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  • SNX
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Tokens

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Last updated 5 days ago

SNX

SNX is the governance and utility token of the Synthetix protocol. SNX can be used to vote for council members in elections and to mint sUSD.

SNX was originally issued on Ethereum and has since grown to expand across Base, Optimism, and other networks. As of SNX is no longer inflationary and has been bought back and burned weekly.

CoinGecko:

Stablecoins

sUSD (v2)

sUSD (v2) is Synthetix's over-collateralized stablecoin backed by SNX deposits in the Synthetix v2 system. sUSD can be borrowed with 0% interest against SNX deposits by staking SNX, and is used on Synthetix V2 deployments on Optimism as margin (i.e. Exchange and Leverage). sUSD (v2) is also fungible across Ethereum Mainnet and Optimism networks.

Coingecko (ETH):

Coingecko (OP):

Archive

sUSD (v3) - Phased out

sUSD (v3) is Synthetix's over-collateralized stablecoin backed by SNX deposits in the Synthetix v3 system on Mainnet.

Etherscan:

USDx - Deprecated

USDx is Synthetix's over-collateralized stablecoin on Arbitrum. LPs can borrow it as a loan against their collateral and traders can use it to trade Synthetix Perps as margin.

USDx will be deprecated along with the Arbitrum V3 deployment. For more information, see and stay tuned to our socials for updates.

Coingecko:

governance
staked
Dec. 11, 2023
https://www.coingecko.com/en/coins/synthetix-network-token
https://www.coingecko.com/en/coins/susd
https://www.coingecko.com/en/coins/susd-optimism
https://etherscan.io/token/0xb2f30a7c980f052f02563fb518dcc39e6bf38175
our announcement
https://www.coingecko.com/en/coins/synthetix-usdx