Rank #293
Current Price
$0.248379
24h Change
1.13%
7d Change
-14.25%
Market Cap
$85,647,351
Rank
#293
About Synthetix
Synthetix is a decentralized perpetual futures protocol built on Ethereum Mainnet. Synthetix uses a hybrid design — off-chain order matching on a high-performance CLOB with on-chain settlement — to deliver low latency, deep liquidity, and MEV-resistant execution while keeping custody and finality on Ethereum. Traders get CEX-like performance with on-chain security and composability. The protocol’s liquidity is provided by the Synthetix Liquidity Provider (SLP) vault and backstopped by staked SNX collateral, which underwrites the issuance of the sUSD stablecoin and the solvency of the SLP vault.
Categories
Decentralized Exchange (DEX)Exchange-based TokensDecentralized Finance (DeFi)Yield FarmingDerivativesSynthetic IssuerAvalanche EcosystemPolygon EcosystemNear Protocol EcosystemFantom EcosystemHarmony EcosystemEthereum EcosystemOptimism EcosystemBase EcosystemDWF Labs PortfolioParadigm PortfolioCoinbase Ventures PortfolioIndex Coop Defi IndexEnergi EcosystemHuobi ECO Chain EcosystemGMCI DeFi IndexSyntheticGMCI IndexCoinbase 50 IndexGovernanceBase Native
Details
SymbolSNX
Price$0.248379
24h Change1.13%
7d Change-14.25%
30d Change-30.47%
Market Cap$85,647,351
Platformethereum
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