Synthetix

SNX

Synthetix

SNX

Decentralized synthetic asset platform

Details

Synthetix is a decentralized platform for synthetic assets that provides on-chain exposure to real-world currencies, commodities, stocks, and indices. These synthetic assets (Synths) are backed by Synthetix Network Tokens (SNX) locked into a smart contract as collateral. Synths track the prices of various assets, allowing crypto-native and unbanked users to trade peer-to-contract (P2C) on Synthetix Exchange without liquidity restrictions.

Fundraising

Round
Amount
Valuation
Date
Investors
--
$ 20 M
--
Mar 20, 2023
--
$ 12 M
--
Feb 14, 2021
ICO
$ 30 M
--
Mar 01, 2018
--
  • 1
Total 3 Page

Investments

Name
Round
Amount
Valuation
Date
--
$ 8.6 M
--
Jan 01, 2022
Financing after Listed
$ 2 M
--
Oct 13, 2021
Seed
--
--
May 20, 2021
  • 1
Total 3 Page

Related News

$

4.48

5.72%
  • Trading Volume(24h)
    -8.44% $ 85,016,268.192
  • Circulating Market Cap $ 1,365,054,380.126
  • Fully Diluted Valuation $ 1,469,252,727.03
  • Circulating Supply 304,917,885.141 SNX
  • Total Supply 328,193,104.089 SNX
  • Total Raised $62 M
  • Contract Address
  • Supported Exchanges
    +40
  • Launched Mar, 2018

Related Archives

11 Projects, Updated Feb 23
Synthetix Ecosystem Projects

Significant Events

2023-03-20

Synthetix raised $ 20 M in funding round

2021-02-14

Synthetix raised $ 12 M in funding round

2018-04-11

Synthetix was live on mainnet

2018-03-01

Synthetix raised $ 30 M through ICO