Ask about Synthetix
Logo of SynthetixSynthetix(SNX)
Total Value Locked$893,093

TVL by Chain

Ethereum$891,822

OP Mainnet$1,267

Base$4

Arbitrum$0

Key Metrics

Fees (Annualized)$346,489
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)$346,481
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)$340,559
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)$346,481

$0

$0

$0

$82.07m

Perp Volume 30d$61.63m
Perp Volume 30d by chain

Ethereum$61.63m

Arbitrum$0

Base$0

OP Mainnet$0

Perp Volume 7d$11.28m

Ethereum$11.28m

Arbitrum$0

Base$0

OP Mainnet$0

Perp Volume 24h$754,707

Ethereum$754,707

Arbitrum$0

Base$0

OP Mainnet$0

Cumulative Perp Volume$63.474b

OP Mainnet$55.775b

Base$6.746b

Ethereum$737.44m

Arbitrum$216.13m

$1.34m

Market Cap$128.7m

$SNX Price$0.22

All Time High$28.53

All Time Low$0.035

View $SNX token page

$128.79m

$128.87m

$SNX Volume 24h$7.97m

CEX Volume$5.34m

DEX Volume$2.66m(33.4% 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$9.63m

$23,416

Stablecoins$442,115

Own Tokens$8.59m

Others$570,054

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

WebsiteGitHubTwitter

Methodology

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

Fees:

Synthetix v1+v2 - Fees generated on each synthetic asset exchange, between 0.1% and 1% (usually 0.3%)View code on GitHubSynthetix V3 - Fees generated from tradesView code on GitHubSynthetix V4 - Trading fees paid by users on Synthetix v4 perpetual futures trades.View code on GitHub

Revenue:

Synthetix v1+v2 - Fees paid by users and awarded to SNX stakersView code on GitHubSynthetix V3 - Fees paid by users and awarded to LPsView code on GitHubSynthetix V4 - Trading fees retained by the protocol.View code on GitHub

Holders Revenue:

Synthetix v1+v2 - Fees are granted proportionally to SNX stakers by automatically burning outstanding debt (note: rewards not included here can also be claimed by SNX stakers)View code on GitHubSynthetix V3 - Fees are granted proportionally to LPs by tracking the profit and loss of the positions backed by Synthetix V3View code on GitHubSynthetix V4 - Fees going to governance token holdersView code on GitHub

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