Max Supply: 212,424,133
Website: https://synthetix.io/
Founding Year: 2017
Blockchain Explorer: https://etherscan.io/token/0xc011a73ee8576fb46f5e1c5751ca3b9fe0af2a6f
Introduction:
Synthetix is a DeFi protocol that provides on-chain exposure to a variety of crypto and non-crypto assets.
The protocol is designed in a way that exposes users to the underlying assets via synths, without having to hold the underlying asset.
SNX is the native token of Synthetix. They are used as collateral for the synthetic assets that are minted. Whenever synths are issued, SNX tokens are locked up in a smart contract.
ApolloX Product: SNXUSDT Perpetual Contract
SNXUSDT is a USDT quoted perpetual contract that has no expiration date or settlement. Funding rates will be updated every 8 hours: