Synthetix Synthetix Network Token (SNX) is an Ethereum token that powers the Synthetix platform. It’s an ERC-20 token, meaning that it operates thanks to smart contracts. The platform’s complexity is a testament to the power of the Ethereum network.
As of April 2023 Synthetix has a market cap of 800.43M. This makes Synthetix the world's 63rd largest crypto project.