$2.06397
Sell: 24%
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About Synthetix Network Token (SNX)
SNX is a cryptocurrency that enables Synthetix, a decentralised finance (DeFi) protocol that allows users to gain exposure to both crypto and non-crypto assets on the blockchain–this is known as synthetic assets (Synth).
SNX is primarily used as collateral on Synthetix, where one can gain access to a Synth by depositing SNX on Synthetix.