Synthetix · SNX
Synthetix price prediction
One of DeFi's original derivatives engines, Synthetix uses staked SNX as the collateral backing synthetic assets and on-chain trading. The way staking, synths, and protocol revenue interlock makes SNX a coin that rewards understanding the machinery over chasing momentum.
What is Synthetix (SNX)?
Synthetix is a decentralized derivatives liquidity protocol built on Ethereum and its Layer 2 network Optimism. SNX holders stake their tokens as collateral to mint synthetic assets (known as Synths) and to underwrite on-chain derivatives and perpetual futures trading, earning protocol fees and staking rewards in return. The project originally launched as Havven in 2018 before rebranding to Synthetix, and its liquidity layer has been used to power third-party trading platforms such as Kwenta.
| Category | DeFi |
|---|---|
| Launched | 2018 |
| Consensus / type | ERC-20 token |
| Blockchain | Ethereum |
| Max supply | Uncapped |
| Primary use | Collateral for synthetic assets & derivatives |
| Ticker | SNX |
How to predict Synthetix on BitPredict
- Choose Synthetix (SNX) and a timeframe: 24 hours.
- Call it UP or DOWN. Your call locks and timestamps instantly.
- When the timeframe closes, it settles automatically against the market price.
- Your hit rate, streak, and leaderboard rank update, and your full history stays public.
What moves Synthetix (SNX)?
Synthetix is a DeFi protocol for synthetic assets and derivatives, where SNX is staked as collateral to back on-chain trading. Its price tracks protocol usage and trading volume, staking and tokenomics changes, major upgrades, and the overall DeFi risk cycle.
None of that is a forecast: it's what a sharp predictor watches before making a call. Turn your read into a scored prediction, then track how it ages on your accuracy leaderboard.
Curious what a move would be worth? The free crypto profit calculator works out profit, ROI and break-even for SNX and 200+ coins at live prices, and the crypto market cap calculator shows what SNX would be worth at another coin's market cap.
Why call Synthetix on BitPredict
SNX is blue-chip DeFi with real mechanical complexity, so calling it rewards understanding how staking, synths, and protocol revenue interlock. This is a thinking predictor's coin, not a momentum toy.
There's no money at stake and nothing to lose but bragging rights: it's the prediction game without the wager. New here? See how crypto predictions work, why it isn't gambling, or how it compares to Polymarket.
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Frequently asked questions
Can I predict Synthetix for free?
Yes. Calling SNX up or down on BitPredict is completely free: there's nothing to deposit and nothing to wager. You're competing on accuracy, not capital.
What's the SNX price prediction for the next 24 hours?
BitPredict runs on exactly one horizon: the next 24 hours. Rather than a numeric price target or a minute-by-minute forecast, you make a single directional call: will Synthetix (SNX) be higher or lower 24 hours from now? Your call is timestamped and locked the instant you make it, then settles automatically against the market price a day later. If you're weighing what happens next over the coming hours or days, that up-or-down read is what you build a public track record on, not a promise about the exact price.
How does a SNX prediction settle?
You call SNX UP or DOWN over the next 24 hours. Your call is timestamped instantly, and it settles automatically against the market price 24 hours later.
Is this Synthetix price prediction financial advice?
No. BitPredict is a social prediction game for entertainment and reputation. Nothing here is financial, investment, or trading advice. Always do your own research.
