Synthetix

www.synthetix.io

Key Stats

Total Value Locked24H
in USD$114.4M+10.1%
in ETH616.2K ETH+8.6%
in BTC13.2K BTC+9.1%
SNX Locked111.1M SNX-8.9M SNX
% Supply Locked73.14%
BlockchainEthereum
Most Locked$SNX
Protocol Token$SNX

Total Value Locked (USD) in Synthetix

  • TVL (USD)
  • TVL (ETH)
  • SNX
  • All
  • 1 Year
  • 90 Day
  • 30 Day
  • 7 Day
defipulse chart

What is Synthetix?

Synthetix is a decentralized platform on Ethereum for the creation of Synths: on-chain synthetic assets that track the value of real-world assets. Born as stablecoin project Havven, Synthetix rebranded and expanded its scope prior to launching on mainnet in February 2019. As of May 2019, the Synthetix platform supports over 20 Synths representing fiat currencies, commodities (e.g., gold), and cryptoassets. Stocks, indices, and other derivatives are expected to be added soon. Synthetix has a native token called SNX. Holders can lock SNX as collateral to mint Synths, which are freely tradeable ERC20 tokens. Transaction fees from Synths exchanged on Synthetix’s non-custodial DEX (Synthetix.Exchange) go to SNX holders/Synth minters, incentivizing Synth creation and giving value to the underlying collateral (i.e., the SNX token).

How to use Synthetix

The best place to interact with the Synthetix Network is Mintr, where you can mint and burn Synths, collect fees, and more.

Ecosystem Links

Synthetix DashboardSynthetix.ExchangeEthHub - SynthetixDEX.AGSynthetix Discord