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Current rate

Check the current cryptocurrency exchange rate.

Rate Synthetix Network Token 3,531000 USDT

Change (24h): 3,98%

Current
Marketcap

1 074 441 535 USD 3.19%

In stock
Volume

50 384 635 USD 75.89%

Highest rate
ATH

28,86 USD -87.79%
14-02-2021

Started at: 28-02-2018, Concept: Not mineable
Tags: Platform, Smart Contracts, Payments, Ethereum Token (ERC-20), DeFi, Huobi ECO Chain Token, Polygon Token, Fantom Token, Avalanche Token, Binance Coin Token (BEP-20), Solana Token

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How is 1 Synthetix Network Token?

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Description

Synthetix Network Token will be a decentralised payment network where users transact directly in a price-stable cryptocurrency. Those who use the stablecoin pay fees to those who collateralise the network, compensating them for the risks of providing collateral and stability. Collateral providers control the money supply, and fees are distributed in proportion with each individual’s stabilisation performance. Thus, Synthetix Network Token rewards suppliers of stability and charges those who demand it.

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Marketcap
  • 1 930 565 638 118 USD
  • Change: 3.88%
Volume
  • 139 784 404 012 USD
  • Change: 72.99%
Cryptocurrencies
  • All: 8 339
  • Active: 32 160
Exchanges
  • All: 1 268
  • Active: 360
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