Synthetix v1+v2 (SNX)
Total Value Locked$1,789
TVL by Chain
OP Mainnet$1,267
Ethereum$521.96
Key Metrics
Fees (Annualized)$7,405
Fees 30d$607
Fees 7d$104
Fees 24h$1
Cumulative Fees$81.33m
Revenue (Annualized)$7,405
Revenue 30d$607
Revenue 7d$104
Revenue 24h$1
Cumulative Revenue$81.33m
Holders Revenue (Annualized)$7,405
Holders Revenue 30d$607
Holders Revenue 7d$104
Holders Revenue 24h$1
Cumulative Holders Revenue$81.33m
Perp Volume 30d$0
Perp Volume 7d$0
Perp Volume 24h$0
Cumulative Perp Volume$55.775b
Open Interest$0
Total Raised$46.05m
Sep 29, 2017$250,000Round: SeedInvestors: George Burke
Mar 1, 2018$30mRound: ICOInvestors: Buck Stash, George Burke, Infinite Capital
Oct 29, 2019$3.8mRound: Investors: Framework VenturesSource: https://www.theblock.co/linked/44994/defi-project-synthetix-raises-3-8m-from-framework-ventures
Dec 15, 2020$12mRound: Investors: Coinbase Ventures, Paradigm, IOSG Ventures
Protocol Information
Synthetix is a derivatives liquidity protocol providing the backbone for derivatives trading in DeFi.
Category:Synthetics
Audits:
Methodology
TVL: Counts the value of all SNX staked in the 420 pool & legacy escrow contracts under stakingView code on GitHubFees: Fees generated on each synthetic asset exchange, between 0.1% and 1% (usually 0.3%)View code on GitHubRevenue: Fees paid by users and awarded to SNX stakersView code on GitHubHolders Revenue: Fees are granted proportionally to SNX stakers by automatically burning outstanding debt (note: rewards not included here can also be claimed by SNX stakers)View code on GitHubPerp Volume: Notional volume of all trades in the protocol, includes leverageView code on GitHubIncome Statement for Synthetix v1+v2
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $2,953 | $390,696 | $238,823 | $1.12m | $5.92m | $1.91m | $2.89m | $9.66m | $10.08m | $8.53m | $8.96m | $6.23m | $1.18m | $13.53m | $10.06m | $529,180 | $103,577 |
| Revenue | $2,953 | $390,696 | $238,823 | $1.12m | $5.92m | $1.91m | $2.89m | $9.66m | $10.08m | $8.53m | $8.96m | $6.23m | $1.18m | $13.53m | $10.06m | $529,180 | $103,577 |
| Earnings | $2,953 | $390,696 | $238,823 | $1.12m | $5.92m | $1.91m | $2.89m | $9.66m | $10.08m | $8.53m | $8.96m | $6.23m | $1.18m | $13.53m | $10.06m | $529,180 | $103,577 |
| Token Holder Net Income | $2,953 | $390,696 | $238,823 | $1.12m | $5.92m | $1.91m | $2.89m | $9.66m | $10.08m | $8.53m | $8.96m | $6.23m | $1.18m | $13.53m | $10.06m | $529,180 | $103,577 |