Synthetix (SNX)
Supply & valuation
Circulating supply can't be independently verified for this asset; this valuation uses total on-chain supply. Why we label it this way
This asset's circulating supply (and any valuation computed from it) is carried from a named source rather than our own chain read: Powered by CoinStats.
Holders & concentration
1.1M SNX (0.2% of supply) sits in the canonical burn address — permanently out of circulation. Concentration figures above exclude it.
Concentration is the standard due-diligence read on attention-driven assets: the fewer wallets control the supply, the more one seller can move the price. Exchange wallets pool many customers, so labelled exchange rows are not single holders.
Largest holders
SNX — frequently asked questions
What is Synthetix's supply?
Synthetix has a circulating supply of 581.0M SNX and a total supply of 581.4M SNX. This asset's supply can't be read from the chain in a single call, so the circulating figure is data powered by CoinStats rather than our own chain read — labelled as such on this page.
How is the SNX price here computed?
The SNX price on this page is TheDistributed's own reference price, computed from on-chain venue data rather than exchange feeds. The full method, tolerances and labels are documented on our methodology page.
Does Synthetix have a market cap?
We don't label a market cap for Synthetix because its circulating supply can't be independently verified. Instead this page shows a total-supply valuation of $122.1M — the reference price times the total on-chain supply — labelled as exactly that.
Is Synthetix its own blockchain?
No — Synthetix (SNX) is a token issued on a host blockchain rather than a native coin. We track it by its verified canonical contract, and its on-chain figures are read from that contract.
Answers are generated from the live figures on this page — our own reference price — and update as the data does.