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
$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
Fees:
Revenue:
Holders Revenue:
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.

