Ask about Synthetix
Logo of SynthetixSynthetix(SNX)
Total Value Locked$897,296

TVL by Chain

Ethereum$896,029

OP Mainnet$1,267

Arbitrum$0

Base$0

Key Metrics

Fees (Annualized)$336,438
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)$336,434
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)$330,512
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)$336,434

$0

$0

$0

$82.07m

Perp Volume 30d$61.58m
Perp Volume 30d by chain

Ethereum$61.58m

Arbitrum$0

Base$0

OP Mainnet$0

Perp Volume 7d$11.99m

Ethereum$11.99m

Arbitrum$0

Base$0

OP Mainnet$0

Perp Volume 24h$1.88m

Ethereum$1.88m

Arbitrum$0

Base$0

OP Mainnet$0

Cumulative Perp Volume$63.482b

OP Mainnet$55.775b

Base$6.746b

Ethereum$745.01m

Arbitrum$216.13m

$1.65m

Market Cap$132.1m

$SNX Price$0.23

All Time High$28.53

All Time Low$0.035

View $SNX token page

$132.19m

$132.28m

$SNX Volume 24h$30.72m

CEX Volume$25.18m

DEX Volume$7.8m(25.38% 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$9.77m

$24,154

Stablecoins$442,240

Own Tokens$8.73m

Others$573,773

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 $897,296 in total value locked. TVL has decreased 97.3% 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 $336,438 in fees and $336,434 in revenue.

What is the SNX token price and valuation?

SNX is currently trading at $0.22. Its circulating market capitalization is $130.26m, ranking it #302. Its fully diluted valuation is $130.36m. Supply currently stands at 580.98m circulating, 581.4m total supply.

How has SNX performed recently?

SNX is down 1.5% over the past 7 days and down 4.5% over the past 30 days. Its all-time high is $28.53, reached on February 14, 2021. The token is currently 99.2% 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 $61.58m in perpetual futures volume over the past 30 days.

Does Synthetix have a treasury?

Synthetix has a tracked treasury currently valued at $9.77m. Its holdings include $442,240 in stablecoins, $24,154 in major assets, $8.73m in its own tokens, $573,773 in other assets.