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Synthetix Network News
Top Synthetix Network Stories
$0.692394
24h Volume
$13,180,748
Market Cap
$235,030,874
24h Low/High
$0.689825 /
$0.72534
24h
-4.26%
7d
-7.72%
Latest Synthetix Network News
News
South Korean exchange Upbit has announced that it will suspend deposits for SNX, following a recent trade warning from the Digital Asset Exchange Alliance. According to a recent notice from the crypto exchange, the Synthetix (SNX) token has been labeled…
SNX
Synthetix Network
ETH
Ethereum
News
Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg. The “sUSD 420 Pool,” Announced by founder Kain Warwick on X, the pool will reward participants…
News
Synthetix’s algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko’s price data, sUSD has dropped to $0.7924 as of Apr. 17, down more than 8% in the past 24 hours.…
SNX
Synthetix Network
CRV
Curve DAO
News
A new report from on-chain analytics firm Parsec argues that the recent depegging of Synthetix’s stablecoin sUSD is not the result of bad debt or protocol failure—but a direct consequence of governance upgrade SIP-420. The stablecoin, which is designed to…
News
Synthetix stablecoin sUSD has fallen 6% in the last day to trade at $0.8597, continuing the recent decline below its $1 peg. At the same time, 24-hour trading volume has jumped nearly 487% to over $2.1 million, as per CoinGecko…
Markets
Members of the Synthetix derivatives protocol community have given the green light to a governance proposal, SIP-2043, which seeks to halt the inflation of the SNX token. The latest change paves the way for new strategies, including token buybacks and…
Markets
Dec. 11 data from CoinMarketCap, the world's most-referenced price-tracking website for cryptoassets, Injective, Immutable and Synthetix are the top gainers in the last 24 hours, reporting up to 22% gains.
Markets
Synthetix just reached its 15-month-high, last seen in August 2022. However, the price-daily active addresses (DAA) divergence shows a sell signal despite the “Perps V3” announcement. Synthetix (SNX) is up by 20% in the past 24 hours and has registered…
Markets
The cryptocurrency market has recently faced an alarming decline, with the global market cap plummeting from $1.28 trillion on April 18 to a staggering $1.18 trillion on April 21. Bitcoin (BTC), the flagship cryptocurrency, has experienced a significant drop, with…
Markets
Synthetix’s native SNX token price has surged by over 5% in the last 24 hours, following a $20 million investment in the DeFi project by DWF Labs. DWF Labs, a global digital assets market maker and multi-stage web3 investment company,…
News
The governance token of MakerDAO, MKR, topped gains last week, adding 27%, trackers on Mar. 5 show
News
Synthetix (SNX) has dropped by 5% from its previous levels and is now trading below $3, having gained more than 15% in the last week.
News
New algorithmic stablecoins like TerraUSD Classic (USTC), which depegged from the U.S. dollar early this year and propagated infection over the cryptocurrency world, might be prohibited for two years under a pending bill within the United States House of Reps.…
News
While the crypto market has witnessed massive growth over the last few years, 2022 hasn’t been so good. Digital assets are currently facing severe pressure, which has seen bitcoin, the largest virtual currency by market cap, lose more than 50%…
News
This past weekend, large-cap cryptocurrencies such as Bitcoin and Ethereum experienced another decline to $17,708 and $896, respectively. For Bitcoin, this marked its lowest level since early 2020, while for Ethereum, it was its lowest level since early 2021. Synthetix…
News
The worldwide crypto market cap stands at $1.81 trillion, a 0.18 percent fall from the previous day. The entire cryptocurrency market volume for the previous 24 hours is $83.26B, a 12.07 percent fall. The entire volume in DeFi is present…
Markets
