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Synthetix SNX

Synthetix Price (SNX)
$1.28
16.86% Buy SNX Now

0.0003 ETH

0.0000106 BTC

Buy SNX Now
Low: $1.06
High: $1.35
24h
Market Cap
$439,854,025
16.86%
Fully Diluted Market Cap
$435,274,013
16.86%
Volume
24h
$79,797,312
257.74%
Volume / Market Cap
0.1814
Circulating Supply
343,466,217 SNX
101.05 %
Max Supply
339,889,850
Total Supply
343,889,850

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Live SNX Price Analysis

The current real time Synthetix price is $1.28, and its trading volume is $79,797,312 in the last 24 hours. SNX price has grew by 16.86% in the last day, and increased by 6.23% in the last 7 days. It's important to note that current Synthetix market capitalization is $439,854,025, and the maximum supply is 339,889,850 SNX coins. Talking about circulating supply, SNX has 343,466,217 coins. Currently, Synthetix rank on the market is #109.

Synthetix price today is 95.55% below all time high, and it is 3,831.02% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling SNX are Kraken, Crypto.com & Coinbase. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Synthetix?

The Synthetix token, or SNX, is the native token of Synthetix - the decentralized finance platform for issuing crypto-based synthetic assets a.k.a. Synths.

SNX is powered by the Ethereum blockchain and is based on the ERC-20 token standard.

The main feature of SNX is that it serves as collateral for network users who require synthetic assets. This means that, in order to obtain synthetic assets, holders must stake their SNX tokens. These tokens are then locked into a smart contract in order to issue new synthetic assets.

The Synthetix price is greatly influenced by the unique inflation model implemented within the Synthetix ecosystem. The inflation rate will increase over time until it reaches 2.5%. 

This model has been implemented to avoid the risks related to halving events. This feature should ensure the relative stability of the SNX price.

SNX holders receive exclusive benefits such as crypto rewards for simply staking their Synthetix tokens. These rewards are called exchange rewards and staking rewards. They’re paid out weekly.

Exchange rewards come from the transaction fees produced by Synthetix. They can reach up to 1% of the original trade value, however, they generally stay at around 0.3%. On the other hand, staking rewards come from an inflationary supply of SNX tokens.

Besides taking out loans, SNX can be used to trade within the Synthethix ecosystem.

For more in-depth information about the Synthetix price, you can check the graph above.

What is a Synthetic Asset?

A synthetic asset, or a Synth, is a digital tokenized derivative that allows holders to predict price movements and minimize risk. In total, there are 5 types of Synths that track the price:

  • Cryptocurrencies;
  • Forex currencies;
  • Index;
  • Commodities;
  • Assets in an inverse manner. 

What are the Main Features of Synthetix?

As mentioned above when discussing What is Synthetix, we’ve established that it’s a decentralized platform that enables synthetic asset issuance. This means that users can access underlying digital assets without owning them, with the help of Synths. These underlying assets are tracked by oracles.

In addition, Synthetix facilitates the trading of Synths in a decentralized manner.

When it comes to governance, the Synthetix crypto project was governed by two different models. From the moment it was launched up to 2020, the Synthetix Foundation took the responsibility of governing the project. The Synthetix Foundation implemented 2 unique proposal management mechanisms: 

  • Synthetix Improvement Proposal, or SIP, manages proposals related to the smart contract of Synthethix;
  • Synthetix Configuration Change Proposal, or SCCP, handles changes related to the configuration variables.

This model of governance was abolished in July of 2020, with the hopes of increasing decentralization through a decentralized autonomous organization (DAO) model, which was split into 3 DAOs:

  • ProtocolDAO;
  • GrantsDAO;
  • SynthetixDAO.

Who Developed Synthetix?

The Synthetix crypto project was founded by Kain Warwick in late 2017. It entered the market during a time when the only viable stablecoin available was USDT.

Initially, it was introduced as Havven and received 30,000,000 US Dollars from investors who purchased over 60,000,000 SNX tokens.

In November of 2018, the project went through a rebranding process and received a new name - Synthetix.

Before Synthetix was founded, Kain Warwick was working on another Australia-based project powered by blockchain technologies - Blueshyft payment platform. It was launched in 2014 and has managed to spread globally since then. He has also gained valuable experience as a CEO for Pouncer - an auction-based shopping platform.

The Synthetix crypto project is backed by a board of advisors with different professional backgrounds. It includes Walter De Brouwer, Matthew Di Ferrante, and Renqi Shen, among many other accomplished individuals.

What's Synthetix trading volume in the last 24 hours?

SNX has a trading volume of $79,797,312 in the last 24 hours.

What's Synthetix highest price ever?

SNX has a highest price of $28.77, which was reached on Feb 14, 2021 (4 years 7 months ago).

What's Synthetix lowest price ever?

SNX has a lowest price of $0.0326, which was reached on Jan 05, 2019 (6 years 9 months ago).

What are the best exchanges for buying and selling SNX?

Currently, the most active and dominating exchanges for buying and selling Synthetix are Kraken, Crypto.com & Coinbase. The most popular Synthetix trading pairs are SNX/USDT (on Binance ), SNX/USDT (on MEXC ), SNX/USDT (on Gate ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping SNX?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Synthetix. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Synthetix Markets' Analysis

The in-depth analysis of Synthetix Markets shows that the top exchanges are Kraken. It's clear that the most popular trading pairs currently are USDC/EUR, USDT/EUR, USDC/USDT, USDC/USD, SOL/USD. Looking at the combined Volume of these Top 5 SNX pairs, it's evident that they have an overall market dominance of 521%, which makes up a worth of $415,576,692. Currently, the Number 1 Synthetix trading pair is USDCEUR, with the current price of $1.08 & a volume of $113,704,551 with a dominance 142% rate.

Synthetix (SNX) Volume By Exchange And Quote Currency

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Synthetix (SNX) Markets
# Exchange Base Currency Quote Currency Name Price Volume Volume %
1 Binance Centralized Exchange Synthetix SNX Tether USDT SNX/USDT $1.28 $17,940,901 14,016,129 SNX 22.48%
2 MEXC Centralized Exchange Synthetix SNX Tether USDT SNX/USDT $1.27 $9,323,403 7,347,372 SNX 11.68%
3 Gate Centralized Exchange Synthetix SNX Tether USDT SNX/USDT $1.28 $6,666,088 5,215,963 SNX 8.35%
4 OKX Centralized Exchange Synthetix SNX Tether USDT SNX/USDT $1.27 $6,300,676 4,952,337 SNX 7.90%
5 KuCoin Centralized Exchange Synthetix SNX Tether USDT SNX/USDT $1.28 $2,855,504 2,229,088 SNX 3.58%

Synthetix (SNX) Markets

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# Exchange Base Currency Quote Currency Name Price Volume Volume %


Synthetix Price History Analysis

Price History for Synthetix (SNX)
Date Open High Low Close Volume Market Cap
Oct 08, 2025 $1.19 $1.29 $1.12 $1.12 $43,580,670 $383,632,551
Oct 07, 2025 $1.13 $1.22 $1.13 $1.19 $31,554,848 $407,025,705
Oct 06, 2025 $1.19 $1.22 $1.12 $1.13 $26,648,873 $388,480,261
Oct 05, 2025 $1.21 $1.22 $1.16 $1.19 $22,794,219 $410,047,072
Oct 04, 2025 $1.23 $1.26 $1.19 $1.22 $38,693,014 $417,687,953
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Date Open High Low Close Volume Market Cap

On this day

October 10

Synthetix SNX
Today
$1.28
| 20.55%
2024 (1 year ago)
$1.40
| 30.63%
2023 (2 years ago)
$2.02
| 10.05%
2022 (3 years ago)
$2.25
| 77.9%
2021 (4 years ago)
$10.19
| 137.49%
2020 (5 years ago)
$4.29
| 764.9%
2019 (6 years ago)
$0.4959
| 477.55%
2018 (7 years ago)
$0.0859

Synthetix Popularity Metric Analysis

By analyzing Synthetix social media signals, you can instantly see how active, community-involved and popular the company is. Looking at Synthetix X statistics, it's clear that the brand has 259,141 followers, which is considered to be a quite average follower base. On the other hand, Synthetix is following 245 X accounts. It's important to note that Synthetix has posted 6,095 tweets since it joined X on Aug 19, 2017, which shows the brand's level of involvement and proactiveness.

Synthetix currently has 4,574 monthly organic visitors to its website, which is quite a low amount of traffic. The company's Ahrefs Rank is 56,381, and the Website Domain Rating is 73 - both of these metrics are deemed as very good.

Synthetix has joined Reddit on Nov 30, 2018. Since then, the brand has generated 9,531 subscribers, which is a small fan base. Synthetix GitHub activity began on Aug 10, 2017, until now it has 159 public repositories.

Synthetix Price
$1.28
Price Change 24h
$0.2159
16.86%
24h Low / 24h High
$1.06 /
$1.35
All Time High
Feb 14, 2021 (4 years 7 months ago)
$28.77
95.55%
All Time Low
Jan 05, 2019 (6 years 9 months ago)
$0.0326
3,831.02%
Trading Volume 24h
$79,797,312
257.74%
Volume / Market Cap
0.1814
Market Dominance
0.01%
Market Rank
#109
Market Cap
$439,854,025
16.86%
Fully Diluted Market Cap
$435,274,013
16.86%

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