Synthetix
SNX#268$0.174841-1.46% (24h)
70.1
050100
Fundamentals indicate this coin may be trading below its fair value.
Synthetix in 30 seconds
Largest model contributions
Contribution to the current score, not a cause of price changes.
- MVRV Proxy (Price / ATH)18.1 score points · 19% weight
- Supply Dynamics16.2 score points · 19% weight
- Tokenomics12.1 score points · 14.3% weight
What is missing?
Developer Activity, Capital Locked (MCap / TVL)
Unrecorded inputs are not scored as zero.
Coverage and timestamp
11/13 · 84% model weight
Nov 3, 2026, 11:00 AM UTC
Coverage is not predictive confidence. Security audits, reserves and unlock schedules are outside this score.
Inspect the breakdownCheck source qualityData quality and source age
Partial data coverage11/13 components · 84% measured model weight
Not measured: Capital Locked (MCap / TVL), Developer Activity. Missing components are excluded; their weights are redistributed across measured components.
Market data
CoinGecko
Within the time threshold
Nov 3, 2026, 10:58 AM UTC
Age when checked: 12 min · Advisory threshold: 2 h
Used by 11 components.
Developer data
CoinGecko / GitHub
Within the time threshold
Nov 1, 2026, 6:02 AM UTC
Age when checked: 2.2 days · Advisory threshold: 72 h
No component uses this source.
Capital locked
DefiLlama
Within the time threshold
Nov 3, 2026, 9:13 AM UTC
Age when checked: 2 h · Model threshold: 72 h
No component uses this source.
Protocol fees
DefiLlama
Within the time threshold
Nov 3, 2026, 9:13 AM UTC
Age when checked: 2 h · Model threshold: 72 h
Used by 1 components.
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Not Financial Advice
This page is an informational analysis, not investment advice. The CryptoValue Score is an algorithmically generated rating from public data — it does not replace professional advice. Cryptocurrencies are highly volatile; total loss is possible. Read full risk disclaimer →
Understanding the Value Score
Rated 0-100 based on 13 fundamental metrics. Higher = more undervalued.
Strong Value80-100
Undervalued65-79
Fair Value45-64
Overvalued32-44
Strong Sell0-31
Synthetix is a decentralized perpetual futures protocol built on Ethereum Mainnet. Synthetix uses a hybrid design — off-chain order matching on a high-performance CLOB with on-chain settlement — to deliver low latency, deep liquidity, and MEV-resistant execution while keeping custody and finality on Ethereum. Traders get CEX-like performance with on-chain security and composability. The protocol’s liquidity is provided by the Synthetix Liquidity Provider (SLP) vault and backstopped by staked SNX...
Market Cap
$101.57M
24h Volume
$2.95M
Circulating Supply
581M
SNX — of 581.4M max (100%)
All-Time High
$28.53
0.6% of ATH
Price Performance
24 Hours-1.46%
7 Days-10.70%
30 Days-32.30%
Value Score Breakdown
Score Change:-6.90%(since close)-7.20%(7d)
Very strong95
Strong70
Very strong85
Tokenomics14%
Very strong85
Strong60
Average45
Very strong80
Very weak15
Average55
Weak30
Very strong85
Overvalued
Fair
Undervalued
Why did the score change?
Loading calculation evidence…
The numbers behind the score
- Valuation per year of protocol fees
- 3,267×
- Valuation per locked capital
- 117×
- Time since the all-time high
- 2.1K days
- Metrics actually applied
- 11 / 13
The market values Synthetix at 3,267× what users paid in fees to use it over the last twelve months ($31,089). Whether those fees reach token holders differs by protocol — Bitcoin's go to miners, Lido's to the protocol itself.
$101.57M of market capitalization against $870,872.02 that users have deposited in the protocol.
The last all-time high was on February 13, 2021. How far below it the price sits is a different question; how long it has stayed there is this one.
11 of 13 components could be measured for Synthetix, carrying 84 of 100 weight points between them. The rest had their weight redistributed rather than filled with a neutral value.
Computed by Longchain from the published methodology. Not investment advice. Who we are.
Price & Score History
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Understand the Metrics
Synthetix's Value Score rests on 11 of 13 metrics. Learn what each one means: