Synthetix Network (SNX) is a decentralized finance platform (DeFi) that enables the creation and trading of synthetic assets on the Ethereum blockchain.
These synthetic assets, called Synths, can represent real assets such as currencies, stocks or commodities.
The SNX token is used as collateral to issue Synths and participate in network governance, offering staking and revenue opportunities for holders.
Synthetix enables users to access a wide range of assets without owning the underlying assets. Buy SNX securely with Coinhouse.
Price Synthetix Network (SNX)
€ 0,80
+1.5 %
Information on the price
Price variation (24h)
+1.5 %All-time high
€ 23,54
Trading volume (24h)
€ 4 093 248
Price variation (7d)
+4.4 %All-time low
€ 0,03
Diluted valuation
€ 272 266 043
Price variation (30d)
-13.2 %Circulating supply
339 466 216,99 SNX
Total supply
339 889 850,09 SNX
Price variation (200d)
-33.3 %Market capitalization
€ 271 926 695
Max supply
339889850.0887736 SNX
Trading opportunity
Suggested entry price
Suggested entry price SNX
Recommendation
Recommendation SNX
What is Synthetix Network ?
Synthetix Network
History
Synthetix, first launched as a Havven in 2017, has evolved into an innovative DeFi platform on Ethereum.
It enables the creation of synthetic digital assets that mimic other assets.
In 2018, the project diversified beyond stablecoins by introducing a variety of synthetic assets, including sGold.
Synthetix is rapidly gaining in popularity and expanding its functionality, experiencing remarkable growth in terms of exchange volume and token value.
Staking is possible on the platform: https: //staking.synthetix.io/.
Who are the founders of Synthetix Network
Founder of Synthetix, Kain Warwick is an Australian entrepreneur.
Prior to Synthetix, he launched blueshyft, an innovative cash payment platform for cryptocurrencies, contributing to the accessibility of blockchain.
Who are the investors of Synthetix Network
Why invest in Synthetix Network
With a significant increase in the value of its token in 2023 and 2024, Synthetix presents itself as a dynamic and growing player in the DeFi space.
The platform offers investment opportunities in a wide range of innovative synthetic assets.
€ 0,80
SNX
Frequently Asked Questions
Your questions Synthetix Network
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What is Synthetix Network (SNX)?
Synthetix Network is a decentralized finance platform (DeFi) that enables the creation and exchange of synthetic assets on Ethereum.
What role does the SNX token play in Synthetix?
The SNX token is used as collateral to issue synthetic assets and for protocol governance.
Why is Synthetix important in the DeFi world?
Synthetix is recognized for its innovative contribution to DeFi, thanks in particular to its easy exchange of synthetic assets.
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