Synthetix Network
SNX
Rank #280
0.7
24h
24h:
-4.51%
7d:
-3.58%
30d:
-8.59%
Market Cap
237.33M
24h:
-4.53%
Volume
21.95M
Circulating Supply
339.47M SNX
Total Supply
339.89M SNX
Synthetix is a decentralized protocol offering asset insurance and facilitating the minting and trading of diverse derivatives, from commodities and fiat currencies to stocks and popular cryptocurrencies like BTC. Its unique synthetic assets, called Synths, are backed by the Synthetix Network Token (SNX), enhancing liquidity and accessibility to both traditional assets and novel trading techniques. Additionally, binary options offer users positions on binary outcomes over set durations.
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