Overview of Synthetix (SNX)
Synthetix (SNX) is currently priced at $0.5897 USD, with a 24-hour change of -1.72%.
- BTC Pair: 0.00000541 BTC (-1.56% in 24H).
- Market Cap: $193,525,065 USD.
- 24H Trading Volume: $8,434,240 USD.
- Circulating Supply: 304,644,176 SNX (max supply: 323,506,696 SNX).
Key Metrics
- Current Price: $0.5897 USD.
- Market Capitalization: $193.5M.
- 24H Volume: $8.43M.
Calculator Tool
1 SNX = 0.58 USD
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SNX Price Trends
Monthly Price Changes (2025)
| Month | Price (USD) | Monthly Change |
|---|---|---|
| Jan | 1.917 | -16.22% |
| Feb | 1.606 | -43.28% |
| Mar | 0.911 | -16.36% |
| Apr | 0.762 | -6.69% |
| May | 0.711 | -4.78% |
| Jun | 0.677 | -14.03% |
| Jul | 0.582 | -1.89% |
Annual Performance
| Year | Start Price | End Price | Profit/Loss |
|---|---|---|---|
| 2025 | $1.92 | $0.57 | -70.21% |
| 2024 | $3.87 | $1.92 | -50.38% |
| 2023 | $1.44 | $3.87 | +168.85% |
| 2022 | $5.49 | $1.44 | -73.84% |
| 2021 | $7.23 | $5.49 | -24.14% |
| 2020 | $2.89 | $7.23 | +149.91% |
FAQs
1. What is Synthetix (SNX)?
Synthetix is a decentralized finance (DeFi) protocol enabling synthetic asset trading. SNX tokens collateralize these assets and grant staking rewards.
2. Why has SNX price dropped in 2025?
Market volatility, reduced demand, and broader crypto trends contribute to SNX’s decline. Historical data shows cyclical patterns.
3. Where can I trade SNX?
👉 Trade SNX on leading exchanges
4. What’s SNX’s max supply?
323,506,696 SNX (currently 304.6M in circulation).
5. How is SNX’s price calculated?
Prices reflect real-time trading activity across exchanges, weighted by liquidity.
6. Can SNX recover its 2023 highs?
Past performance (e.g., +168% in 2023) suggests potential, but market conditions vary.
Key Takeaways
- SNX remains a major DeFi player despite recent downturns.
- Historical trends highlight volatility; long-term hodlers often benefit.
- Monitor 👉 live SNX charts for real-time insights.
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