Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows N/A.
Synthetix is constructing a decentralized liquidity provision protocol accessible to any protocol for various applications. Its extensive liquidity and minimal fees serve as a foundation for numerous exciting protocols on both Optimism and Ethereum. Many user-centric protocols within the Synthetix ecosystem, like Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), leverage Synthetix liquidity to drive their operations. Synthetix operates on Optimism and Ethereum mainnet, with its network collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). These Synths track and yield returns on the underlying asset without necessitating direct ownership. This pooled collateral facilitates a range of on-chain, composable financial instruments supported by liquidity from Synthetix. Some upcoming releases from SNX include Perps V2, aiming to enable low-fee on-chain futures trading through off-chain oracles, and Synthetix V3, intending to rebuild the protocol to fulfill its original objective of becoming a fully permissionless derivatives protocol. To learn more about Synthetix, visit their blog or join the SNX Discord. The platform seeks to expand the cryptocurrency domain by introducing non-blockchain assets, granting access to a more comprehensive financial market.
Exchange | Exchange Price | 24h % | 24h High | 24h Low | 24h Vol |
---|---|---|---|---|---|
CoinDCX | ₹ 127.11 | +2.78% | ₹ 135.63 | ₹ 123.67 | ₹ 2,02,194.00 |
Wazirx | ₹ 177 | --- | ₹ 177 | ₹ 177 | N/A |
Bitbns | ₹ 154.01 | --- | ₹ 154.01 | ₹ 154.01 | N/A |
Flitpay | ₹ 133.081 | +1.05% | ₹ 134.904 | ₹ 129.771 | ₹ 18,60,413.15 |
Giottus | ₹ 114.9 | --- | ₹ 114.9 | ₹ 114.9 | N/A |
Unocoin | ₹ 334.98 | --- | ₹ 334.98 | ₹ 115.01 | ₹ 782.52 |
Zebpay | ₹ 1.543027 | --- | N/A | N/A | N/A |