Markets.com Logo

SNX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    145.3667$
  • Previous Close
    143.4538$
  • 52 Week Change
    62.15$
  • Day Range
    1.91$
  • 52 Week High/Low
    91.5478$ - 153.7$
  • Dividend Per Share
    0.0118
  • Market cap
    11 912 M$
  • EPS
    2.99
  • Beta
    1.223
  • Volume
    --

About

SNX.US represents Synthetix Network Token trading on U.S. exchanges. Synthetix is a decentralized finance (DeFi) protocol built on Ethereum that enables the creation and trading of synthetic assets (Synths). These Synths track the price of real-world assets like stocks, commodities, and cryptocurrencies, offering users exposure without directly holding the underlying asset. The SNX token is integral to the Synthetix ecosystem, serving as collateral for Synths and incentivizing network participation through staking rewards and governance rights. Its price fluctuates based on factors influencing the broader cryptocurrency market, adoption of the Synthetix platform, and the perceived value of its DeFi services.
Tesla (NASDAQ:TSLA) stock is rising: Can I buy Tesla stock in South Africa?

Tesla (NASDAQ:TSLA) stock is rising: Can I buy Tesla stock in South Africa?

Ghko B|--
Best Investment in UAE For Beginners: ETFs, Monthly Investment Plans, Crypto CFDs

Best Investment in UAE For Beginners: ETFs, Monthly Investment Plans, Crypto CFDs

Ghko B|--
Global ETFs Introduction 2026: AI, Gold, Data Center, Robotics and More

Global ETFs Introduction 2026: AI, Gold, Data Center, Robotics and More

Frances Wang|--
South Africa mining stocks analysis: What are the top 5 mining companies in South Africa?

South Africa mining stocks analysis: What are the top 5 mining companies in South Africa?

Ghko B|--
Forex market analysis: What is EUR USD right now, Is EUR/USD expected to rise?

Forex market analysis: What is EUR USD right now, Is EUR/USD expected to rise?

Ghko B|--
Qatar Stock Exchange (QSE) analysis: How to invest in Qatar stock market for beginners?

Qatar Stock Exchange (QSE) analysis: How to invest in Qatar stock market for beginners?

Ghko B|--
CFD Trading for Beginners in Egypt: Stock CFDs, Index CFDs, Gold CFDs, Forex CFDs and More

CFD Trading for Beginners in Egypt: Stock CFDs, Index CFDs, Gold CFDs, Forex CFDs and More

Ghko B|--

Factors

SNX.US represents Synthetix Network Token. Its price is influenced by several factors: Market Sentiment: Overall cryptocurrency market trends impact SNX's price. Positive sentiment boosts demand, driving prices up, while negative sentiment can cause price declines. Synthetix Protocol Adoption: Increased usage of the Synthetix platform for synthetic asset (Synths) trading enhances demand for SNX, as it's used for collateralization and staking. This increased demand can increase the price. Staking Rewards & Inflation: The amount of SNX staking rewards and the token's inflation rate affect its attractiveness to investors. Higher rewards can drive demand, while high inflation can dilute value. Governance Decisions: Proposals and votes related to Synthetix protocol upgrades, fee structures, or collateralization ratios can significantly influence investor confidence and SNX's price. Regulatory Environment: Cryptocurrency regulations can impact SNX's price. Favorable regulations can attract institutional investors, while restrictive regulations may lead to decreased trading activity and decreased price.

People Also Watch

Latest news

Record-Breaking $500 Billion ETF Inflows in 2026: Historic Inflows Driven by US Stocks and EM Funds

Record-Breaking $500 Billion ETF Inflows in 2026: Historic Inflows Driven by US Stocks and EM Funds

Ghko B|--
Gold Price Today, May 22: XAU/USD Consolidates Near $4,520 Amid Fed Policy Uncertainty

Gold Price Today, May 22: XAU/USD Consolidates Near $4,520 Amid Fed Policy Uncertainty

Ghko B|--
JD Vance Boosts Tech Exposure as Invesco QQQ Stake Tops $1 Million in Latest Disclosures

JD Vance Boosts Tech Exposure as Invesco QQQ Stake Tops $1 Million in Latest Disclosures

Ghko B|--

Latest Education Articles

What Is Direct Market Access (DMA) in Trading?

What Is Direct Market Access (DMA) in Trading?

Julian Parker|--
 What Are Safe Haven Assets? Definition and Examples

What Are Safe Haven Assets? Definition and Examples

Julian Parker|--
9 Types of Risk in Trading: Key Risks Every Trader Should Understand

9 Types of Risk in Trading: Key Risks Every Trader Should Understand

Julian Parker|--
Recommended Topics