Evaluation
'24-07-27 03:38
$2.1999
(+27%)
Top56%
Market cap (cir.)
$617.87M
Market price
$1.9146
Evaluation price
$2.1999 (+27%)
Evaluation by factors
$2.1999
Average
$1.81
Value
$2.1635
Growth
$1.8491
Momentum
$2.8149
Quality
$2.3619
Native
Synthetix is a non-custodial derivatives exchange protocol built on Ethereum. Synthetix was founded by Kain Warwick and launched in 2017.Overcollateralized borrowers deposit funds into Synthetix and mint synthetic assets.SNX tokenholders own and govern the protocol. They currently take all of the total trading fees paid by traders (revenue). Synthetix's investors include Paradigm, Framework Ventures, Coinbase Ventures, etc.