Ask about Synthetix
Logo of SynthetixSynthetix(SNX)
Total Value Locked$886,808

TVL by Chain

Ethereum$885,541

OP Mainnet$1,267

Base$0

Arbitrum$0

Key Metrics

Fees (Annualized)$325,887
Fees 30d$0

Arbitrum$0

Base$0

Ethereum$0

OP Mainnet$0

Fees 7d$0

Arbitrum$0

Base$0

Ethereum$0

OP Mainnet$0

Fees 24h$0

Arbitrum$0

Base$0

Ethereum$0

OP Mainnet$0

Cumulative Fees$83.86m

OP Mainnet$54.22m

Ethereum$27.12m

Base$2.42m

Arbitrum$95,937

Revenue (Annualized)$325,883
Revenue 30d$0

Arbitrum$0

Base$0

Ethereum$0

OP Mainnet$0

Revenue 7d$0

Arbitrum$0

Base$0

Ethereum$0

OP Mainnet$0

Revenue 24h$0

Arbitrum$0

Base$0

Ethereum$0

OP Mainnet$0

Cumulative Revenue$82.07m

OP Mainnet$54.22m

Ethereum$27.12m

Base$716,791

Arbitrum$6,981

Holders Revenue (Annualized)$319,961
Holders Revenue 30d$0

Arbitrum$0

Base$0

Ethereum$0

OP Mainnet$0

Holders Revenue 7d$0

Arbitrum$0

Base$0

Ethereum$0

OP Mainnet$0

Holders Revenue 24h$0

Arbitrum$0

Base$0

Ethereum$0

OP Mainnet$0

Cumulative Holders Revenue$82.06m

OP Mainnet$54.22m

Ethereum$27.12m

Base$716,791

Arbitrum$6,981

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$325,883

$0

$0

$0

$82.07m

Perp Volume 30d$53.73m
Perp Volume 30d by chain

Ethereum$53.73m

Arbitrum$0

Base$0

OP Mainnet$0

Perp Volume 7d$11.77m

Ethereum$11.77m

Arbitrum$0

Base$0

OP Mainnet$0

Perp Volume 24h$1.72m

Ethereum$1.72m

Arbitrum$0

Base$0

OP Mainnet$0

Cumulative Perp Volume$63.494b

OP Mainnet$55.775b

Base$6.746b

Ethereum$756.78m

Arbitrum$216.13m

$1.22m

Market Cap$120.61m

$SNX Price$0.21

All Time High$28.53

All Time Low$0.035

View $SNX token page

$120.7m

$120.79m

$SNX Volume 24h$11.25m

CEX Volume$8.62m

DEX Volume$2.72m(24.16% of total)

$SNX Liquidity$2.62m

Uniswap V3$1.85m

Velodrome V2$255,697

Uniswap V2$250,988

Aerodrome V1$113,543

SushiSwap$74,371

Balancer V2$23,198

thorchain-dex$18,500

Balancer V2$12,865

SushiSwap$11,506

Uniswap V3$10,157

Treasury$8.91m

$24,050.99

Stablecoins$438,361.84

Own Tokens$7.88m

Others$568,816.09

Total Raised$46.05m

Sep 29, 2017$250,000Round: SeedInvestors: George Burke

Mar 1, 2018$30mRound: ICOInvestors: Buck Stash, George Burke, Infinite Capital

Oct 29, 2019$3.8mRound: Investors: Framework Ventures

Dec 15, 2020$12mRound: Investors: Coinbase Ventures, Paradigm, IOSG Ventures

Protocol Information

Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.

Category:Derivatives

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Competitors

Frequently Asked Questions

What is Synthetix?

Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.

What is Synthetix's TVL?

Synthetix currently has $886,808 in total value locked. TVL has decreased 32.1% over the past 30 days.

What chains does Synthetix operate on?

Synthetix operates on 4 chains: OP Mainnet, Ethereum, Base, and Arbitrum. Ethereum holds the largest share at 99.9%.

How much has Synthetix generated in fees and revenue?

Over the past 30 days, Synthetix generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $325,887 in fees and $325,883 in revenue.

What is the SNX token price and valuation?

SNX is currently trading at $0.21. Its circulating market capitalization is $120.61m, ranking it #312. Its fully diluted valuation is $120.7m. Supply currently stands at 580.98m circulating, 581.4m total supply.

How has SNX performed recently?

SNX is down 6.7% over the past 7 days and down 0.1% over the past 30 days. Its all-time high is $28.53, reached on Feb 14, 2021. The token is currently 99.3% below that level.

Which protocols are included in Synthetix?

Synthetix is a parent protocol whose tracked products include Synthetix V4, Synthetix v1+v2, and Synthetix V3.

How much perpetual futures volume does Synthetix process?

Synthetix processed $53.73m in perpetual futures volume over the past 30 days.

Does Synthetix have a treasury?

Synthetix has a tracked treasury currently valued at $8.91m. Its holdings include $438,361.84 in stablecoins, $24,050.99 in major assets, $7.88m in its own tokens, $568,816.09 in other assets.