Synthetix Network Token (SNX) Price, Market Cap, Volume, ICO Ratings & Reviews | Coinpare
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Cryptocurrencies: 2,908 Market Cap: $559,807,468,685 24h Vol: $82,432,792,198 BTC: 61.16% ETH: 11.91% USDT: 3.41% ETH Gas: 45 gwei
Synthetix Network Token
Exchange

Synthetix Network Token

Formerly Havven

Exchange

Synthetix is the backbone for derivatives trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets.

ICO Details
ICO Presale Start:
26 Feb 2018
ICO Presale End:
26 Feb 2018
ICO Start:
26 Feb 2018
ICO End:
28 Mar 2018
Hardcap:
30,000,000 USD
Softcap:
2,000,000 USD
Token Price:
0.000770 ETH
≈ 0.67 USD
Total Supply:
100,000,000
ICO Supply:
60,000,000 (60%)
Accepting:
BTC, ETH
Whitelist/KYC:
Whitelist & KYC
Country:
Australia
Token Details
Token Platform:
Ethereum
Token Holders:
12,638
Token Transfers:
142,865
Token Explorers:
Coin Details
Ticker:
SNX
Open Source
Yes
Hardware Wallet
Yes
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Synthetix Network Token SNX Rank 44
$4.61 (11.39%)
0.00024970 BTC (6.41%)
0.00785228 ETH (1.57%)
1 BTC ≈ 4,005 SNX
1 ETH ≈ 127 SNX
SNX
USD
Market Cap:
$481,362,374
Fully Diluted Market Cap:
$950,204,013
Volume 24h:
$11,413,748
ROI (USD):
587% / 6.87x
ATH:
$7.85
ATH Date:
01 September 2020
From ATH / To ATH:
-41.33% / 70.43%
Circulating Supply:
104,513,427 SNX
Total Supply:
206,308,351 SNX
Loading data from server...
Change USD
1h -0.05%
24h 11.39%
7d -8.79%
30d 48.65%
1y 269.27%
Change BTC
1h -0.45%
24h 6.41%
7d -9.56%
30d 10.44%
1y 50.66%
Change ETH
1h 0.13%
24h 1.57%
7d -12.54%
30d -2.21%
1y -4.87%
To The Moon 🚀🌕
SNX
ROI x1

USD Amount -
BTC Amount -
ETH Amount -
Price $4.61
Market Cap $481,362,374
Fully Diluted Market Cap $950,204,013
BTC Price 0.00024970
ETH Price 0.00785228
Synthetix Network Token (SNX) is a cryptocurrency, the latest Synthetix Network Token price is $4.61, up 11.39% in the last 24 hours. Synthetix Network Token market cap is $481,362,374 with a 24h volume of $11,413,748. It has a circulating supply of 104,513,427 SNX and a total supply of 206,308,351 SNX. Synthetix Network Token reached it's all time high on 01 September 2020 when it was trading at $7.85.
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Synthetix Exchange
Synthetix is a new flavor of decentralized exchange. There are three key differences relative to most other DEXes:

  • Traders trade against pooled community collateral and not any specific counterparty
  • Traders buy and sell synthetic assets, marked to market by offchain oracles
  • Traders have native access to derivatives and investable baskets

A unique trading experience on Ethereum with on-chain features you won’t find anywhere else.

  • Infinite Liquidity
    There’s no orderbook, so you don’t need to worry about liquidity or slippage.
  • Peer-To-Contract Trading
    Seamlessly exchange between a wide variety of synthetic assets.
  • Distribuited Collateral Pool
    Trade assets backed by a distributed pool of cryptocollateral — censorship resistant.

The SNX token acts as a foundation and backbone for this model. Before traders can participate, SNX investors stake their tokens to mint liquidity for the network. When traders execute a transaction, they pay a fee to trade against the stakers. A trader's profit adds to the global debt pool and a trader's loss subtracts from it.


Introducing Synths
Synths are tokens that provide exposure to assets such as Gold, Bitcoin, U.S. Dollars, Tesla, and AAPL within the Ethereum blockchain.

  • Crypto
  • Commodity
  • Forex
  • Index
  • Inverse

How SNX backs Synths

All Synths are backed by SNX tokens. Synths are minted when SNX holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. Synths are currently backed by a 800% collateralisation ratio, although this may be raised or lowered in the future through community governance mechanisms. SNX stakers incur debt when they mint Synths, and to exit the system (i.e. unlock their SNX) they must pay back this debt by burning Synths.

Synthetix is also currently trialling Ether as an alternative form of collateral. This means traders can borrow Synths against their ETH and begin trading immediately, rather than needing to sell their ETH. Staking ETH requires a collateralisation ratio of 150% and creates a debt denominated in ETH, so ETH stakers mint sETH rather than sUSD and do not participate in the ‘pooled debt’ aspect of the system. In this model, ETH stakers do not receive fees or rewards as they take no risk for the debt pool.


Havven is Transforming into Synthetix:
https://blog.havven.io/havven-is-transforming-into-synthetix-2fdf727b8892

Havven Token Sale Review:
https://blog.havven.io/token-sale-review-765f9a53f089

Kain Warwick
Founder
Involved in 1 project
Justin J. Moses
CTO
Involved in 1 project
Jordan Momtazi
VP Partnerships
Involved in 1 project
Clinton Ennis
Senior Architect
Involved in 1 project
Garth Travers
Communications Manager
Involved in 1 project
Clément Balestrat
dApp Engineer
Involved in 1 project
Jackson Chan
Blockchain Engineer
Involved in 1 project
Zoe Archer
UX/UI Designer & Front-end Engineer
Involved in 1 project
Evgeny Boxer
Front-end Engineer
Involved in 2 projects
Source
Rating
Coinlauncher 404 (Havven)
4.5 / 5
Average
3.4 / 5
Ratings has been aggregated in date 27 April 2020
Loading...
 

Rank 44


Synthetix Network Token SNX

$4.61 (11.39%)
0.00024970 BTC (6.41%)
0.00785228 ETH (1.57%)
Market Cap:
$481,362,374
Fully Diluted Market Cap:
$950,204,013
Volume 24h:
$11,413,748
ROI (USD):
587% / 6.87x
ATH:
$7.85
ATH Date:
01 September 2020
From ATH / To ATH:
-41.33% / 70.43%
Circulating Supply:
104,513,427 SNX
Total Supply:
206,308,351 SNX
1 BTC:
≈ 4,005 SNX
1 ETH:
≈ 127 SNX
SNX
USD
Loading data from server...
Change USD
1h -0.05%
24h 11.39%
7d -8.79%
30d 48.65%
1y 269.27%
Change BTC
1h -0.45%
24h 6.41%
7d -9.56%
30d 10.44%
1y 50.66%
Change ETH
1h 0.13%
24h 1.57%
7d -12.54%
30d -2.21%
1y -4.87%
To The Moon 🚀🌕
SNX
ROI x1

USD Amount -
BTC Amount -
ETH Amount -
Price $4.61
Market Cap $481,362,374
Fully Diluted Market Cap $950,204,013
BTC Price 0.00024970
ETH Price 0.00785228
ICO Details
ICO Presale Start:
26 Feb 2018
ICO Presale End:
26 Feb 2018
ICO Start:
26 Feb 2018
ICO End:
28 Mar 2018
Hardcap:
30,000,000 USD
Softcap:
2,000,000 USD
Token Price:
0.000770 ETH
≈ 0.67 USD
Total Supply:
100,000,000
ICO Supply:
60,000,000 (60%)
Accepting:
BTC, ETH
Whitelist/KYC:
Whitelist & KYC
Country:
Australia
Token Details
Token Platform:
Ethereum
Token Holders:
12,638
Token Transfers:
142,865
Token Explorers:
Coin Details
Ticker:
SNX
Open Source
Yes
Hardware Wallet
Yes
Description
Category: Exchange

Synthetix is the backbone for derivatives trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets.

Synthetix Network Token (SNX) is a cryptocurrency, the latest Synthetix Network Token price is $4.61, up 11.39% in the last 24 hours. Synthetix Network Token market cap is $481,362,374 with a 24h volume of $11,413,748. It has a circulating supply of 104,513,427 SNX and a total supply of 206,308,351 SNX. Synthetix Network Token reached it's all time high on 01 September 2020 when it was trading at $7.85.
Share This Page
Loading...

Synthetix Exchange
Synthetix is a new flavor of decentralized exchange. There are three key differences relative to most other DEXes:

  • Traders trade against pooled community collateral and not any specific counterparty
  • Traders buy and sell synthetic assets, marked to market by offchain oracles
  • Traders have native access to derivatives and investable baskets

A unique trading experience on Ethereum with on-chain features you won’t find anywhere else.

  • Infinite Liquidity
    There’s no orderbook, so you don’t need to worry about liquidity or slippage.
  • Peer-To-Contract Trading
    Seamlessly exchange between a wide variety of synthetic assets.
  • Distribuited Collateral Pool
    Trade assets backed by a distributed pool of cryptocollateral — censorship resistant.

The SNX token acts as a foundation and backbone for this model. Before traders can participate, SNX investors stake their tokens to mint liquidity for the network. When traders execute a transaction, they pay a fee to trade against the stakers. A trader's profit adds to the global debt pool and a trader's loss subtracts from it.


Introducing Synths
Synths are tokens that provide exposure to assets such as Gold, Bitcoin, U.S. Dollars, Tesla, and AAPL within the Ethereum blockchain.

  • Crypto
  • Commodity
  • Forex
  • Index
  • Inverse

How SNX backs Synths

All Synths are backed by SNX tokens. Synths are minted when SNX holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. Synths are currently backed by a 800% collateralisation ratio, although this may be raised or lowered in the future through community governance mechanisms. SNX stakers incur debt when they mint Synths, and to exit the system (i.e. unlock their SNX) they must pay back this debt by burning Synths.

Synthetix is also currently trialling Ether as an alternative form of collateral. This means traders can borrow Synths against their ETH and begin trading immediately, rather than needing to sell their ETH. Staking ETH requires a collateralisation ratio of 150% and creates a debt denominated in ETH, so ETH stakers mint sETH rather than sUSD and do not participate in the ‘pooled debt’ aspect of the system. In this model, ETH stakers do not receive fees or rewards as they take no risk for the debt pool.


Havven is Transforming into Synthetix:
https://blog.havven.io/havven-is-transforming-into-synthetix-2fdf727b8892

Havven Token Sale Review:
https://blog.havven.io/token-sale-review-765f9a53f089

Kain Warwick
Founder
Involved in 1 project
Justin J. Moses
CTO
Involved in 1 project
Jordan Momtazi
VP Partnerships
Involved in 1 project
Clinton Ennis
Senior Architect
Involved in 1 project
Garth Travers
Communications Manager
Involved in 1 project
Clément Balestrat
dApp Engineer
Involved in 1 project
Jackson Chan
Blockchain Engineer
Involved in 1 project
Zoe Archer
UX/UI Designer & Front-end Engineer
Involved in 1 project
Evgeny Boxer
Front-end Engineer
Involved in 2 projects
 Select Source
Source
Rating
Coinlauncher 404 (Havven)
4.5 / 5
Average
3.4 / 5
Ratings aggregated in date 27 April 2020
Loading...
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