-
Bitcoin
$89,189.83
-2.21% -
Ethereum
$3,095.51
-3.52% -
Tether USDt
$1.00
-0.02% -
Solana
$213.37
-3.43% -
BNB
$623.23
-2.86% -
Dogecoin
$0.3716
-7.94% -
XRP
$0.8191
15.09% -
USDC
$0.9999
0.01% -
Cardano
$0.6108
5.71% -
TRON
$0.1807
-0.81% -
Shiba Inu
$0.0...02417
-7.36% -
Toncoin
$5.31
-2.43% -
Avalanche
$32.27
-3.49% -
Sui
$3.39
0.71% -
Pepe
$0.0...02196
-5.87% -
Chainlink
$13.50
0.13% -
Bitcoin Cash
$423.98
-4.32% -
Polkadot
$4.94
-2.71% -
UNUS SED LEO
$7.48
-2.72% -
NEAR Protocol
$5.53
3.11% -
Aptos
$11.88
-0.81% -
Litecoin
$82.53
1.23% -
Dai
$0.9998
0.01% -
Uniswap
$8.28
-4.24% -
Cronos
$0.1696
5.92% -
Stellar
$0.1343
6.15% -
Internet Computer
$8.11
-4.32% -
Bittensor
$508.63
-5.49% -
dogwifhat
$3.75
-11.88% -
Render
$6.71
-5.89%
What kind of currency is SNX coin? Introduction to the official website, circulation and trading platform of SNX coins
Synthetix's native token, SNX, allows holders to stake for collateralized synthetic asset creation, participate in governance, and capture ecosystem value.
Oct 03, 2024 at 07:42 am
What is SNX Coin?
SNX is the native token of Synthetix, a decentralized synthetic asset platform. Synthetix allows users to create and trade synthetic assets, which are on-chain representations of real-world assets such as stocks, commodities, and fiat currencies.
Official Website:
https://synthetix.io/
Circulation:
As of March 2023, there are approximately 129.6 million SNX tokens in circulation out of a total supply of 212.4 million.
Trading Platforms:
SNX can be traded on major cryptocurrency exchanges, including:
- Binance
- Coinbase Pro
- FTX
- Huobi Global
- Kraken
Key Features of SNX:
- Collateralization: SNX holders can stake their tokens to provide collateral for synthetic asset creation. In return, they earn rewards in the form of fees.
- Governance: SNX holders can participate in the governance of the Synthetix platform through the SNXDAO.
- Value Capture: SNX tokens capture the value of the Synthetix ecosystem by earning fees from synthetic asset trading and collateral staking.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
IntelMarkets (INTL) Presale Emerges as the New Market Leader, Attracting Investors with AI-Powered Blockchain Trading Platform
- 2024-11-15 18:15:02
-
Shiba Inu (SHIB) Continues to Capture the Attention of Investors and Crypto Enthusiasts
- 2024-11-15 18:15:02
-
7 Crypto Tokens with More Than 50% Increase
- 2024-11-15 18:15:02
-
Top 9 Cryptocurrencies Shaping the Future of Finance
- 2024-11-15 18:25:29
-
Aave Gauges Community Interest for Expansion to Bitcoin Layer 2 Spiderchain
- 2024-11-15 18:25:29
-
Aptos Skyrockets to a $1 Billion TVL with over 8 Million Monthly Users!
- 2024-11-15 18:15:02
Related knowledge
What is the investment prospect of INJ coins
Nov 12,2024 at 04:16pm
What is the Investment Prospect of INJ Coins?Introduction to INJ CoinsINJ coins are the native utility tokens of the Injective Protocol, a decentralized derivatives exchange platform built on the Cosmos blockchain. The Injective Protocol aims to provide a fast, secure, and scalable platform for trading derivatives, spot markets, and futures contracts. I...
Does INJ coin have a ten-thousand-fold potential
Nov 13,2024 at 01:26pm
Does INJ Coin Have a Ten-Thousand-Fold Potential?Determining the potential for astronomical growth, such as ten-fold expansions, involves evaluating a cryptocurrency's underlying fundamentals, market dynamics, and long-term prospects. In the case of INJ coin, an in-depth analysis of these factors reveals a path towards significant appreciation.Understan...
Does INJ coin have a thousandfold potential
Nov 11,2024 at 05:58pm
INJ Coin and Its Thousandfold PotentialIntroductionInjective Protocol (INJ) is a decentralized exchange (DEX) platform that enables trustless peer-to-peer trading of cryptocurrencies and derivatives. The platform is powered by its native token, INJ, which is used for governance, staking, and paying transaction fees. In recent years, INJ coin has gained ...
Does INJ coin have a hundredfold potential
Nov 13,2024 at 04:28pm
Does INJ Coin Have a Hundredfold Potential?In the realm of decentralized finance (DeFi), INJ coin stands out as a promising project with innovative features and significant growth potential. Its mission to revolutionize insurance industry through blockchain technology has garnered considerable attention from investors and industry experts alike. However...
What is the highest price of INJ coins in history
Nov 12,2024 at 03:04pm
What is the Highest Price of INJ Coins in History?INJ, the native token of the Injective Protocol, a decentralized exchange (DEX) built on the Cosmos blockchain, has experienced significant price fluctuations since its launch in 2021. While the cryptocurrency market is known for its volatility, INJ has consistently demonstrated strong performance, attra...
What wallet is good for INJ coins
Nov 14,2024 at 09:02pm
What Wallets Are Compatible with INJ Coins (INJ)?INJ coins, the native cryptocurrency of the Injective Protocol, are supported by several reputable wallets. Each wallet offers distinct features and advantages, catering to diverse user needs. Here's a comprehensive guide to the wallets compatible with INJ coins:1. Injective WalletOfficial wallet develope...
What is the investment prospect of INJ coins
Nov 12,2024 at 04:16pm
What is the Investment Prospect of INJ Coins?Introduction to INJ CoinsINJ coins are the native utility tokens of the Injective Protocol, a decentralized derivatives exchange platform built on the Cosmos blockchain. The Injective Protocol aims to provide a fast, secure, and scalable platform for trading derivatives, spot markets, and futures contracts. I...
Does INJ coin have a ten-thousand-fold potential
Nov 13,2024 at 01:26pm
Does INJ Coin Have a Ten-Thousand-Fold Potential?Determining the potential for astronomical growth, such as ten-fold expansions, involves evaluating a cryptocurrency's underlying fundamentals, market dynamics, and long-term prospects. In the case of INJ coin, an in-depth analysis of these factors reveals a path towards significant appreciation.Understan...
Does INJ coin have a thousandfold potential
Nov 11,2024 at 05:58pm
INJ Coin and Its Thousandfold PotentialIntroductionInjective Protocol (INJ) is a decentralized exchange (DEX) platform that enables trustless peer-to-peer trading of cryptocurrencies and derivatives. The platform is powered by its native token, INJ, which is used for governance, staking, and paying transaction fees. In recent years, INJ coin has gained ...
Does INJ coin have a hundredfold potential
Nov 13,2024 at 04:28pm
Does INJ Coin Have a Hundredfold Potential?In the realm of decentralized finance (DeFi), INJ coin stands out as a promising project with innovative features and significant growth potential. Its mission to revolutionize insurance industry through blockchain technology has garnered considerable attention from investors and industry experts alike. However...
What is the highest price of INJ coins in history
Nov 12,2024 at 03:04pm
What is the Highest Price of INJ Coins in History?INJ, the native token of the Injective Protocol, a decentralized exchange (DEX) built on the Cosmos blockchain, has experienced significant price fluctuations since its launch in 2021. While the cryptocurrency market is known for its volatility, INJ has consistently demonstrated strong performance, attra...
What wallet is good for INJ coins
Nov 14,2024 at 09:02pm
What Wallets Are Compatible with INJ Coins (INJ)?INJ coins, the native cryptocurrency of the Injective Protocol, are supported by several reputable wallets. Each wallet offers distinct features and advantages, catering to diverse user needs. Here's a comprehensive guide to the wallets compatible with INJ coins:1. Injective WalletOfficial wallet develope...
See all articles
