I got TLX Tokens, where can I swap them for SNX?
TLX is being unified into the Synthetix ecosystem. As part of this process, TLX can be migrated to SNX through an official migration flow that uses a vesting schedule.
How the migration works & key details
- An official TLX → SNX migration interface is available
- Migrated SNX is released according to a vesting schedule
- The vesting structure is:
- a 1-month lock period
- followed by 4 months of linear vesting
- The lock period for all TLX holders began on December 5, 2024, regardless of when TLX is deposited
- TLX not deposited into the migration contract within 2 years of the start date will be ineligible for conversion
- Conversion rate: 18 TLX = 1 SNX
Step-by-step: Migrating TLX to SNX
-
Deposit TLX via the migration site
- Go to the TLX Migration Site.
- Deposit all TLX you wish to migrate
-
Claim SNX as it vests
- Once deposited, your migrated SNX follows the vesting schedule
- After the 1-month lock period, SNX unlocks gradually over 4 months
- Return to the migration site periodically to claim vested SNX
If you have any problems, do not hesitate to contact an agent.
Need Help?
If you encounter issues during the migration process, contact Support and include:
- Your wallet address
- The amount of TLX you attempted to migrate
- The step where you encountered an issue
This will help the team investigate and assist you more quickly.