What is Synthetix?
Synthetix (SNX) is an Ethereum-based token focused on creating synthetic assets through decentralization. The Synthetix platform is a trading platform for synthetic assets which is built on top of the Ethereum Blockchain. They offer a number of different asset categories to choose from such as Fiat currency stablecoins which include the USD/YEN/EURO, Cryptocurrencies such as BTC/ETH/LINK as well as commodities like gold and silver.