- Last Price0.66
- Turnover (24h)1.99M
- All-Time High28.53
- Total Supply343.88M
- Fully Diluted Market Cap228.17M
- Ranking276
- Market Cap227.88M
- All-Time Low0.03
- Circulating Supply343.46M
What is SNX
Learned by 1.7k usersPublished on 2024.03.29Last updated on 2025.06.04
0.66
+1.33%
Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.
How to Buy Synthetix (SNX)Learn now
1. Project Introduction
Synthetix is a decentralized protocol for issuing and trading synthetic assets (Synths), which track the value of real-world assets like fiat currencies, commodities, stocks, and indices.
These Synths are backed by SNX tokens locked in smart contracts, allowing P2C (peer-to-contract) trading on the Synthetix Exchange with no liquidity constraints.
The protocol provides liquidity to other DeFi protocols and DEXs such as Kwenta, Lyra, Polynomial, 1inch, and Curve.
SNX is the core token used for collateralizing and minting synthetic assets.
Summary:
Synthetix is a synthetic asset issuance protocol that enables on-chain exposure to real-world assets and serves as a critical liquidity layer for DeFi applications.
2. Team & Investment Info
Founded: 2017 (originally as Havven)
Founders:
Kain Warwick – also CEO of Blueshyft (a retail payments network with 1,200+ outlets)
Justin Moses – CTO of Synthetix; partner at ARB Industries; former Director of Engineering at MongoDB
Key Contributor: Jordan Momtazi – Co-founder of Block Earner and partner at Bodhi Ventures
Funding:
$32M raised via OTC rounds in Feb 2021 and Mar 2023
Backers: Coinbase Ventures, Paradigm, IOSG Ventures, DWF Labs
March 2018: $30M raised via ICO
3. Social Media URLs
X: https:/x.com/synthetix_io
Discord: https://discord.com/invite/KVeCZe6ahW
4. Token Info
Token Symbol: SNX
Total Supply: 328,193,104
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xc011a73ee8576fb46f5e1c5751ca3b9fe0af2a6f
Token Distribution:
Staking: 49.91%
Private Sale: 19.2%
Team: 18.49%
Public Sale: 3.05%
Foundation: 4.62%
Advisors: 0.77%
Presale: 0.87%
Bounties & Airdrops: 1.16%
5. Related Links
Official Website: https://www.synthetix.io/
GitHub: https://github.com/synthetixio
LinkedIn: https://www.linkedin.com/company/synthetix/
Other Info: https://dune.com/synthetix_community/synthetix-stats
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How to Buy SNX
Welcome to HTX.com! We've made purchasing Synthetix (SNX) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Synthetix (SNX) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Synthetix (SNX)After purchasing your Synthetix (SNX), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Synthetix (SNX)Easily trade Synthetix (SNX) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.
354 Total ViewsPublished 2024.03.29Updated 2025.06.04
What is SNX
1. Project IntroductionSynthetix is a decentralized protocol for issuing and trading synthetic assets (Synths), which track the value of real-world assets like fiat currencies, commodities, stocks, and indices.These Synths are backed by SNX tokens locked in smart contracts, allowing P2C (peer-to-contract) trading on the Synthetix Exchange with no liquidity constraints.The protocol provides liquidity to other DeFi protocols and DEXs such as Kwenta, Lyra, Polynomial, 1inch, and Curve.SNX is the core token used for collateralizing and minting synthetic assets.Summary:Synthetix is a synthetic asset issuance protocol that enables on-chain exposure to real-world assets and serves as a critical liquidity layer for DeFi applications. 2. Team & Investment InfoFounded: 2017 (originally as Havven)Founders:Kain Warwick – also CEO of Blueshyft (a retail payments network with 1,200+ outlets)Justin Moses – CTO of Synthetix; partner at ARB Industries; former Director of Engineering at MongoDBKey Contributor: Jordan Momtazi – Co-founder of Block Earner and partner at Bodhi VenturesFunding:$32M raised via OTC rounds in Feb 2021 and Mar 2023Backers: Coinbase Ventures, Paradigm, IOSG Ventures, DWF LabsMarch 2018: $30M raised via ICO 3. Social Media URLsX: https:/x.com/synthetix_ioDiscord: https://discord.com/invite/KVeCZe6ahW4. Token InfoToken Symbol: SNXTotal Supply: 328,193,104Token Type: ERC-20Issuance/Burn Mechanism: Fixed supplyContract Address: 0xc011a73ee8576fb46f5e1c5751ca3b9fe0af2a6fToken Distribution: Staking: 49.91%Private Sale: 19.2%Team: 18.49%Public Sale: 3.05%Foundation: 4.62%Advisors: 0.77%Presale: 0.87%Bounties & Airdrops: 1.16% 5. Related LinksOfficial Website: https://www.synthetix.io/GitHub: https://github.com/synthetixioLinkedIn: https://www.linkedin.com/company/synthetix/Other Info: https://dune.com/synthetix_community/synthetix-stats
1.7k Total ViewsPublished 2024.03.29Updated 2025.06.04
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