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Synthetix Network Token (SNX)
Marketcap Ranking
Market Price (24h change)
Total Market Cap
3.7
-
info_outline What is SNX
4.7
SNX Short 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.
SNX Explanation Video
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synthetix.io
SNX
Websitemore_vert
Organization: Unknown
Name: Unknown
Country: Unknown
City: Unknown
Zipcode: Unknown
Address: Unknown
Mail: Unknown
Creation date: 2018-11-19
Expiration date: 2021-11-19
Nameserver: NS-537.AWSDNS-03.NET
build SNX Product Analysis
4.7
SNX Whitepaper
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.
The whitepaper of Synthetix Network Token is 21 Pages long.
The most influencial keywords are: Havven, Nomin, Fees, Prices, Market, Price token, Value, Tokens, Copt, and Transactions.
file_downloadOpen WhitepaperSNX Competitors
- 1.)
TenX
TenX connects your blockchain assets to real world payment platforms. With our app, the TenX card and our forthcoming banking licence, we will be well-positioned to serve as a one-stop hub for seamless interaction between the blockchain ecosystem and the real world.
- 2.)
Aave
Decentralized Lending on Ethereum Network - Lending Ethereum
- 3.)
Utrust
The UTRUST platform aims to provide the consumer protection that buyers take for granted in traditional online purchases - acting as a mediator, resolving conflicts and enabling the possibility of refunds to mitigate fraud, while shielding the merchant from crypto-market volatility. The project wants to enable fast transactions, lower fees, and low cross-border transaction friction, enabling merchants to sell to a growing worldwide audience of crypto-holders. The project aspires to 'build a payment API for marketplace integration that will become the crypto-equivalent of PayPal'.
SNX Product Analysis
Synthetix Network Token was founded back in February 2018.
Its source code was released publicly on github on November 2017
under the MIT License license.
Organization wise, Synthetix Network Tokens Development is Centralized
and is being developed under the lead of Justin Moses.
The consensus on which the Synthetix Network Token network is run is called Not mineable, while
the underlying algorithm is called None.
In the current state of Synthetix Network Token currently is Alpha version
group SNX Community Analysis
2.3
SNX Communities & Events
A place for people to discuss Havven, a decentralised payment network designed to enable everyday cryptocurrency purchases using a stable medium of exchange.
| view_list r/havven Subreddit |
| person 1,284 Subscribers |
| directions_run 5 Active Users |
| create Daily Posts |
| speaker_notes Daily Comments |
| view_list Telegram: Contact @havven_official2 Channel |
| person Members |
| directions_run Online |
Official Twitter account for Synthetix Network Token
| view_list @synthetix_io Channel |
| person 89,580 Followers |
| 02.26.2021 00:20 | Come join us on March 1/2 (timezone-dependent) in the Synthetix Discord for the next community governance call, the first to be run by the community-elected Spartan Council! https://t.co/OagJZ2wnjZ | 102 favorite |
| 02.24.2021 00:55 | 1/4: As per SIP-60, we are now starting another 14 day period of account merging being live. This allows SNX stakers to merge their escrowed SNX balances from multiple wallets. There is a simple UI for account merging available at https://t.co/DxqXj0JDoO. | 67 favorite |
| 02.22.2021 02:40 | SNX stakers have until Feb 24, 2021, 6:00 AM (UTC) to vote for the Synthetix Ambassadors, three community-elected individuals represent the Spartan community across other DeFi governance processes! https://t.co/smIlUoAV5Y | 105 favorite |
| 02.18.2021 06:47 | We've written up a guide to some of the recent updates to the Synthetix interfaces, including debt tracking on Staking, more earning options, and more! https://t.co/jkvBBZKZhF | 160 favorite |
| 02.16.2021 04:45 | 1/3) Illuvium, an upcoming collection and auto-battler game built on Ethereum, has revealed it’s airdropping 5000 ILV tokens to be shared between Synthetix community members who join the @illuviumio Discord by Friday 6am UTC. | 280 favorite |
| 02.16.2021 02:42 | Here is the new composition of the sDEFI (and iDEFI) index, voted in by Synthetix community governance and set to be launched tomorrow (UTC). https://t.co/I0FdtBLVfm https://t.co/roucgzep6G | 409 favorite |
| 02.14.2021 03:52 | 1/ In line with SCCP-77, the s/iDEFI index will be reweighted with a new composition of assets. It will be launched later this week, expected to be either Tuesday or Wednesday UTC time. https://t.co/5ELsNnqbF4 | 138 favorite |
| 02.12.2021 17:05 | $sUSD is now live on @warpfinance. Warp users can now borrow $sUSD using LP tokens as collateral! https://t.co/VMw4dxktWh | 135 favorite |
| 02.06.2021 17:47 | Be warned; this discord message is a scam, and scams are on the rise. (And yeah, we'd *never* include a windows file in an update). https://t.co/8F7RsChtNb | 91 favorite |
| 02.06.2021 02:51 | The annualised rewards for the new shorting incentives are now live! https://t.co/eRaNXMZxqv https://t.co/nxis6xCGFQ https://t.co/Eova48kFHz | 124 favorite |
There are no events for Synthetix Network Token in the next 3 Months
SNX Google Trends
The Google Trends chart displays the search interest on google in Synthetix Network Token
relative to its peak over the last year. A rising chart shows growing interest int he project.
code SNX Development Analysis
4.1
SNX Github Analysis
Code Updates (Commits)
Every change to the codebase of Synthetix Network Token is registered
as a commit. More active projects have many commits, dead projects nearly none.
Code line changes (+/-)
Extending a project results in many new lines of code. Changing existing code results
in nearly the same amount of additions and deletions. Projects that are growing show
a large number of code additions with relatively few deletions.
Programming languages
Repository Numbers
| star 387 Stars |
| remove_red_eye 49 Watchers |
| usb 199 Forks |
| sync_problem 62 Open Issues |
| border_color 63.52 % Comment Coverage |
| lock_open MIT License License |
attach_money SNX Price Analysis
4.1
SNX Price Prediction
Predicted USD Market Price in 24h by Coinpaper
Predicted USD Market Price in 14d by Coinpaper
Converter SNX - USD
Convert between SNX and USD with the live Synthetix Network Token prices, aggregated from all big exchanges that trade Synthetix Network Token.
Market insights
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
account_circle SNX Team Analysis
4.8
SNX Team
SNX Team Leader
SNX Team Members (11)
launchcompare_arrows SNX Exchanges
SNX Markets
| # | Exchange | Pair | Price | 24h Volume | Trusted | |
|---|---|---|---|---|---|---|
| # 1 |  | Binance | SNX/USDT | $ 17.55667 | $ 19,452,274 | check |
| # 2 |  | Coinbase Pro | SNX/USD | $ 17.55820 | $ 11,929,890 | check |
| # 3 | | Binance | SNX/BTC | $ 17.53599 | $ 6,046,538 | check |
| # 4 | | Binance | SNX/BUSD | $ 17.56069 | $ 2,329,661 | check |
| # 5 | | Coinbase Pro | SNX/GBP | $ 17.57084 | $ 1,613,572 | check |
| # 6 |  | Kraken | SNX/USD | $ 17.53300 | $ 1,082,743 | check |
| # 7 | | Coinbase Pro | SNX/BTC | $ 17.54353 | $ 966,366 | check |
| # 8 | | Coinbase Pro | SNX/EUR | $ 17.57348 | $ 906,778 | check |
| # 9 | | Kraken | SNX/EUR | $ 17.58785 | $ 612,910 | check |
| # 10 | | Binance | SNX/BNB | $ 17.53799 | $ 351,603 | check |
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