Synthetix Network Token (SNX) The price of Synthetix Network Token is $3.5581, a -0.28% 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 $3.558)

Quick Stats about Synthetix Network Token

The price of Synthetix Network Token is currently $3.56

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC -0.54%
USD -0.28%
ETH -0.16% 		BTC -5.49%
USD -4.8%
ETH -4.02% 		BTC -10.84%
USD -8.08%
ETH -8.18% 		BTC -23.94%
USD -21.91%
ETH -20.14% 		BTC -25.43%
USD -19.72%
ETH -18.93% 		BTC 262.66%
USD 420.76%
ETH 141.05%

The all time high price of Synthetix Network Token was $7.84961719 on 2020-09-01 10:02:28

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

Circulating Supply: 102898903 SNX

Beta Value: 0.900

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