Synthetix Tokenomics Overview
Full Synthetix tokenomics breakdown: SNX token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
Full Synthetix tokenomics breakdown: SNX token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Comprehensive breakdown of all investment rounds, pricing terms, and vesting schedules
Key questions and answers about Synthetix tokenomics.
Synthetix token distribution allocates 343,889,850 SNX across 5 primary stakeholder groups:
SNX uses variable cliffs and vesting schedules that change depending on the allocation:
21.9% of the total supply (74,401,888.165 SNX) is unlocked at TGE, with the tokens split between Investors, Community, and Public Sale.
Synthetix has a total supply of 339,889,850 SNX, of which 320,901,748 SNX (94.4% of total) is currently circulating.
Total length of the full Synthetix emission schedule is 6 years, with 30.21% released in Year 1, while the remaining 64.21% is released over the following 5 years.
Synthetix has 3 investor rounds, with the following investment price and vesting:
53% of the Synthetix supply is allocated to community focused pools such as Staking, Partnership Incentives, and Bounties/Airdrop.
Synthetix SNX tokenomics powers decentralized synthetic asset infrastructure on Ethereum and Optimistic Ethereum networks. The protocol utilizes staked SNX tokens as collateral for minting synths, enabling direct asset conversions without traditional counterparties or order books. Token holders participate in governance while earning pro-rata trading fees and staking rewards from protocol activity. The pooled collateral model supports perpetual futures and spot synthetic assets, creating deep liquidity for DeFi derivatives and novel financial products. SNX economics incentivize long-term token staking through inflation rewards and fee distribution mechanisms.
