Synthetix Network Token (CRYPTO: SNX)
$2.19
(7.2%)
$0.16
Price as of January 4, 2025, 2:10 a.m. ET
Synthetix Network Token Return vs. S&P
| 1 Year | 5 Year | 5 Year Annualized | Since IPO |
|---|
Synthetix Network Token Company Info
Synthetix (SNX) is a decentralized synthetic asset issuance protocol built on Ethereum. It allows the creation and trading of synthetic assets collateralized by SNX, used for hedging, gaining exposure to diverse assets, and trading on the price movements of real-world assets. SNX stakers are incentivized to contribute to the network and capture fees generated from Synth exchanges, which determine the value of the SNX token.
News & Analysis
No articles found.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.