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 Apr 2026 (1628 days), with $82.1M retained as net revenue. $82.1M accrued to SNX token holders.
This averages $$51.5K 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 $6.8K in gross revenue. Of that, $6.8K was distributed to token holders.
Year-by-year revenue breakdown:
Synthetix's gross revenue has decreased by 99.7% over the past 90 days compared to the prior 90-day period, from $7.8K to $27.