What is the current price of Synthetix?
The current price of Synthetix is $0.2289 with a 3.46% change in the last 24 hours.
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Read the complete paper trading guideThe current price of Synthetix is $0.2289 with a 3.46% change in the last 24 hours.
The daily trading volume is $5,731,580 representing a 13.38% change in the past 24 hours.
The market capitalization of Synthetix is $132,959,808, ranking #172 globally.
The fully diluted valuation (FDV) of Synthetix is $78,940,913, calculated assuming the maximum supply of 344,939,867 SNX is in circulation.
Circulating: 580,980,590. Total: 581,404,224. Max: 344,939,867.
In the last 24 hours, Synthetix traded between a low of $0.2271 and a high of $0.2469.
SNX/USDTTether USDT0.2289 USDT
Sophon shutters its L2 to join Base, MIM drops to $0.53, and Synthetix moves to retire sUSD, as market forces reshape crypto infrastructure and stablecoin.
Synthetix founder Kain Warwick published a detailed thread this morning acknowledging that sUSD has been depegged for over a year, taking personal responsibility for treasury mismanagement, and outlining a basis-vault-backed replacement stablecoin to run on the protocol's new v4 exchange.
Synthetix governance has moved to retire sUSD entirely under SIP-423, introduced June 12. The proposal would freeze the stablecoin contract and pay all holders back at face value in vested SNX at a conversion of four SNX per sUSD. A companion SIP-424 covering technical implementation is pending.
Synthetix price moved slightly higher as the project published its roadmap for 2026, which includes token buybacks and new trading products. At press time, Synthetix (SNX) token traded at $0.3251, up about 2.9% in the last 24 hours. The token…
Ethereum OG Kain Warwick, the founder of Infinex and Synthetix, missed the mark by about $20,000.
Synthetix Network has returned to Ethereum mainnet, betting that scaling upgrades make layer-1 viable again for perps. Synthetix has brought its core trading product back to where it’s original home. In a blog post published on Dec. 19, the protocol…
