Tap now supports Synthetix (SNX)
We are delighted to announce the listing and support of Synthetix (SNX) on Tap!
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We are delighted to announce the listing and support of Synthetix (SNX) on Tap!

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Synthetix is a decentralized protocol on Ethereum enabling creation and trading of synthetic assets (Synths) that mirror real-world assets like commodities, fiat currencies, and crypto. Users lock SNX tokens as collateral (typically 400-500% ratio) to mint Synths, gaining price exposure without owning underlying assets. Originally launched as Havven in 2017 by Kain Warwick, Synthetix now supports multi-collateral (ETH, USDC) and perpetual futures trading. The platform uses peer-to-contract trading via Kwenta DEX, eliminating slippage. SNX (ERC-20, 343M supply) powers collateralization, staking rewards, and governance through three DAOs.
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