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Synthetix logo Synthetix (SNX)

DeFinda Score™

An impartial, objective analysis of Synthetix's features to help you compare it with other coins.
Market Cap
8
Development
8
Community
4
Liquidity
6
Search Results
6
Price to ATH
1
Yields
5

Synthetix is a protocol built on the Ethereum blockchain. Synthetix is a platform where users can purchase digitalized US stocks or other commodities in exchange for cryptocurrencies. Digitalized assets are called synthetic assets and are traded on a decentralized exchange called Kwenta. SNX is an ERC20 token.

With a total market cap of over $769 million, Synthetix is the No. 73 cryptocurrency by market size. The currency symbol for Synthetix is SNX, it was launched in March 2018 and it originated in Australia. There will only ever be 316 million Synthetix tokens issued. So far 315 million tokens (99.8% of the total supply) have been issued.

We found savings accounts offering up to 17.2% APY on Synthetix deposits and loans as low as 20% APR against Synthetix used as collateral. Check out our Synthetix staking yields table and Synthetix loan rates table for further details.

Synthetix Price History

Simple Chart Advanced Chart

10%

7 Days

13.9%

30 Days

0.6%

60 Days

57.3%

1 Year
All Time Low
$0.0348 USD
6 Jan 2019
4 years and 85 days ago
All Time High
$28.50 USD
14 Feb 2021
2 years and 45 days ago

Will the Price of Synthetix Go Up or Down?

The technical price analysis for Synthetix below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Synthetix.

User Sentiment

80
Negative Positive

Synthetix Reviews

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Synthetix YouTube Reviews

Synthetix FAQs

ASynthetix was launched in March 2018.
ASynthetix originated from Australia.
AThe highest price that Synthetix ever reached was $28.53 USD. This all time high price occured on 14 Feb 2021.
AThe lowest price that Synthetix ever reached was $0.034786 USD. This all time low price occured on 6 Jan 2019.
AYes you can find the Synthetix Reddit channel at https://reddit.com/r/synthetix_io.
ASynthetix is part of the Synthetics, Optimism, Bnb Chain and Fantom ecosystems.
AYes, staking is available for Synthetix on a number of platforms. For a full list of Synthetix staking yields see our list of Synthetix staking yields.
AYou can earn up to 17.2% APY by staking your Synthetix tokens. Check out our Synthetix staking yields table for further details.
ARight now the best staking rates are on Beefy Finance with an income rate of up to 17.2% APY.
AYou can check the technical indicators for Synthetix on the Synthetix Price Trend tab. These indicators are based on the analysis of multiple trading signals for Synthetix.
AYou can find the cheapest exchange on which to buy Synthetix on the Synthetix Buy tab.
AYou can check which wallets support Synthetix on the Synthetix Wallets tab.
AAlmost all Synthetix loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Synthetix flash loans which allow you to borrow uncollateralised Synthetix for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Synthetix loans on the Synthetix Loans tab.
AThe following venture capital firms have invested in Synthetix: Alameda Research's, Coinbase Ventures, DeFiance Capital, Framework Ventures, Paradigm and Three Arrows Capital.

Synthetix Comparisons

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