Synthetix (SNX) Live Price and charts Today

V3GM Election Module 

Synthetix elections have gone FULLY ON CHAIN! No more discord nominations, google sheets, and so on. Users nominate and vote through an election module which includes pitches for candidates, their socials, and so on.

Atomic Swaps and Integrations 

New Liquidation Mechanism 

Ensures the system is properly collateralized and liquidated users that fall below the collateralization requirements. Liquidated SNX is distributed to users alongside their liquidated debt.

This redesigned liquidation mechanism creates better incentive alignment within the system by providing options for stakers to repair their c-ratio with a minimal penalty if they are unable or unwilling to buy synths on the market to restore their c-ratio.

Synthetix Futures

Synthetix's perpetual futures enable a much expanded and capital-efficient trading experience by allowing leveraged long and shorts on Optimism with low fees and instant execution.

For SNX stakers, perps provide an additional source of trading fees from exchange fees and funding rates.