Key Metrics
Fees 30d$4,611
Fees 30d by chain
Ethereum$4,611
Arbitrum$0
Base$0
OP Mainnet$0
Fees 7d$2,872
Ethereum$2,872
Arbitrum$0
Base$0
OP Mainnet$0
Fees 24h$249
Ethereum$249
Arbitrum$0
Base$0
OP Mainnet$0
Cumulative Fees$83.87m
OP Mainnet$54.22m
Ethereum$27.13m
Base$2.42m
Arbitrum$95,937
Revenue 30d$4,611
Revenue 30d by chain
Ethereum$4,611
Arbitrum$0
Base$0
OP Mainnet$0
Revenue 7d$2,872
Ethereum$2,872
Arbitrum$0
Base$0
OP Mainnet$0
Revenue 24h$249
Ethereum$249
Arbitrum$0
Base$0
OP Mainnet$0
Cumulative Revenue$82.07m
OP Mainnet$54.22m
Ethereum$27.13m
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)$21,447
$4,611
$2,872
$249
$82.07m
Perp Volume 30d$73.52m
Perp Volume 30d by chain
Ethereum$73.52m
Arbitrum$0
Base$0
OP Mainnet$0
Perp Volume 7d$22.51m
Ethereum$22.51m
Arbitrum$0
Base$0
OP Mainnet$0
Perp Volume 24h$2.86m
Ethereum$2.86m
Arbitrum$0
Base$0
OP Mainnet$0
Cumulative Perp Volume$63.58b
OP Mainnet$55.775b
Base$6.746b
Ethereum$843.11m
Arbitrum$216.13m
$664,978
Market Cap$128.94m
$SNX Price$0.22
$129.03m
$129.13m
$SNX Volume 24h$13.61m
CEX Volume$3.73m
DEX Volume$10.8m(79.36% of total)
Treasury$8.6m
$31,119.59
Stablecoins$464,167.01
Own Tokens$7.52m
Others$589,540.28
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 $850,297 in total value locked. TVL has decreased 3.3% 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 100%.
How much has Synthetix generated in fees and revenue?
Over the past 30 days, Synthetix generated $4,611 in fees. Of that, $4,611 was protocol revenue. Based on the trailing year, the annualized rate is $21,447 in fees and $21,447 in revenue.
What is the SNX token price and valuation?
SNX is currently trading at $0.22. Its circulating market capitalization is $128.29m, ranking it #337. Its fully diluted valuation is $128.38m. Supply currently stands at 580.98m circulating, 581.4m total supply.
How has SNX performed recently?
SNX is up 3.7% over the past 7 days and up 1.7% over the past 30 days. Its all-time high is $28.53, reached on Feb 13, 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 $73.52m in perpetual futures volume over the past 30 days.
Does Synthetix have a treasury?
Synthetix has a tracked treasury currently valued at $8.6m. Its holdings include $464,167.01 in stablecoins, $31,119.59 in major assets, $7.52m in its own tokens, $589,540.28 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.