SNX token
Overview
SNX is the native token of the Synthetix protocol, a decentralized platform for minting and trading synthetic assets (Synths) on Ethereum and Optimism. It is used as collateral to back the value of Synths and can be staked to earn fees from trading activity.
Within the DeFi Intel graph, SNX connects to 4 tracked entities, most strongly to Ethereum, Synthetix, Synthetix v3.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
issued_by | Synthetix | 95% |
supports_token | Synthetix v3 | 95% |
supports_token | Synthetix DAO | 95% |
Frequently asked questions
What is SNX?
SNX is a token tracked in the DeFi Intel knowledge graph. It is connected to 4 other tracked entities, most strongly to Ethereum, Synthetix, Synthetix v3.
What type of entity is SNX?
SNX is classified as a token (token) in the DeFi Intel knowledge graph.
What is SNX connected to?
In the DeFi Intel knowledge graph, SNX is linked to 4 other tracked entities, most strongly to Ethereum, Synthetix, Synthetix v3.
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