Synthetix

Swap Synthetix (SNX)

Price now

$0.204873

CoinGecko, 02:01 UTC

Networks

1

ERC20

Memo / tag

not used

Confirmations

6–64

Ethereum

Minimum SNX → USDT

134.75 SNX

≈ $27.61

Minimum USDT → SNX

30.04 USDT

payout fee 5 SNX

What to know about Synthetix

SNX is the collateral of Synthetix: stakers lock SNX to mint the sUSD stablecoin and take on a share of the system's debt, earning fees in return. That design has two consequences for swaps. Staked SNX is locked while there is outstanding debt, so it has to be unstaked by burning sUSD first. And staking rewards have historically been paid as escrowed SNX that vests over twelve months and cannot be transferred before then. Synthetix runs on both Ethereum and Optimism, but the provider handles SNX on Ethereum only; SNX on Optimism needs bridging first.

Wallets for this network: MetaMask, Ledger, Rabby

SNX networks: address, confirmations, memo

NetworkAddress formatDeposit / payoutConf.MemoContract
ERC20Ethereum0x + 40 hex charactersyes / yes6–64—0xc011a7…af2a6f

Provider data, 2026-10-20. Gas: ETH.

Swap directions for SNX

Every SNX swap direction

SNX mistakes that cost money

  • Trying to swap SNX that is staked against sUSD debt. Burn the debt and unstake first.

  • Counting escrowed SNX as available. It vests over a year.

  • Sending SNX from Optimism to an Ethereum deposit.

SNX to USD: popular amounts

SNXUSD≈ USDT after 1%
50$10.2410.1412Swap
250$51.2250.7061Swap
500$102.44101.4121Swap
2,500$512.18507.0607Swap
5,000$1,024.371,014Swap
25,000$5,121.835,071Swap
50,000$10,243.6510,141Swap

CoinGecko, 02:01 UTC. Before the payout network fee.

SNX: questions and answers

Why can't I move all of my SNX?

Part of it is either locked as collateral or held in escrow until it vests.

Which network is SNX on here?

Ethereum mainnet.

More defi tokens

All coins in the directory · Memo and tag checker · Deposit confirmations

Synthetix (SNX): contract, networks, swap | KOT.CASH