Details about Synthetify cryptocurrency
€78,999 ( -3.1109%)
€138,260
100,000,000
11,560,000
8.649
Unknown
http://synthetify.io/
@synthetify
14898200x
€102026
Synthetify price charts
SNY exchanges
Synthetify, the crypto
Synthetify (SNY) is a decentralized synthetic asset issuance protocol that enables decentralized finance (DeFi) traders to tokenize a wide range of assets, such as cryptocurrencies, stocks, fiat currencies, and commodities, through the use of price feeds.
The point
The main point of Synthetify (SNY) is to provide a decentralized infrastructure that allows traders to create, trade, and manage various synthetic assets in a trustless and transparent manner by eliminating the need for intermediaries such as banks, brokers, or exchanges, while preserving the security and integrity of the underlying assets through the use of smart contracts and oracles.
The problem
Synthetify (SNY) is designed to solve the problem of limited access to global financial markets and traditional assets for the average investor, as well as the high costs and barriers to entry associated with traditional financial systems. It aims to provide fair and open access to financial markets by enabling the creation and trading of on-chain synthetic assets, which can be traded 24/7 without any restrictions, allowing anyone to invest in any asset class, from anywhere, at any time.
Compare SNY and BTC performance
| Timeframe | SNY | BTC |
|---|---|---|
| 1h change | 0.04645 % | -0.113414 % |
| 24h change | -2.95 % | 0.280879 % |
| 7 day change | -12.85 % | -1.26201 % |
| 14 day change | -28.37 % | -9.72239 % |
| 30 day change | -37.91 % | -7.76318 % |
| 200 day change | 256.91 % | 126.331 % |
| Year change | -8.68 % | 132.257 % |