Market Overview
| Metric | Value |
|---|---|
| Market Cap | IDR 3.2 Trillion |
| Fully Diluted Valuation (FDV) | IDR 3.2 Trillion |
| Circulating Supply | 343,466,216 SNX |
| Max Supply | 343,889,850 SNX |
| 24-Hour Trading Volume | IDR 154.87 Billion |
| Total Value Locked (TVL) | IDR 1.25 Trillion |
Data sourced from CoinGecko for informational purposes only. Not financial advice.
About Synthetix
Synthetix is a decentralized Ethereum-based protocol that enables the creation and trading of synthetic assets ("Synths"). These ERC-20 tokens represent real-world assets like commodities (e.g., sXAU for gold), cryptocurrencies (e.g., sBTC), and fiat currencies (e.g., sAUD). Traders can exchange Synths on Synthetix Exchange with minimal slippage, as prices are determined by Chainlink’s oracle network.
Key Features:
- SNX Staking: Users stake SNX tokens as collateral to mint Synths and earn weekly rewards.
- Fee Sharing: Stakers receive trading fees generated by the protocol.
- Decentralized Counterparty: SNX holders collectively act as counterparties to traders.
👉 Explore Synthetix’s official website for developer docs and governance details.
How to Trade SNX on Pintu
- Download the Pintu App (Click here) or scan the QR code.
- Create an Account and complete identity verification.
- Deposit Funds via bank transfer or card payment.
- Buy SNX with IDR at market or limit orders.
Frequently Asked Questions (FAQs)
1. Is there a minimum purchase amount for SNX?
No minimum purchase is required. You can buy fractional amounts of SNX on Pintu.
2. What factors influence SNX’s price?
SNX’s price is affected by:
- Demand for synthetic assets.
- Staking rewards and protocol fees.
- Overall crypto market trends.
3. Is Pintu a secure platform for trading crypto?
Yes. Pintu uses Fireblocks’ MPC technology to safeguard assets and is regulated by Indonesia’s Bappebti.
4. When is the best time to buy SNX?
Consider Dollar-Cost Averaging (DCA) via Pintu’s "Nabung Rutin" feature to mitigate volatility risks.
👉 Learn crypto investment strategies
5. Is crypto trading legal in Indonesia?
Yes, when conducted through Bappebti-certified platforms like Pintu.
Why Invest in Synthetix?
- Innovative Derivatives: Gain exposure to assets without direct ownership.
- Passive Income: Earn staking rewards and trading fees.
- DeFi Growth: Part of Ethereum’s expanding decentralized finance ecosystem.
Always conduct independent research before investing.
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