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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 [SNX] is a token based on Ethereum, ...

Asset Type token
Contract Address
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Compare Synthetix Network Token with other crypto assets.

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Market Cap Rank 93
All Time High
$974 582 048 15 119.00 BTC
$28.86 14 Feb 21 % to ATH (870.69%)
Circulating Supply
Volume (24h) Rank 148
327 769 196 Total: 328 193 104
$44 814 354 695.22 BTC
Vol / M Cap (24h)
Beta
4.60%
0.00
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