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Synthetix Network Token (Ethereum)

SNX

SNX is the governance and utility token for the Synthetix derivatives platform.

Risk Rating
Average
$0.70
1.67%
What is Synthetix Network Token (Ethereum)?
Information
Blockchain
  • Ethereum
Key Metrics
  • Market Cap: $239.5M
  • Fully Diluted Valluation: $239.8M
  • FDV / MC: 1
  • Ranking inside Exponential (excluding stables): #49
  • Circulating Supply: 343,466,217
  • Total Supply: 343,889,850
  • Total Supply: 343,889,850
  • Volume (24H): $13.3M
  • ATH: $28.53 (02/14/2021)
  • ATL: $0.03 (01/06/2019)
Risk Assessment
Average
Asset Strength

SNX is a low-cap asset that represents the blockchain`s native currency or monetary fee used to execute transactions on the network. This asset is exposed to the underlying risks of Synthetix, a protocol rated as Watch out.

Dependencies
Asset Tokenomics

SNX has a fixed supply.

Asset Volatility

SNX is highly correlated to the overall market.

Things to know about SNX