Key Metrics
Fees 30d$2,107
Fees 30d by chain
Ethereum$2,107
Arbitrum$0
Base$0
OP Mainnet$0
Fees 7d$2,107
Ethereum$2,107
Arbitrum$0
Base$0
OP Mainnet$0
Fees 24h$368
Ethereum$368
Arbitrum$0
Base$0
OP Mainnet$0
Cumulative Fees$83.87m
OP Mainnet$54.22m
Ethereum$27.12m
Base$2.42m
Arbitrum$95,937
Revenue 30d$2,107
Revenue 30d by chain
Ethereum$2,107
Arbitrum$0
Base$0
OP Mainnet$0
Revenue 7d$2,107
Ethereum$2,107
Arbitrum$0
Base$0
OP Mainnet$0
Revenue 24h$368
Ethereum$368
Arbitrum$0
Base$0
OP Mainnet$0
Cumulative Revenue$82.07m
OP Mainnet$54.22m
Ethereum$27.12m
Base$716,791
Arbitrum$6,981
Holders Revenue 30d$0
Holders Revenue 30d by chain
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)$19,438
$2,107
$2,107
$368
$82.07m
Perp Volume 30d$61.35m
Perp Volume 30d by chain
Ethereum$61.35m
Arbitrum$0
Base$0
OP Mainnet$0
Perp Volume 7d$18.31m
Ethereum$18.31m
Arbitrum$0
Base$0
OP Mainnet$0
Perp Volume 24h$2.1m
Ethereum$2.1m
Arbitrum$0
Base$0
OP Mainnet$0
Cumulative Perp Volume$63.56b
OP Mainnet$55.775b
Base$6.746b
Ethereum$822.69m
Arbitrum$216.13m
$2.71m
Market Cap$120.81m
$SNX Price$0.21
$120.9m
$120.97m
$SNX Volume 24h$15.49m
CEX Volume$7.36m
DEX Volume$10.41m(67.21% 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$8.29m
$29,895.06
Stablecoins$459,244.08
Own Tokens$7.22m
Others$585,521.18
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.
- Synthetix V4Derivatives
- Synthetix v1+v2Synthetics
- Synthetix V3Derivatives
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
Hacks
Date: Jun 25, 2019
Protocol: Synthetix v1+v2
Classification: Oracle Manipulation
Technique: Oracle Misconfiguration
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Frequently Asked Questions
What is Synthetix's TVL?
Synthetix currently has $950,987 in total value locked. TVL has increased 8% 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 100%.
How much has Synthetix generated in fees and revenue?
Over the past 30 days, Synthetix generated $2,107 in fees. Of that, $2,107 was protocol revenue. Based on the trailing year, the annualized rate is $19,438 in fees and $19,438 in revenue.
What is the SNX token price and valuation?
SNX is currently trading at $0.21. Its circulating market capitalization is $121.35m, ranking it #333. Its fully diluted valuation is $121.44m. Supply currently stands at 580.98m circulating, 581.4m total supply.
How has SNX performed recently?
SNX is down 5.9% over the past 7 days and down 3.8% over the past 30 days. Its all-time high is $28.53, reached on Feb 13, 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 $61.35m in perpetual futures volume over the past 30 days.
Does Synthetix have a treasury?
Synthetix has a tracked treasury currently valued at $8.29m. Its holdings include $459,244.08 in stablecoins, $29,895.06 in major assets, $7.22m in its own tokens, $585,521.18 in other assets.
Has Synthetix ever been exploited?
Synthetix has 1 recorded security incident. The most recent incident occurred on Jun 25, 2019. It was classified as Oracle Manipulation.
