Synthetix Protocol Revenue
Track how Synthetix protocol revenue flows to SNX holders through fees, buybacks, and value accrual mechanisms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
Track how Synthetix protocol revenue flows to SNX holders through fees, buybacks, and value accrual mechanisms.
Key questions and answers about Synthetix revenue, fees, and token value accrual
Synthetix generated $83.9M in gross revenue from Nov 2021 to Aug 2026 (1742 days), with $82.1M retained as net revenue. $82.1M accrued to SNX token holders.
This averages $$48.1K in daily gross revenue across the tracked period.
No, Synthetix does not currently burn SNX tokens. The protocol does not employ a buy-back-and-burn or direct token burn mechanism.
The protocol generates fees from user activity, with a portion distributed back to SNX holders.
Read our deep dive: Synthetix tokenomics analysis.
In 2026, Synthetix generated $12.7K in gross revenue. Of that, $6.8K was distributed to token holders, $5.9K was retained as protocol revenue (treasury).
Year-by-year revenue breakdown:
Synthetix's gross revenue has increased by 413% over the past 90 days compared to the prior 90-day period, from $966 to $5.0K.
