Synthetix provides liquidity infrastructure for perps trading platforms. Users can deposit various assets to provide liquidity to markets that are build on the Synthetix Core system. Integrators build trading frontends and novel derivatives like leveraged tokens and automated trading strategies on top of Synthetix infrastructure to provide their users access to various trading products. Synthetix has live deployments on Ethereum, Base, Optimism, and Arbitrum.
Where is Synthetix USDx available for purchase?
You can exchange USDX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Synthetix USDx is Curve (Arbitrum), notably the USDX/USDX pair, which saw a trading volume of $ 0.1846 in the past day.
What is the highest value Synthetix USDx (USDX) has ever reached?
Synthetix USDx (USDX) reached its peak price at 1.058 $ on 13 November 2024, approximately 9 months ago ago. Presently, the current price is -9.97% lower than this all-time high.
What is the historical minimum price for Synthetix USDx (USDX)?
The minimum price reached for Synthetix USDx (USDX) was 0.6203 $, documented on 03 January 2025, more than 7 months ago. In comparison, the current price is 53.52%, it above this historical low.
What is the fully diluted valuation of Synthetix USDx (USDX)?
The fully diluted valuation (FDV) of Synthetix USDx (USDX) stands at $ 274,967. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of USDX tokens. The realization of this FDV might take several years depending on the emission schedule of USDX tokens.