Synthetix SNX Logo | The Giving Block
What is Synthetix (SNX)?
Discover the key facts about Synthetix (SNX).

About Synthetix

Synthetix is a decentralized trading ecosystem. It is built on the Ethereum blockchain as an asset issuance protocol, where users can create “synthetic” versions of stocks, crypto, or other financial instruments through smart contracts. There is an exchange as well as a decentralized application (dApp) to facilitate trading of the instruments issued on Synthetix.

In order to participate in the Synthetix network, a user must stake their native token, SNX. SNX is ERC20 compliant.

How You Can Give Zakat in Crypto | The Giving Block How You Can Give Zakat in Cryptocurrency To give Zakat using cryptocurrency, The Giving Block is your one-stop destination to find and support charitable organizations. Read more
Crypto Year-End Giving: Why December 31 Is The Best Day For Crypto Donations The largest giving day for the nonprofit sector is December 31. Here's how to make your crypto donation during the year-end giving season. Read more
Crypto Glossary | The Giving Block Crypto Glossary for Nonprofits and Donors: 60+ Terms Explained We’ve put together a glossary of the most popular, essential, and amusing jargon, terms, shorthands, and slang. Read more