Synthetix Network Token(SNX)

SNX is token built on the Ethereum platform. SNX is the utility token of the Synthetix exchange. Synthetix Network Tokens back all Synths. SNX has P2C (peer-to-contract) trading. The SNX synthetic assets (Synths) track the prices of a basic asset. These assets are collateralized by the SNX which, when fixed in a contract, enables the issuance of Synths. The total supply of the Synthetix Network Token will jump from 100,000,000 to 245,312,500 with the annual reduction of the inflation rate. Get the latest price of the SNX token, the coin’s market cap, and other data on COIN360.