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Synthetix Price
Synthetix price

Synthetix price

SNX
Listed
Buy
$0.2059USD
-1.56%1D
The price of Synthetix (SNX) in United States Dollar is $0.2059 USD.
Synthetix/USD live price chart (SNX/USD)
Last updated as of 2026-08-31 20:15:30(UTC+0)
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Synthetix market info

Price performance (24h)
24h
24h low $0.224h high $0.21
All-time high (ATH):
$28.77
Price change (24h):
-1.56%
Price change (7D):
-9.80%
Price change (1Y):
-70.14%
Market ranking:
#279
Market cap:
$70,923,595.65
Fully diluted market cap:
$70,923,595.65
Volume (24h):
$11,128,797.5
Circulating supply:
344.52M SNX
Max supply:
339.89M SNX
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Live Synthetix price today in USD

The live Synthetix price today is $0.2059 USD, with a current market cap of $70.92M. The Synthetix price is down by 1.56% in the last 24 hours, and the 24-hour trading volume is $11.13M. The SNX/USD (Synthetix to USD) conversion rate is updated in real time.
How much is 1 Synthetix worth in United States Dollar?
As of now, the Synthetix (SNX) price in United States Dollar is valued at $0.2059 USD. You can buy 1SNX for $0.2059 now, you can buy 48.58 SNX for $10 now. In the last 24 hours, the highest SNX to USD price is $0.2142 USD, and the lowest SNX to USD price is $0.2006 USD.

Do you think the price of Synthetix will rise or fall today?

Total votes:
Rise
0
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0
Voting data updates every 24 hours. It reflects community predictions on Synthetix's price trend and should not be considered investment advice.
The following information is included:Synthetix price prediction, Synthetix project introduction, development history, and more. Keep reading to gain a deeper understanding of Synthetix.

Synthetix price prediction

When is a good time to buy SNX? Should I buy or sell SNX now?

When deciding whether to buy or sell SNX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget SNX technical analysis can provide you with a reference for trading.
According to the SNX 4h technical analysis, the trading signal is Sell.
According to the SNX 1d technical analysis, the trading signal is Strong sell.
According to the SNX 1w technical analysis, the trading signal is Sell.

What will the price of SNX be in 2027?

In 2027, based on a +5% annual growth rate forecast, the price of Synthetix(SNX) is expected to reach $0.2232; based on the predicted price for this year, the cumulative return on investment of investing and holding Synthetix until the end of 2027 will reach +5%. For more details, check out the Synthetix price predictions for 2026, 2027, 2030-2050.

What will the price of SNX be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Synthetix(SNX) is expected to reach $0.2583; based on the predicted price for this year, the cumulative return on investment of investing and holding Synthetix until the end of 2030 will reach 21.55%. For more details, check out the Synthetix price predictions for 2026, 2027, 2030-2050.

About Synthetix (SNX)

What is Synthetix?

Synthetix is a leading decentralized finance (DeFi) protocol, founded in 2018 by Kain Warwick and built on the Ethereum blockchain. It specializes in the issuance and trading of synthetic assets, which are cryptographic tokens designed to mirror the price behavior of real-world financial instruments. This includes commodities, fiat currencies, stocks, and even other cryptocurrencies. The core objective of Synthetix is to democratize access to a wide range of assets by allowing users to gain exposure to these financial instruments without the need for direct ownership or storage.

What sets Synthetix apart is its ability to bring almost any asset into the blockchain universe, thereby broadening the scope of possibilities within the DeFi space. Unlike traditional financial markets, which are bound by regulations, operating hours, and often involve cumbersome intermediaries, Synthetix offers a frictionless and permissionless trading environment. This means that anyone, from anywhere in the world, can engage in financial markets by trading these synthetic assets, without the typical constraints found in traditional systems.

Resources

Official Whitepaper: https://docs.synthetix.io/synthetix-protocol/readme

Official Website: https://synthetix.io/

How Does Synthetix Work?

The architecture of Synthetix relies on a series of Ethereum smart contracts to manage the creation and trading of synthetic assets. Users can lock up collateral—typically in the form of the Synthetix Network Token (SNX)—to mint new synthetic assets. These synthetic assets, known as "Synths," are over-collateralized to ensure stability and maintain their peg to real-world asset prices.

Price information for the assets being mimicked is sourced from decentralized oracle networks like Chainlink. These oracles provide accurate, tamper-resistant data, which is crucial for maintaining the integrity of the synthetic assets. Once Synths are minted, they can be traded on the Synthetix Exchange or other DeFi platforms that support them, allowing users to switch between various asset classes effortlessly.

What is Synthetix Token (SNX)?

The SNX token is the native cryptocurrency of the Synthetix network. It serves multiple purposes, including acting as collateral for minting synthetic assets and incentivizing user participation through staking rewards. Holders who stake their SNX tokens receive a portion of the transaction fees generated on the Synthetix Exchange, as well as additional SNX tokens as rewards. This creates an economic model that encourages long-term holding and active participation in the Synthetix ecosystem.

Which Factors Affect Synthetix Token (SNX) Price?

Several factors can influence the price of the SNX token. These include:

- Demand for Synthetic Assets: The more users are interested in minting and trading synthetic assets, the greater the demand for SNX as collateral, which could drive up its price.

- DeFi Adoption: The overall growth and adoption of decentralized finance can have a positive impact on the SNX price, as Synthetix is an integral part of the DeFi landscape.

- Regulatory News: Like other crypto assets, SNX is sensitive to regulatory developments. Negative news can lead to price declines, while positive developments can boost prices.

- Market Sentiment: Investor sentiment, often influenced by news, trends, and social media, can also play a significant role in the SNX token’s price volatility.

- Economic Incentives: Staking rewards and other incentives can attract more users to lock up their SNX tokens as collateral, reducing the circulating supply and potentially increasing the price.

Synthetix's Impact on Finance

Synthetix has the potential to fundamentally change how we engage with financial markets. By enabling the decentralized creation and trading of a diverse array of synthetic assets, it makes finance more accessible to everyone, as long as they have internet access. The protocol eliminates the need for middlemen, like brokers or banks, streamlining the process and reducing barriers to entry. This creates a global, permissionless trading platform that anyone can use.

What's even more transformative is Synthetix's ability to mimic virtually any financial instrument, serving as an inclusive financial tool for those who are traditionally underserved by banking systems or stock markets. Whether you're in a remote village or a bustling city, you can potentially gain exposure to a variety of assets—be it gold, the US dollar, or company shares—without needing a traditional bank account or brokerage. Through the synthetic assets offered on the Synthetix platform, people everywhere can partake in the financial markets, breaking down the barriers that have historically excluded many from global finance.

Conclusion

In summary, Synthetix has not only widened the possibilities within the DeFi landscape but is also making strides in shaping the future of finance as a whole. Its innovative approach to asset representation and trading paves the way for a more open, inclusive, and efficient financial ecosystem.

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You can trade SNX on Bitget

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • SNX/USDT
  • Spot
  • 0.2056
  • $21.81K
  • Trade
  • View the Synthetix futures trading guide for more insights on Synthetix futures and related data.

    Where is the best place to buy crypto like Synthetix (SNX)?

    Trading statisticsBitget
    Spot trading fee (maker)As low as 0%
    Spot trading fee (taker)As low as 0.03% (0.024% with BGB)
    Futures trading fee (maker)As low as 0%
    Futures trading fee (taker)As low as 0.02%
    Max leverage (futures)125x
    Fiat trading fee0%
    Supported crypto assets1,300+
    Copy trading assets600+
    Protection fund value$300M+
    100% Proof of ReservesReserve ratio > 100% (verified by Merkle tree)
    Global users120M+
    Daily trading volume$20B+

    SNX/USD price calculator

    SNX
    USD
    1 SNX = 0.2059 USD. The current price of converting 1 Synthetix (SNX) to USD is 0.2059. This rate is for reference only.
    Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.

    SNX resources

    Synthetix rating
    4.4
    100 ratings
    Contracts:
    0xBeC2...a4b209B(Avalanche C-Chain)
    Moremore
    Links:

    What can you do with cryptos like Synthetix (SNX)?

    Deposit easily and withdraw quicklyBuy to grow, sell to profitTrade spot for arbitrageTrade futures for high risk and high returnEarn passive income with stable interest ratesTransfer assets with your Web3 wallet

    How do I buy Synthetix?

    Learn how to get your first Synthetix in minutes.

    1. Create a free Bitget account.

    2. Select a funding method.

    3. Buy your target crypto.

    Buy now!See the tutorial

    How do I sell Synthetix?

    Learn how to cash out your Synthetix in minutes.

    1. Create a free Bitget account.

    2. Deposit crypto into your Bitget account.

    3. Exchange your assets for fiat on the P2P market or for USDT on the spot market.

    Sell now!See the tutorial

    What is Synthetix and how does Synthetix work?

    Synthetix is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Synthetix without the need for centralized authority like banks, financial institutions, or other intermediaries.
    See more

    FAQ

    How do I check and track the last price of Synthetix (SNX) on Bitget?

    Checking and tracking the last price of Synthetix (SNX) on Bitget is easy. Here are the main ways to access real-time price and market depth data:

    1. Visit the Bitget crypto price page (the most direct way): You can search for it or go directly to the Bitget Synthetix price page (this page). It displays a real-time SNX exchange rate along with market data such as 24h price change, high, low, and trading volume. The page also includes an advanced chart with customizable time ranges, such as 24 hours, 7 days, and 1 year, making it easy to track historical trends and price movements.

    2. Visit the Bitget spot/futures trading section (to view the live order book): Log in to your Bitget account, select "Markets" or "Spot/Futures Trading" from the navigation bar, and enter SNX in the trading pair search box to open the corresponding trading pair page (for example, SNX/USDT). There, you can view the live bid and ask prices, recent trades, and depth chart.

    3. Track anytime, anywhere with the Bitget app: Download and open the app, search for "Synthetix" or "SNX", and add it to your watchlist. This lets you check the latest price on your phone at any time. You can also set custom price alerts and get notified when the price rises above or falls below your target level.

    Is the Synthetix price data provided by Bitget updated in real time?

    The Synthetix (SNX) price data on the Bitget crypto price page aggregates real-time Synthetix trading prices from major exchanges worldwide (including Bitget), reflecting Synthetix's broader market price index. All price-related data on this page is updated in real time.

    Millisecond/second-level updates: Core data shown at the top of the page, including the last price, 24-hour price change, 24-hour high and low, is sourced directly from real-time trading engines across major global markets and platforms and updated automatically.

    Market depth and price synchronization: Price data is closely aligned with Bitget's spot and futures order books, as well as global aggregated indices, helping ensure that displayed prices reflect current market conditions.

    What is the real-time price of Synthetix (SNX) today?

    The real-time price of Synthetix (SNX) is $0.21. The current market cap is $70,923,595.65. Over the past 24 hours, Synthetix's trading volume was $11.13M. For the most accurate, up-to-date price data, check the top of this page, where key metrics are updated in real time around the clock, including the last price, 24-hour price change, historical price chart, 24-hour high and low, and more. You can also scroll down for more analysis of today's SNX price, or click the "Trade" button to go to the trading page and view a more detailed live order book and depth chart.

    Where can I view the all-time high and price chart for Synthetix?

    On this page, you can view the all-time high and historical price charts for Synthetix (SNX) at any time. The page features advanced charts and data tools, including:

    1. Multi-timeframe candlestick chart: Switch between different timeframes, such as 24 hours, 7 days, 1 year, and all-time data, to track short-term price movements and long-term trends.

    2. Historical highs, lows, and key market data: View key metrics for SNX, including its all-time high (ATH), all-time low, total market cap, and circulating supply, to gain a comprehensive view of SNX's market performance.

    What should beginners know before trading Synthetix on Bitget?

    Beginners trading Synthetix (SNX) on Bitget should pay close attention to the following key points:

    Risk warning: Crypto markets can be highly volatile, with prices affected by macroeconomic conditions, market sentiment, and other factors. Consider your own risk tolerance when allocating your assets, invest responsibly, and avoid blindly following market trends.

    Transaction fees: When trading spot or futures on Bitget, transaction fees may vary depending on your VIP level and whether you use BGB to pay transaction fees. We recommend reviewing the current fee schedule before trading to better manage your trading costs.

    Getting started: If you're new to crypto trading, we recommend visiting Bitget Academy or the Help Center. There, you'll find step-by-step tutorials and video guides covering everything from account sign-up and identity verification to asset security and placing trades, helping you get started quickly.

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    Where can I buy Synthetix (SNX)?

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    1. Log in to your Bitget account.
    2. If you're new to Bitget, watch our tutorial on how to create an account.
    3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
    4. Choose your issuing country or region and ID type, and follow the instructions.
    5. Select “Mobile Verification” or “PC” based on your preference.
    6. Enter your details, submit a copy of your ID, and take a selfie.
    7. Submit your application, and voila, you've completed identity verification!
    Buy Synthetix for 1 USD
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    Buy Synthetix now
    Cryptocurrency investments, including buying Synthetix online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Synthetix, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Synthetix purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
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