Current SNX Price Overview
₹224.98 (▲25.99% in 24h)
Last Updated: 14 Jul 2023 23:58 IST
Key Metrics
| Metric | Value |
| --- | --- |
| 24h Range | ₹178.57 – ₹265.50 |
| 24h Price Change | ₹46.42 |
| Market Cap | ₹72,08,95,40,437 |
| 24h Volume | ₹34,11,90,25,504 |
| Circulating Supply | 32,05,04,673.13 SNX |
Market Data Insights
- Fully Diluted Market Cap: ₹72,25,23,65,493
- Max Supply: 32,12,28,581.08 SNX
- Total Supply: 32,12,28,581.08 SNX
Why Synthetix Network (SNX) Matters
Synthetix Network is a leading DeFi (Decentralized Finance) platform enabling synthetic asset trading. Its native token, SNX, powers staking, collateralization, and governance.
Core Features Driving SNX Demand
- Synthetic Asset Creation: Track real-world assets (e.g., commodities, stocks) on-chain.
- Staking Rewards: Earn fees by locking SNX as collateral.
- Decentralized Governance: SNX holders vote on protocol upgrades.
👉 Learn how to stake SNX for passive income
FAQs: Synthetix Network (SNX)
1. What determines SNX’s price in INR?
SNX/INR rates depend on global exchanges' liquidity, Bitcoin trends, and DeFi adoption. Local demand and regulatory updates also influence prices.
2. How is Synthetix different from other DeFi projects?
Unlike Uniswap or Aave, Synthetix focuses on synthetic assets (e.g., sUSD, sBTC) via pooled collateral, not direct swaps or lending.
3. Where can I buy SNX in India?
Major platforms like OKX and WazirX support SNX/INR pairs. Always verify KYC compliance before trading.
👉 Explore SNX trading pairs today
Historical Trends and Future Outlook
While past data (since 2019) shows SNX’s volatility, its long-term utility in DeFi keeps investor interest high. Monitor ETH upgrades and synthetic asset adoption for price signals.
Stay updated with real-time SNX/INR rates to make informed crypto decisions.
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