SNX/USDT referenceThis market is quoted in Tether. USDT targets the dollar but is not the same as cash USD.Methodology →
Current reference0.1739 USDT
Live market data
24h change-1.53%
24h high0.1788
24h low0.1702
24h quote volume18,684 USDT
Historical closeCurrent reference
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24-hour SNX/USDT history
About Synthetix
A token used in the governance and collateral systems of the Synthetix protocol.
Synthetix is tracked as a token used in the governance and collateral systems of the Synthetix protocol.
Synthetix appears in this directory for research, not as an endorsement. Its defi governance design should be judged through the documented network, supply, control, and failure model rather than through the SNX unit price alone.
How to read the SNX price
The displayed SNX reference is the latest available observation from OKX for SNX/USDT. It belongs to that venue, quote asset, and timestamp; Synthetix has no single official global price.
An executable SNX order can differ after spread, depth, slippage, fees, payment method, and location. This page therefore labels the USDT quote instead of presenting the stablecoin market as cash USD.
Contract, oracle, and governance review for Synthetix
Read the deployed contract controls, oracle dependencies, liquidation or market design, delegate concentration, treasury powers, and host-chain assumptions together.
Reviewed 2026-08-04
Network
Synthetix uses a token deployed on a host chain and associated with a decentralized-finance protocol.
Issuance and supply
For SNX, supply and distribution follow token contracts plus governance-approved incentives or treasury decisions.
Who can influence it
Token voters, delegates, administrators, multisignature signers, and application developers may each retain different powers.
Main use
The documented SNX role includes protocol governance, incentives, and in some cases risk backstops or fee-related decisions.
Main risks
For Synthetix, material risks include smart-contract exploits, oracle failures, administrator privileges, governance capture, bad debt, and dependence on the host network.
What to verify in the Synthetix official information
Confirm the current SNX software or contract, the supply mechanism, parties with upgrade or administrator authority, dependencies such as validators, issuers or bridges, and liquidity in the exact SNX/USDT market. Leave any unsupported field unanswered instead of filling it with a market-cap ranking or social claim.
Synthetix origin and launch context
Synthetix is tracked as a token used in the governance and collateral systems of the Synthetix protocol.
How Synthetix transactions are validated
Synthetix depends on a token deployed on a host chain and associated with a decentralized-finance protocol. The exact validator, miner, host-chain, or contract rules should be checked in the current project documentation.
What makes SNX different
A token used in the governance and collateral systems of the Synthetix protocol. Its intended roles include protocol governance, incentives, and in some cases risk backstops or fee-related decisions, which makes its supply, control, and failure model different from Bitcoin.
Synthetix price questions
Short answers to the things readers usually need before using a market number.
What is the current Synthetix price?
The current Bitcoin.now reference is based on SNX/USDT from OKX. It updates from public market data and is informational only.
How does Synthetix validate transactions?
Synthetix depends on a token deployed on a host chain and associated with a decentralized-finance protocol. The exact validator, miner, host-chain, or contract rules should be checked in the current project documentation.
What are the main SNX risks?
Smart-contract exploits, oracle failures, administrator privileges, governance capture, bad debt, and dependence on the host network.
Is SNX/USDT the same as SNX/USD?
No. USD is fiat money. USDT is a privately issued stablecoin that targets the U.S. dollar. Bitcoin.now keeps those quote assets visibly separate.
Can I buy Synthetix here?
No. Bitcoin.now has no accounts, custody, wallet connections, or order execution. It provides prices and education only.