SNX Overview

Synthetix

0(0%)1D

No Data

24H High

0.572

24H Low

0.527

24H Volume

3.85M

24H Volatility

8.54%

All Time High

28.981

All Time Low

0.48

Correlation with BTC

0.11

Return On Investment

-81.58%

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Official Website Block Explorer Whitepaper

Social Media Sentiment

Bullish

0 Bullish

0 Neutral

0 Bearish

The current sentiment of Bitcoin (SNX) on social media as of December 5, 2025 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding SNX's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.

howardlindzon7758h ago

$SNX a realtu\ive strength leader and truly a trends with NO friends...these can be great 11b market cap that nobody cares about

StocktwitsCrypto7795h ago

Synthetix is tossing sUSD depositors a big bone for six weeks—drop your tokens on @infinex_app, scoop $SNX and $OP every week, and maybe score a Patron NFT for the cherry on top. • Starting Jan 16, 2025, sUSD depositors on Infinex get a share of 5k SNX + 5k OP weekly for six weeks. • @synthetix_io says the APR could be 91% for $1M in deposits, 18.2% if it hits $5M—and if total blasts beyond $5M, rewards might go up. • Each week, one random user with at least $1k sUSD staked wins a Patron NFT. No gaming the system; sybil attacks = disqualified. • Setup is easy: create account, deposit sUSD, claim rewards. Info is in Infinex Support or the Synthetix Docs. • It’s a short window, so jump in if you want that sweet yield. $SNX.X $AAVE.X $COMP.X $LINK.X $BAL.X

DonCorleone777854h ago

$SNX TD Synnex price target raised to $140 from $130 at Stifel Stifel raised the firm's price target on TD Synnex to $140 from $130 and keeps a Buy rating on the shares following the Q4 beat. The firm adjusted forward estimates to reflect modest growth across the company's product portfolio. It also trimmed fiscal 2025 earnings estimates to reflect a more limited margin upside due to investments in Hyve.

wallstengine7891h ago

Today's Key Events (All EST) — 01/10/2025 08:30: US Unemployment Rate (Est. 4.2%) 08:30: US Nonfarm Payrolls (Est. 160K) 08:30: Average Hourly Earnings YoY 10:00: U.Mich Sentiment Prelim Before Open 👇 06:30: Delta Air Lines $DAL 07:00: Tilray $TLRY 07:00: Walgreens Boots Alliance $WBA 07:00: Neogen $NEOG 07:30: Constellation Brands $STZ 08:05: TD SYNNEX $SNX Before Open: E2open Parent Holdings $ETWO

Addresses Analysis

Holding Amount

Wallet addresses by amount held in USD

$0-$1K98.48%

$1K+0.06%

$1k-$100K+1.46%

Time Held

Traders are addresses that have been holding for less than one month; holders are addresses that have been holding for longer than one year.

Cruisers12.09%

Holders85.99%

Traders1.92%

Whale Holdings

Whales are wallet addresses holding over 1% of the circulating supply.

Others12.61%

Whales87.39%

Wallet addresses by amount held in USD

$0-$1K98.48%

$1K+0.06%

$1k-$100K+1.46%

Crypto Pattern Detection: Al Trend Spotter

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2nd Match

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3rd Match

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5th Match

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6th Match

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Whitepaper Summary

Synthetix is a user-friendly decentralized finance (DeFi) protocol that makes trading derivatives and accessing liquidity easier for everyone. It works like a giant shared pool of money that lets people trade different types of financial products without needing a direct buyer or seller. The platform focuses on making complex trading simple while maintaining the security benefits of blockchain technology. This innovative system allows for instant trades and fair pricing, making it accessible to both new and experienced traders.