Synthetix Network Token
Synthetix Network TokenSNX
$ 8.62Latest price
-1.45 %Change 24H
$ 1.99 BMarket cap
SNX 6.19 MVolume 24H

Synthetix Network Token Quick overview

Synthetix is a derivatives liquidity protocol on Ethereum that enables the issuance and trading of synthetic assets.

What is Synthetix Network Token?

  • 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).
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Synthetix Network Token
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