Synthetix Network Token (SNX) The price of Synthetix Network Token is $12.84202, a 11.62% percent change for the last hour. Synthetix Network Token will be a decentralised payment network where users transact directly in a price-stable cryptocurrency. Those who use the stablecoin pay fees to those who collateralise the network, compensating them for the risks of providing collateral and stability. Collateral providers control the money supply, and fees are distributed in proportion with each individual’s stabilisation performance. Thus, Synthetix Network Token rewards suppliers of stability and charges those who demand it.

Synthetix Network Token will be a decentralised payment network where users transact directly in a price-stable cryptocurrency. Those who use the stablecoin pay fees to those who collateralise the network, compensating them for the risks of providing collateral and stability. Collateral providers control the money supply, and fees are distributed in proportion with each individual’s stabilisation performance. Thus, Synthetix Network Token rewards suppliers of stability and charges those who demand it. (The price of Synthetix Network Token is $12.84202)

Quick Stats about Synthetix Network Token

The price of Synthetix Network Token is currently $12.842019

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC 6.36%
USD 11.62%
ETH 2.41% 		BTC 0.42%
USD -4.77%
ETH 2.98% 		BTC -2.13%
USD -14.09%
ETH -0.23% 		BTC 11.34%
USD -13.84%
ETH -6.97% 		BTC 36.63%
USD 74.14%
ETH -3.55% 		BTC 239.05%
USD 1085.33%
ETH 73.8%

The all time high price of Synthetix Network Token was $17.09329933 on 2021-01-16 16:12:25

Development Status: Alpha version
Proof Type: Not mineable
Hash Algorithm: None
Hardware Wallet: Yes

Circulating Supply: 104,513,427 SNX

Beta Value: 0.967

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Tweets about Synthetix Network Token

Tweet by synthetix_io about Synthetix Network Token
@synthetix_io 6 hours, 36 minutes, 50 seconds ago
Synths are now available in @enzymefinance! ⚔️ "Synthetic assets are live: Users can include synthetic assets in their funds including commodities and stock indices such as sFTSE, sNIKKEI, and sOIL to name just a few!" Check out their announcement below to learn more. https://t.co/l1ZFtWOvgz
Tweet by synthetix_io about Synthetix Network Token
@synthetix_io 2 days, 2 hours, 1 minute, 59 seconds ago
While migrating to the new escrow contract in last week's Castor release, the end of the fee period epoch was brought forward to 4am UTC, Wednesday Jan 20. This means that there is just under four hours remaining to claim any staking rewards for this epoch. 1/2
Tweet by the_ethernaut about Synthetix Network Token
@the_ethernaut retweeted: 2 days, 2 hours, 8 minutes, 24 seconds ago
And I’m back! It was f*ing hard not to tweet during our release. We deployed @synthetix_io to @optimismPBC mainnet L2. It was the culmination of months of extreme hard work, and an astonishing team and inter-team effort. I can’t believe that this milestone is now in our past. https://t.co/KOTmpaqlb4
Tweet by charlie_eth about Synthetix Network Token
@charlie_eth retweeted: 2 days, 2 hours, 12 minutes, 22 seconds ago
Tweet media image Strong first couple of days of @synthetix_io cross-asset swaps on @CurveFinance with over $3m in volume consistently having the best prices from high five figures and up on ETH/BTC/USD/EUR pairs. https://t.co/45emsH1Rbw
Tweet by Tetranode about Synthetix Network Token
@Tetranode retweeted: 3 days, 19 hours, 53 minutes, 29 seconds ago
Tweet media image @CurveFinance x @synthetix_io Curve's new multi-asset swap combines Curve's pegged pool with $SNX derivatives such as sUSD and sETH in trading... mitigating slippage to the point of outperforming 1Inch's current offer. Amazing collab I immediately benefit from. #skininthegame https://t.co/ek7sc6L9DO
Tweet by synthetix_io about Synthetix Network Token
@synthetix_io 4 days, 9 hours, 13 minutes, 36 seconds ago
Here we go! Large block trades can now leverage the lack of slippage on Synthetix to trade from ERC20 to ERC20 via intermediary synths. (E.g DAI to renBTC would start with DAI to sUSD, exchange the sUSD for sBTC, then swap sBTC > renBTC) https://t.co/HUfjwEWsfl
Tweet by SNXified about Synthetix Network Token
@SNXified retweeted: 5 days, 3 hours, 22 minutes, 53 seconds ago
Tweet media image ATTENTION! Please be aware that #Synthetix is not doing any airdrops, loyalty rewards or anything. PLEASE DO NOT AUTHORIZE ANYONE TO SPEND ANYTHING ON YOUR METAMASK! SCAN ALERT! ALSO SYNTHETIX CORE CONTRIBUTORS AND GUARDIANS WILL NEVER ASK FOR YOUR SEED OR PRIVATE KEYS! #SNX https://t.co/nOareVMgya
Tweet by transmissions11 about Synthetix Network Token
@transmissions11 retweeted: 5 days, 13 hours, 35 minutes, 25 seconds ago
the @optimismPBC contracts are so interesting wtf i want to read this like a novel before bed 🤣
Tweet by optimismPBC about Synthetix Network Token
@optimismPBC retweeted: 6 days, 2 hours, 46 minutes, 33 seconds ago
Our knees are weak and our palms are sweaty, but Optimistic Ethereum is finally ready. https://t.co/S4EAzzpKSg
Tweet by SNXified about Synthetix Network Token
@SNXified retweeted: 6 days, 2 hours, 52 minutes, 49 seconds ago
Tweet media image https://t.co/GWMNjDnEBY
When moon? Moon buggy
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