Synthetix Network TokenSNX
0xc011...2a6f
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Synthetix Network Token price

Available on DEX
₺107.83
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TRY
Last updated on --.

Synthetix Network Token’s recent prices

24h
+88.02%
4h
+8.22%
1h
+0.05%
5m
-0.46%
Synthetix Network Token’s live price is ₺107.83, with a market cap of ₺37.08B. Over the past 24 hours, Synthetix Network Token (SNX)’s price increased by a respectable 88.02%, with a 24-hour trading volume of ₺184.15M.

Right now, Synthetix Network Token has 85.00K holders, which may translate to its level of adoption and social credibility. It’s got a maximum supply of 344M – the number of Synthetix Network Token tokens won’t go beyond this limit. The current circulating supply is 344M, representing the number of Synthetix Network Token tokens currently available in the market. Synthetix Network Token’s liquidity of ₺43.65M also indicates how much of Synthetix Network Token can be bought or sold without significantly affecting its price.

Last updated: Apr 1, 2026, 10:21:50 PM

Synthetix Network Token performance

₺107.83

Synthetix Network Token price today

Synthetix Network Token price today is ₺107.83, marking a +88.02% over the past 24 hours. On OKX TR, today’s Synthetix Network Token trading volume reached 1,707,667, worth over ₺184.15M.

$2.425

Synthetix Network Token in USD

The current Synthetix Network Token to USD conversion rate is $2.425 per Synthetix Network Token.
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Learn more about Synthetix Network Token (SNX)

What's Synthetix Network Token?

Synthetix Network Token (SNX) is a cryptocurrency used within the Synthetix platform, which enables the creation of synthetic assets. These assets are digital representations of real-world assets like currencies, commodities, and stocks. SNX is primarily used as collateral to back these synthetic assets, allowing users to trade them without holding the actual asset. This system aims to provide liquidity and accessibility to a wide range of financial instruments on the blockchain.

How does Synthetix Network Token work?

Synthetix operates on the Ethereum blockchain, utilizing smart contracts to create and manage synthetic assets. It employs a proof-of-stake consensus mechanism, where SNX holders stake their tokens as collateral to mint synthetic assets. The platform uses Chainlink oracles to provide real-time price feeds, ensuring accurate asset valuations. This decentralized approach allows users to trade synthetic assets with minimal slippage and without the need for traditional intermediaries.

What's the total supply of Synthetix Network Token?

The total supply of Synthetix Network Token is capped at 308 million SNX. The circulating supply varies as tokens are staked or released. Synthetix employs a tokenomics model that includes inflationary rewards for stakers, incentivizing participation in the network. Over time, the inflation rate is designed to decrease, balancing the need for network security and token value preservation.

What determines Synthetix Network Token's price?

The price of Synthetix Network Token is influenced by its utility within the Synthetix platform, including demand for synthetic assets and staking rewards. Network usage, such as the volume of synthetic asset trading, also impacts its value. Market sentiment, regulatory developments, and competition from other DeFi platforms can affect SNX's market performance. As with any cryptocurrency, external economic factors and investor behavior play significant roles.

Pros and cons of Synthetix Network Token

- Pros: - Enables trading of synthetic assets without holding the underlying asset. - Provides liquidity and access to diverse financial instruments. - Incentivizes participation through staking rewards. - Cons: - Relies on Ethereum's network, which may face scalability issues. - Subject to regulatory scrutiny affecting DeFi platforms. - Price volatility can impact staking rewards and collateral value.

How do I store my Synthetix Network Token?

Users can acquire Synthetix Network Token through cryptocurrency exchanges like OKX. SNX can be staked on the Synthetix platform to mint synthetic assets. For storage, users should use secure wallets that support ERC-20 tokens, such as hardware wallets, to protect their private keys. Always be cautious of phishing attempts and ensure transactions are conducted on reputable platforms. Availability of SNX may vary by jurisdiction, so users should verify local regulations before engaging with the token.

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Synthetix Network Token FAQ

Synthetix Network Token can offer strong returns, but is also subject to market volatility. Whether it’s a good investment depends on your risk tolerance, goals, and market conditions. Synthetix Network Token’s price can be influenced by various factors such as adoption, regulation, technological advancement, and overall market sentiment. Always do your own research before buying Synthetix Network Token and never buy more than you can afford to lose. This content is for informational purposes only and isn’t financial advice.
To buy Synthetix Network Token at a low price, monitor the market closely and use tools like price alerts and technical indicators to keep you updated on price trends. Always do your own research and use secure platforms. This content is for informational purposes only and isn’t financial advice.
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Synthetix Network Token SNX safely on a trusted exchange like OKX TR.
Currently, one Synthetix Network Token is worth ₺107.83. For answers and insight into Synthetix Network Token's price action, you're in the right place. Explore the latest Synthetix Network Token charts and trade responsibly with OKX TR.
To read this Synthetix Network Token price chart, hover over or click on the time period you want to view. Hover over the chart to view the corresponding price, displayed in your local currency.
Yes, Synthetix Network Token’s price is updated in real-time on our Synthetix Network Token price page. You can view the current price and historical price data here at all times.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Synthetix Network Token SNX. Refer here for a more detailed guide.
Staking and earning rewards with Synthetix Network Token are subject to local restrictions. Log in or sign up to view products available in your country, region, or state of residence.

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Market cap
₺37.08B
Circulating supply
344M
Liquidity
₺43.65M
24h volume
₺184.15M
Token holders
85K
Network
Ethereum
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