Synthetix SNX
Rank #230 defi
Supply release: when does the rest arrive?
No maximum supplyThere is no release date — SNX has no maximum supply.
New SNX is issued indefinitely under the network's own rules, so there is no point at which issuance finishes and no final total to count down to. Long-run scarcity depends on the issuance rate — and on any burning that offsets it — rather than on a hard cap.
Supply at a glance
About Synthetix
Created by Kain Warwick, an Australian founder (2018).
Synthetix in context
Synthetix trades 99% below its all-time high of A$36.79, set in February 2021. Over the past 90 days it has lost 24.0% in AUD terms, trailing Bitcoin's +8.5% by 32.5 percentage points — one of the moves behind today's altcoin season index reading. Daily turnover runs at about 16.3% of its market value — heavily traded, so large orders move it less than the smaller coins.
Computed from our market records at build time — figures refresh with the daily rebuild.
12-month range (AUD)
today sits 1% of the way up the rangeThe supply maths: what would a price target mean?
full calculator →Market cap = price × circulating supply. With 581.0 million SNX circulating, every dollar of SNX price is A$0.58B of market cap — so check what a target actually implies:
Where to buy Synthetix in Australia
Ad disclosure: 'Buy' buttons are affiliate links*; order reflects our exchange scores. It never affects scores or rankings. How we make money
| Exchange | AUD pair | Instant-buy cost | Score | |
|---|---|---|---|---|
| Swyftx | ✓ SNX/AUD | 0.6% + spread | 8.7/10 | Buy on Swyftx* |
| Digital Surge | ✓ SNX/AUD | 0.5% | 7.7/10 | Buy on Digital Surge* |
FAQ
What is the Synthetix (SNX) price in AUD right now?
The SNX price in AUD is about A$0.3164 as of our last data refresh — the price at the top of this page updates continuously from CoinGecko market data (every 10 minutes in production), quoted in Australian dollars first so there's no mental USD conversion. The converter above turns any SNX amount into AUD at the live rate.
How do I buy Synthetix in Australia?
Synthetix is listed on Swyftx, Digital Surge with direct AUD pairs. Deposit AUD via PayID or bank transfer, then buy SNX — most platforms complete this in minutes after ID verification.
Is Synthetix taxed in Australia?
Yes — the ATO treats Synthetix as a CGT asset. Selling, swapping or spending it is a taxable event; holding over 12 months may qualify individuals for the 50% CGT discount. See our crypto tax guide.
When will the rest of the SNX supply be released?
There is no release date — SNX has no maximum supply. New SNX is issued indefinitely under the network's own rules, so there is no point at which issuance finishes and no final total to count down to. Long-run scarcity depends on the issuance rate — and on any burning that offsets it — rather than on a hard cap.
Who created Synthetix?
Created by Kain Warwick, an Australian founder (2018).
What is Synthetix's all-time high in AUD?
Synthetix peaked at A$36.79 in February 2021. Today's price sits 99% below that peak — the stat cards above track it daily.
Why does the SNX price here differ from prices I see in USD?
We quote in Australian dollars, so the number moves with both the coin's USD price and the AUD/USD exchange rate. Most global sites quote USD — multiply by the current exchange rate (or just use our converter above) and the numbers reconcile.
Market data powered by CoinGecko · availability verified against exchange listings
General information only, not financial advice. Crypto is volatile — never invest more than you can afford to lose.