Synthetix Network Token

Synthetix Network Token snx

Historical Data for Synthetix Network Token

DateOpenHighLowCloseChange %
28 Nov 20221.681.711.611.67-0.595%
27 Nov 20221.751.751.651.68-4%
26 Nov 20221.661.771.651.755.422%
25 Nov 20221.741.81.661.66-4.597%
24 Nov 20221.721.761.691.741.163%
23 Nov 20221.721.751.571.69-1.744%
22 Nov 20221.611.621.551.610%
21 Nov 20221.781.791.61.61-9.55%
20 Nov 20221.711.781.71.784.094%
19 Nov 20221.741.761.71.7-2.298%

SNX Price Live Data

Synthetix Network Token price today is USD 1.68 and the trading volume in 24 hour is USD 19,130,846. Price change in the SNX price in the last 24 hour is 0.022 . It has a circulating supply of 240,495,062.788 coins and a total supply of 308,069,419.089. Total market cap of the SNX is USD 400,074,849 which has the movement of 0.852 in the last 24 hours

What is Synthetix (SNX)?

Synthetix is an Ethereum-based decentralized application(Dapp) that allows users to obtain exposure to assets (cryptocurrencies, gold, and equities) without holding the underlying item. Synthetic assets (Synths) are backed by Synthetix Network Token (SNX), the platform's cryptocurrency. SNX can be staked as collateral to create incentives

The Team Behind Synthetix

The network was launched in September 2017 by Kain Warwick under the name Havven. (HAV). The company's name was changed to Synthetix after a year. Before founding Synthetix, Warwick worked on several other cryptocurrency projects. Peter McKean, the project's CEO, has over two decades of experience in software development. He formerly worked at ICL Fujitsu as a programmer

Top Value Drivers For Synthetix

The main reasons to invest in Synthetix include: - The protocol is built so that users can access the underlying assets through synthesizers without holding the underlying asset themselves. - It is helpful for customers who do not have access to overseas equities such as Tesla. Synthetix allows users to obtain exposure to such assets. - On the Synthetix Exchange, holders can stake their SNX tokens in exchange for a part of transaction fees

FAQs

The current price of Synthetix Network Token is USD 1.68.

Highest and lowest price of Synthetix Network Token is USD 1.69 and USD 1.62 respectively.

The total supply of Synthetix Network Token is 308,069,419.089 and circulating supply of Synthetix Network Token is 240,495,062.788

The trading volume of Synthetix Network Token is 19,130,846 in the last 24 hours.