Synthetix Network Token (SNX) The price of Synthetix Network Token is $10.17921, a -0.50% 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 $10.17921)

Quick Stats about Synthetix Network Token

The price of Synthetix Network Token is currently $10.179213

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC -0.09%
USD -0.5%
ETH 0.05% 		BTC -4.31%
USD -6.11%
ETH -3.71% 		BTC -3.58%
USD -4.14%
ETH -4.16% 		BTC -5.21%
USD -6.53%
ETH -5.85% 		BTC -4.11%
USD -14.87%
ETH -9.93% 		BTC -46.58%
USD 116.25%
ETH -75.12%

The all time high price of Synthetix Network Token was $28.86224816 on 2021-02-14 01:11:30

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

Circulating Supply: 114,841,533 SNX

Beta Value: 1.132

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Tweets about Synthetix Network Token

Tweet by synthetix_io about Synthetix Network Token
@synthetix_io 3 days, 17 hours, 1 minute, 9 seconds ago
Saddle up! Cross asset swaps powered by Synthetix are now available for users of @saddlefinance, enabling low slippage trades across pools key pools for sBTC, sETH and sUSD. https://t.co/aPL4GEGI99
Tweet by synthetix_io about Synthetix Network Token
@synthetix_io 3 days, 23 hours, 1 minute, 50 seconds ago
Check out the Synthetix Weekly by @snxgrants Some great updates this week! https://t.co/X7BJqKX3UR
Tweet by snxgrants about Synthetix Network Token
@snxgrants retweeted: 5 days, 13 hours, 25 minutes, 17 seconds ago
Tweet media image Teleport $ETH to Optimism with 𝙏𝙀𝙇𝙀𝙋𝙊𝙍𝙏𝙍 🛸 🛸 $5 gas cost, 0.02 ETH cap 🛸 Centralized bridge 🛸 Ethereum to Optimism 🔴 🛸 https://t.co/pmwgoYjd7N Transfer $ETH from Ethereum to Optimism for cheap ⛽ Details: https://t.co/BMsC84TXfB https://t.co/l82q1sxPmN
Tweet by synthetix_io about Synthetix Network Token
@synthetix_io 6 days, 17 hours, 36 minutes, 37 seconds ago
ICYMI, we completed the Wezen protocol release today. iSynths (SIP-158) and all synths that were deprecated (SIP-169) are now redeemable through the https://t.co/1OPHvY2YLa or https://t.co/tuUooLzS7n dApps for a fixed sUSD price (price at deprecation).
Tweet by MessariCrypto about Synthetix Network Token
@MessariCrypto retweeted: 6 days, 23 hours, 6 minutes, 14 seconds ago
“I’m a token maxi — I think the more tokens the better,” says @synthetix_io founder @kaiynne at #Mainnet2021 on stage with @CamiRusso from @DefiantNews We 💖 this!
Tweet by token2049 about Synthetix Network Token
@token2049 retweeted: 1 week, 13 hours, 33 minutes, 24 seconds ago
Tweet media image Speaker Intro #28: Kain Warwick (@kaiynne) is the Founder of Synthetix (@synthetix_io), a derivatives liquidity protocol and backbone for derivatives trading in DeFi. It is one of the largest DeFi protocols on the ETH network. #TOKEN2049 #London Tickets: https://t.co/9SotP9Yyec https://t.co/tJsdmhlH1x
Tweet by kaiynne about Synthetix Network Token
@kaiynne retweeted: 1 week, 2 days, 4 hours, 2 minutes, 40 seconds ago
If you want some insight into how ridiculous the @synthetix_io community is, the author @0xAfif of this SIP https://t.co/Xo9Cq0gn5o originally joined the core contributors as a comms manager…
Tweet by lyrafinance about Synthetix Network Token
@lyrafinance retweeted: 1 week, 3 days, 12 hours, 40 minutes, 51 seconds ago
Thank you Spartans!⚔️ A @synthetix_io governance proposal has passed to lower the L2 collateral ratio to 600%. This makes it more capital efficient to mint sUSD with $SNX on @optimismPBC. This is a great opportunity to bring down the sUSD peg and support Lyra traders.
Tweet by synthetix_io about Synthetix Network Token
@synthetix_io 1 week, 3 days, 13 hours, 4 minutes, 13 seconds ago
Attention all $SNX stakers. Target C-ratio on L2 has been reduced to 600%. Make sure to check your current C-ratio and update as needed ⚔️
Tweet by synthetix_io about Synthetix Network Token
@synthetix_io 1 week, 4 days, 3 hours, 57 minutes, 42 seconds ago
🚨 Attention: sUSD holders on Optimism 👇 https://t.co/TLOCxLqDPO
When moon? Moon buggy
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