Synthetix Network Token Price - SNX/USD : $3.7930

Loading...Building chart...

Order book SNX / USD

Loading...
Synthetix Network Token: USD 4.6069
Usd
Usd
Snx
Snx
Payment method
Buy Synthetix Network Token with Bank transferBuy Synthetix Network Token with PayIDBuy Synthetix Network Token with SWIFT
Synthetix Network Token: USD 3.7792
Snx
Snx
Usd
Usd
Receive with
Sell Synthetix Network Token with Bank transferSell Synthetix Network Token with PayIDSell Synthetix Network Token with SWIFT

Cumulative market depth

Recent trades

Loading...
Need more liquidity?

Need more liquidity?

Contact our crypto OTC desk for large orders.

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.

Frequently asked questions

How to read the Synthetix Network Token price chart?

Trending cryptocurrencies

How we treat client assets

No commingling of customer funds: we keep client assets completely separate from our own.

1:1 reserves

We maintain a full 1:1 reserve of all client fiat and crypto assets.

We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.

Audited

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.

Segregated funds

We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.

We keep your assets safe. That is our promise.

Sole custodian

Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.

We adhere to industry best practices and never lend, trade or reinvest your assets.