Circulating market cap
Fully diluted market cap
Total value locked
P/F ratio (fully diluted)
Annualized trading volume
P/S ratio (fully diluted)
Daily active users (30d average)
What is Synthetix
Synthetix is a non-custodial derivatives exchange protocol built on Ethereum. Synthetix was founded by Kain Warwick and launched in 2017.
How does Synthetix work
Overcollateralized borrowers deposit funds into Synthetix and mint synthetic assets.
Who governs Synthetix
SNX tokenholders own and govern the protocol. They currently take all of the total trading fees paid by traders (revenue). Synthetix's investors include Paradigm, Framework Ventures, Coinbase Ventures, etc.
Daily fully diluted market cap vs. daily fees in the past 180 days.
|Fully diluted market cap||-2.7%||-3.6%||-10.2%||-21.3%||-45.4%||-70.6%|