Details about Aave SNX cryptocurrency
Aave SNX
ASNX
Unknown for now
€0
848,829
1
Unknown
https://aave.com/atokens
@aaveaave
500050x
€1400140
Aave SNX price charts
ASNX exchanges
Aave SNX, the crypto
Aave SNX (ASNX) is a synthetic asset on the Aave protocol that tracks the price of Synthetix (SNX) token, which is a decentralized finance (DeFi) platform that enables the creation of synthetic assets that track the value of real-world assets.
The point
The main point of Aave SNX (ASNX) is to provide users with exposure to the price of Synthetix (SNX) token without actually holding it, as well as enabling users to lend and borrow ASNX on the Aave platform.
The problem
Aave SNX (ASNX) tries to solve the problem of price exposure to Synthetix (SNX) token without actually holding it, making it easier for users to diversify their portfolio and manage their risk. Additionally, it allows for lending and borrowing of ASNX on the Aave platform, providing more liquidity for the token.
Compare ASNX and BTC performance
Timeframe | ASNX | BTC |
---|---|---|
1h change | 0.262646 % | 0.109009 % |
24h change | 5.04 % | 2.18406 % |
7 day change | -6.68 % | -5.76209 % |
14 day change | -23.91 % | -3.00974 % |
30 day change | -20.7 % | 1.6345 % |
200 day change | 39.95 % | 125.613 % |
Year change | 4.65 % | 125.789 % |