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.
Revenue Verifiability
Verified and Transparent
Value Accrual TypesNot Tracked
Token Contract VerificationSmart Contract Address
Revenue to Holders
33%
0%100%
SNX Protocol Revenue FAQ
Key questions and answers about Synthetix revenue, fees, and token value accrual
How does Synthetix generate revenue?
Synthetix generated $83.9M in gross revenue from Nov 2021 to Oct 2026 (1788 days), with $82.1M retained as net revenue. $82.1M accrued to SNX token holders.
This averages $$46.9K in daily gross revenue across the tracked period.
Does Synthetix burn SNX tokens?
No, Synthetix does not currently burn SNX tokens. The protocol does not employ a buy-back-and-burn or direct token burn mechanism.
How do SNX tokenomics work?
The protocol generates fees from user activity, with a portion distributed back to SNX holders.
Read our deep dive: Synthetix tokenomics analysis.
What is Synthetix's gross revenue used for?
In 2026, Synthetix generated $25.6K in gross revenue. Of that, $6.8K was distributed to token holders, $18.9K was retained as protocol revenue (treasury).
Year-by-year revenue breakdown:
- 2026: $25.6K gross revenue — $6.8K to holders, $18.9K to protocol
- 2025: $2.6M gross revenue — $1.9M to holders, $664.4K to supply-side
- 2024: $22.1M gross revenue — $20.9M to holders, $1.1M to supply-side
Is Synthetix's gross revenue growing or declining?
Synthetix's gross revenue has increased by 118.6% over the past 90 days compared to the prior 90-day period, from $5.9K to $12.9K.
- Recent 90d daily average: $144/day
- Prior 90d daily average: $66/day
