SNX coin information:$SNX

Overview

SNX (Synthetix) is the native cryptocurrency of Synthetix, a decentralized trading platform for synthetic assets.

Key Features

1. Synthetic Assets: Trade digital representations of real-world assets.

2. Decentralized Exchange (DEX): Trade synthetic assets on-chain.

3. Token-based Economy: SNX fuels platform transactions.

4. Governance and Voting: SNX holders participate in decision-making.

5. Blockchain-based: Utilizes Ethereum blockchain.

Current Stats

- Market Cap: $450 million

- Circulating Supply: 150 million SNX

- Total Supply: 1 billion SNX

- All-time High: $7.63 (Feb 2021)

- All-time Low: $0.11 (Mar 2020)

Use Cases

1. Trading synthetic assets (e.g., stocks, commodities, indices)

2. Decentralized exchange (DEX) trading

3. Governance and voting

4. Community participation

5. Yield farming and staking

Availability

- Listed