Buy Synthetix Network Token in Australia (SNX)

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SNX: AUD 5.2021
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SNX: AUD 4.4800
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Buy and sell Synthetix Network Token (SNX) and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.

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Synthetix Network Token price

Live Synthetix Network Token (SNX) to AUD price chart.

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Our over-the-counter (OTC) trading desk offers deeper liquidity and a private, more personalised service for SMSFs, institutional investors and high-net-worth individuals who need to fill large orders that might be too price disruptive on open markets at exchanges.

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What is Synthetix Network Token (SNX)?

Synthetix (SNX) is a liquidity protocol for derivatives on Ethereum that enables both the issuance and trading of synthetic assets. Each synthetic asset, otherwise known as a Synth, is an ERC20 token that tracks the price of the asset it is based on using an oracle. As an example, sUSD which is a Synth of a US Dollar will track the price of the US dollar.

There are a wide variety of Synths that exist which are built on the Synthetix protocol including cryptocurrencies, fiat currencies, commodities and indexes.

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