#Synthetix
What is Synthetix (SNX)?
Synthetix is a decentralized finance (DeFi) protocol that provides on-chain access to a wide range of crypto and other assets. The protocol is built on the Ethereum (ETH) blockchain and offers users access to highly liquid synthetic assets (synthetics). Synthetics replicate the price fluctuations of the underlying asset and allow users to earn without needing to hold the asset directly.
The platform aims to expand the application of cryptocurrencies by introducing assets that are not tied to the blockchain, providing access to a more reliable financial market.
SNXUSDT
Perp
0.408
-3.54%
ETHUSDT
Perp
2,982.32
+0.14%