date prices please visit the Synthetix Network's official website.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 88.8% | 13 | $61 377.42 | 0.31% | -4.82% | $1 208 972 372 405 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 87.2% | 18 | $2 936.77 | 0.42% | -7.08% | $352 739 262 148 |  |
|
| 3 |  USDT |
Tether predictions | 92% | 1 | $0.999669 | 0% | -0.06% | $110 803 269 505 |  |
|
| 4 |  BNB |
Binance Coin predictions | 88.4% | 15 | $595.04 | 0.63% | 0.25% | $87 819 672 034 |  |
|
| 5 |  SOL |
Solana predictions | 84.8% | 29 | $145.07 | -0.28% | -1.65% | $65 069 010 983 |  |
|
| 6 |  USDC |
USD Coin predictions | 92.4% | 1 | $1.000055 | 0% | -0.01% | $33 131 073 409 |  |
|
| 7 |  XRP |
XRP predictions | 91.6% | 13 | $0.504902 | -0.36% | -5.09% | $27 950 973 906 |  |
|
| 8 |  TON |
Toncoin predictions | 74% | 50 | $6.99 | 2.34% | 17.06% | $24 285 623 604 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 82% | 32 | $0.143055 | -1.02% | -11.71% | $20 637 259 917 |  |
|
| 10 |  ADA |
Cardano predictions | 88% | 16 | $0.441550 | -0.44% | -4.76% | $15 747 346 516 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 74% | 44 | $0.000023 | -0.50% | -9.60% | $13 312 823 062 |  |
|
| 12 |  AVAX |
Avalanche predictions | 81.6% | 31 | $33.67 | -0.23% | -10.08% | $12 846 008 959 |  |
|
| 13 |  TRX |
TRON predictions | 81.2% | 31 | $0.126774 | 0.61% | 4.45% | $11 090 463 403 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 82.4% | 31 | $0.126388 | -0.06% | 3.96% | $11 056 704 288 |  |
|
| 15 |  STETH |
Lido stETH predictions | 94.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
The SNX/USD exchange reached $13.76 on Monday for the first time since June 3. Synthetix (SNX) prices reached a one-month high on Monday as traders looked...
