Live snx/INR Price
₹1731.84
Price Changes
₹0
24h Low
₹
24h High
₹
Live snx/INR Price
₹1731.84
Price Changes
₹0
24h Low
₹
24h High
₹
₹173.28
1.83%
0.05%
#62
4,372 Cr
₹169 Cr
27 Cr. SNX
64% Buy 36% Sell
Synthetix Network was launched in 2017 with the name of Havven (HAV) but was branded a year later to Synthetix. It started with the aim of providing synthetic assets on the Ethereum blockchain. A Defi protocol by heart, Synthetic network allows users to access synths (synthetic assets) without the need of holding the particular asset.
A common misconception that arises around this network is people confuse it with stable coins. In reality, these two are very different segments with their own use cases and features.
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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.