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Synthetix price

Synthetix priceSNX

Listed
Buy
$0.6927USD
-1.32%1D
The Synthetix (SNX) price in United States Dollar is $0.6927 USD as of 18:35 (UTC) today.
Price chart
Synthetix price USD live chart (SNX/USD)
Last updated as of 2025-08-31 18:35:46(UTC+0)

Live Synthetix price today in USD

The live Synthetix price today is $0.6927 USD, with a current market cap of $237.93M. The Synthetix price is down by 1.32% in the last 24 hours, and the 24-hour trading volume is $9.52M. 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 $0.6927 USD. You can buy 1SNX for $0.6927 now, you can buy 14.44 SNX for $10 now. In the last 24 hours, the highest SNX to USD price is $0.7188 USD, and the lowest SNX to USD price is $0.6919 USD.

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

Total votes:
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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 $0.72
All-time high:
$28.77
Price change (24h):
-1.32%
Price change (7D):
-2.11%
Price change (1Y):
-48.14%
Market ranking:
#182
Market cap:
$237,929,192.72
Fully diluted market cap:
$237,929,192.72
Volume (24h):
$9,520,777.89
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.

AI analysis report on Synthetix

Today's crypto market highlightsView report

Synthetix Price history (USD)

The price of Synthetix is -48.14% 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-1.32%$0.6919$0.7188
7d-2.11%$0.6287$0.7966
30d+22.17%$0.5459$0.7969
90d+1.35%$0.4824$0.7969
1y-48.14%$0.4824$3.62
All-time+52.59%$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 97.59%.

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 2026.40%.

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 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 $0.8488 in 2026.

What will the price of SNX be in 2031?

In 2031, the SNX price is expected to change by +35.00%. By the end of 2031, the SNX price is projected to reach $2, with a cumulative ROI of +185.77%.

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FAQ

What is the current price of Synthetix?

The live price of Synthetix is $0.69 per (SNX/USD) with a current market cap of $237,929,192.72 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 $9.52M.

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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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.

SNX/USD price calculator

SNX
USD
1 SNX = 0.6927 USD. The current price of converting 1 Synthetix (SNX) to USD is 0.6927. 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

CryptoUncle®
CryptoUncle®
2025/08/19 07:45
Gold has been trapped in a sideways range since May this is a consequence of frozen drivers. After the vertical rally to ATH, the market had already priced in the Fed's easing cycle and strong central bank demand. From there, the picture hit a plateau: US real yields and the dollar are constrained, inflation expectations are uncertain, and the pace of rate cuts remains unclear. Under these conditions, gold has neither new upward momentum nor reason for a deep decline. To break out of the sideways range, a shift in one direction is needed - either deeper and more obvious dollar weakness or a decline in yields, or a new demand/geopolitical shock. A drop in real yields and dollar weakening is essentially fuel for a simultaneous rise in gold and risk assets, while rising real yields/dollar strengthening creates pressure on BTC and stocks while supporting gold as insurance. $BTC $ETH $BCH $BNB $1INCH $SNX $AAVE $DOGE $NMR $CRV $AXS
NMR-6.38%
BTC+0.28%
BullSniper
BullSniper
2025/08/16 11:33
$Omni on #Binance is #Layer1/2 category Coin📊 🔍Sitting in the demand zone on 4 Hour past rallies from here 📉 Facing trendline resistance on 4 Hour – needs breakout for bullish momentum It is risky can give second leg up📈 ⚠️Failure to hold = possible rejection $Btc $alpine $ctsi $porto $epic $lrc $lazio $the $bat $lunc $tnsr $la $snx $aca $kuna $rare $bera $era $oxt
BTC+0.28%
RARE-0.72%
HASNAINNADEM
HASNAINNADEM
2025/08/15 21:41
Free Signal $SNX 📊 Trade Setup Entry Zone: 0.686 – 0.690 🎯 TP1: 0.700 🎯 TP2: 0.715 🎯 TP3: 0.730 SL: 0.675
SNX-1.28%
TopCryptoNews
TopCryptoNews
2025/08/04 18:49
👀 Which altcoins are accumulating? The Netflow Heatmap shows inflows and outflows of altcoins on CEX exchanges. ➕ The most accumulating are: $ENJ , $FET , $COMP , and #SNX . You might want to take a closer look at these assets 🤨
FET+0.16%
ENJ+1.85%
Crypto7HODL
Crypto7HODL
2025/08/04 15:23
📊 Top 10 DeFi projects by developer activity by Santiment One of the many parameters you should pay attention to when analyzing projects is developer activity over a certain period of time. Blockchain thrives when developers are constantly creating on it. Let's take a look at the top 10 DeFi projects by developer activity over the last 30 days. $LINK 🥇 $DEEP 🥈  $BABY 🥉 $DFI $LQTY $LDO $INJ $FOX $SNX $CBBTC Each of these projects is currently at the top and has excellent potential for asset growth. You can track the metrics on the Santiment website.
LINK+1.25%
BABY+0.21%

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