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Synthetix price

Synthetix priceSNX

Listed
Buy
$0.7039USD
+1.29%1D
The Synthetix (SNX) price in United States Dollar is $0.7039 USD as of 00:39 (UTC) today.
Price chart
Synthetix price USD live chart (SNX/USD)
Last updated as of 2025-09-12 00:39:57(UTC+0)

Live Synthetix price today in USD

The live Synthetix price today is $0.7039 USD, with a current market cap of $241.78M. The Synthetix price is up by 1.29% in the last 24 hours, and the 24-hour trading volume is $12.00M. 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 $0.7039 USD. You can buy 1SNX for $0.7039 now, you can buy 14.21 SNX for $10 now. In the last 24 hours, the highest SNX to USD price is $0.7147 USD, and the lowest SNX to USD price is $0.6893 USD.

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

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Voting data updates every 24 hours. It reflects community predictions on Synthetix's price trend and should not be considered investment advice.

Synthetix market Info

Price performance (24h)
24h
24h low $0.6924h high $0.71
All-time high:
$28.77
Price change (24h):
+1.29%
Price change (7D):
+8.80%
Price change (1Y):
-48.60%
Market ranking:
#191
Market cap:
$241,781,621.03
Fully diluted market cap:
$241,781,621.03
Volume (24h):
$11,996,596.48
Circulating supply:
343.47M SNX
Max supply:
339.89M SNX

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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AI analysis report on Synthetix

Today's crypto market highlightsView report

Synthetix Price history (USD)

The price of Synthetix is -48.60% over the last year. The highest price of SNX in USD in the last year was $3.62 and the lowest price of SNX in USD in the last year was $0.4824.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+1.29%$0.6893$0.7147
7d+8.80%$0.6545$0.7154
30d+2.24%$0.6189$0.7969
90d+14.14%$0.4824$0.7969
1y-48.60%$0.4824$3.62
All-time+55.31%$0.03258(2019-01-05, 6 years ago)$28.77(2021-02-14, 4 years ago)
Synthetix price historical data (all time)

What is the highest price of Synthetix?

The SNX all-time high (ATH) in USD was $28.77, recorded on 2021-02-14. Compared to the Synthetix ATH, the current Synthetix price is down by 97.55%.

What is the lowest price of Synthetix?

The SNX all-time low (ATL) in USD was $0.03258, recorded on 2019-01-05. Compared to the Synthetix ATL, the current Synthetix price is up 2060.83%.

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 Strong buy.
According to the SNX 1d technical analysis, the trading signal is Buy.
According to the SNX 1w technical analysis, the trading signal is Sell.

What will the price of SNX be in 2026?

Based on SNX's historical price performance prediction model, the price of SNX is projected to reach $0.7642 in 2026.

What will the price of SNX be in 2031?

In 2031, the SNX price is expected to change by +41.00%. By the end of 2031, the SNX price is projected to reach $1.41, with a cumulative ROI of +106.93%.

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FAQ

What is the current price of Synthetix?

The live price of Synthetix is $0.7 per (SNX/USD) with a current market cap of $241,781,621.03 USD. Synthetix's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Synthetix's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Synthetix?

Over the last 24 hours, the trading volume of Synthetix is $12.00M.

What is the all-time high of Synthetix?

The all-time high of Synthetix is $28.77. This all-time high is highest price for Synthetix since it was launched.

Can I buy Synthetix on Bitget?

Yes, Synthetix is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy synthetix guide.

Can I get a steady income from investing in Synthetix?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Synthetix with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Synthetix (SNX)?

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SNX/USD price calculator

SNX
USD
1 SNX = 0.7039 USD. The current price of converting 1 Synthetix (SNX) to USD is 0.7039. Rate is for reference only. Updated just now.
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SNX resources

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

Bitget Insights

Crypto_Uncle
Crypto_Uncle
12h
The price is trading with a minimal markup of 4% from the average purchase price of Short-Term Holders. The Fed rate cut itself supports risk assets, but don't forget about volatility and buy the rumor/sell the news. If the discount becomes obvious, real demand for cheap coins will form in the market. Currently, at a 15-20% markup, holders start dumping the market, while at the last ATH the markup was only 13%. This isn't January 2023 or 2024 when the markup reached 40% and coins were still being bought, because hodlers understood they could sell higher in the future. Now when the market is in the mature phase of the bull cycle, obvious discounts are needed to create demand - there are no fools to buy at the very highs and get stuck underwater for 2.5 years. $BTC $ETH $ELF $ZIL $HOT $BNB $1INCH $SNX $CRV $AXS $CHR
BTC+0.41%
CRV+0.63%
Crypto_Uncle
Crypto_Uncle
1d
Regarding the futures market: currently, the Pressure Score is at 18%, this is low to moderate and closer to the neutral zone. This level indicates that there is no strong short pressure from leverage. In practical terms, this is a situation where the futures market is not giving strong signals neither sharp long accumulation nor active short building. The higher the Pressure Score, the more the market leans toward shorts. If the indicator jumped to 30-40%, it would mean that shorts are actively building up, OI is increasing faster than normal and this becomes fuel for an accelerated dump. #CryptoUncle $ETH $BTC $BCH $QTUM $EOS $XRP $UNI $SUSHI $HOT $BNB $1INCH $SNX
BTC+0.41%
ETH+0.38%
Crypto_Uncle
Crypto_Uncle
1d
Bitcoin Price $111.6K, Realized Price $53K - price is 2.10× above realized base. 30d Realized Volatility = 1.16%/day (22% annualized) - calm trend mode. Volatility-Adjusted Premium = 64.31, positioned between +1σ (61.54) and +2σ (74.46) - hot zone, trend is strong, but probability of tactical pullbacks is elevated, especially with rising volatility or momentum weakening. Risks: drop below +1σ and Momentum 14–140 reversal down toward zero (currently +1.61) would signal transition to cooling phase. #CryptoUncle $BTC $ETH $IOST $LTC $BCH $QTUM $BNB $SNX $1INCH $AXS $STORJ $CHR $SHIB
BTC+0.41%
ETH+0.38%
Crypto_Uncle
Crypto_Uncle
1d
Rangebound Any supply below $111.1k continues to be absorbed by latent demand as we consolidate. A break above $114.1k could see us test the cluster at $118k. $ETH $BTC $LTC $OMG $GTC $TRX $BNB $1INCH $SNX $AXS $CHR $STORJ
BTC+0.41%
ETH+0.38%
Crypto_Uncle
Crypto_Uncle
2d
504 days have passed since the last halving. Comparing the current cycle with the two previous ones, it can be said that the market is in a mature phase of the bull regime. In this cycle, in March at a price of $70K, there was an extreme spike in Value Days Destroyed (VDD), followed by two moderate distribution waves near $98K and $117K that did not reach the March extremum. This segmented LTH selling indicates more sustainable redistribution - largely due to institutional demand: supply exits in batches immediately after new ATH, and the market absorbs it, leading to more stretched-out peaks. Final conclusions about the cycle peak should be made after the appearance of the Peak Flag - it triggers when the spot price is approximately 11 times higher than the LTH realized price. This is a classic late-cycle indicator: price outpaces the slowly rising LTH base. The nearest approximate window is October–November 2025, provided that we also see a wave of major spending by experienced holders + a spike in short-term volatility that then begins to fade. $BTC $ETH $BSV $OMG $GTC $TRX $BNB $1INCH $SNX $CRV $AXS
BTC+0.41%
CRV+0.63%

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