Tokens

SNX

SNX is the governance and utility token of the Synthetix protocol. It is used to vote for governance council members in elections and can be staked to earn SNX rewards. Staked SNX backs Synthetix products.

SNX staking is available on Ethereum Mainnet. Some legacy stakers may participate in the Debt Jubilee on Optimism with their staked SNX tokens, however all new products will be available only on Ethereum Mainnet. Those with tokens on other networks who are not participating in the debt jubilee on Optimism are encouraged to bridge back to Ethereum Mainnet as we deprecate old products.

• SNX on CoinGecko

sUSD and Stablecoins

• sUSD is the primary over-collateralized stablecoin of the Synthetix ecosystem. It is available on Ethereum Mainnet for staking and LPing, and is available on Optimism for trading on Perps v2 (now closed to new users) and settling legacy Debt Jubilee positions.

  • sUSD on CoinGecko

Bridging sUSD

sUSD can only be bridged between Ethereum Mainnet and Optimism using Superbridge. See Bridging sUSDfor detailed instructions.

All Optimism products have been deprecated. sUSD should only be bridged to Ethereum Mainnet