Buy Synthetix.
Purchase SNX in a few taps. Buy with a credit, debit card or bank transfer.
Purchase SNX in a few taps. Buy with a credit, debit card or bank transfer.
Synthetix (SNX) is the native token of Synthetix, a decentralized liquidity protocol that enables the creation and trading of synthetic assets — on-chain representations of real-world assets such as currencies, commodities, equities, and cryptocurrencies. Built initially on Ethereum and now expanding to Optimism, Synthetix provides permissionless access to asset exposure without the need to hold the actual underlying asset.
At the core of the Synthetix ecosystem is a system of collateralized debt positions. Users stake SNX to mint synthetic assets (called “Synths”), which track the value of external assets through decentralized oracles. This system allows for decentralized trading of everything from fiat currencies to crypto indices — all on-chain and without traditional intermediaries.
The SNX token is essential for securing the protocol. When users stake SNX, they take on debt proportional to the Synths they mint and earn rewards from trading fees generated on Synthetix-integrated platforms like Kwenta, Polynomial, and others. SNX also functions as a governance token, with holders participating in protocol upgrades and policy decisions via the Synthetix DAO.
SNX is currently priced at $0.67, with a market capitalization of $228,722,925.00. The token reached its all-time high of $28.53 on February 14, 2021. There are 343,466,217 SNX tokens in circulation, from a total supply of 343,889,850.1, and a maximum supply of 343,889,850.1.
Synthetix introduced a simplified SNX staking model in May 2025, allowing users to earn rewards from protocol revenue without managing debt positions . The protocol also migrated Perps V4 back to Ethereum mainnet in June 2025, adding an off-chain matching engine to reduce gas costs while keeping on-chain settlement. Additionally, Synthetix distributes weekly incentive rewards and occasional treasury grants — like the STP‑8 integrator program — to support ecosystem development.
Buy Synthetix via credit or debit card directly through Nexo, or choose another supported payment method for access. If you’re ready to proceed, head over to the Nexo Exchange and buy SNX.
Swap assets for SNX with fixed price execution on Nexo’s crypto exchange.
Borrow funds from 2.9% interest without selling any of your Synthetix.
Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.
Make free Synthetix transfers to your family or friends as long as they have a Nexo account.
After verifying your account:
You can buy Synthetix directly with a credit or debit card, as well as cards connected to your Apple Pay or Google Pay.
To learn more about how to buy Synthetix via card, visit our dedicated Help Center article.
You can top up funds from your local bank via a bank transfer. EUR and GBP transfers arrive quickly, while USD wires generally take up to 2 business days to be reflected in your account.
Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of SNX you want.
To start receiving crypto cashback on SNX purchases, your account balance needs to be above $5,000 worth of digital assets. The specific amount you receive depends on your Loyalty Tier.
To get the maximum crypto cashback amount, maintain an account balance above $5,000 worth of digital assets and join the Platinum Loyalty Tier by holding at least 10% of NEXO Tokens against the rest of your portfolio.
To find out the exact reward rates for each tier, visit our Help Center.
We use multiple custodians including Ledger Vault, Fireblocks, and others, to diversify our custodial infrastructure. Along with that we offer:
You can learn more about our fundamentals here.
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