snx3lPrice(SNX3L)
Details snx3l (SNX3L) Price information (USD)
The current real-time price of SNX3L is $0.0917. In the past 24 hours, SNX3L has traded between $0.0880 and $0.0990, showing strong market activity. The all-time high of SNX3L is $11.98916, and the all-time low is $0.000059.
From a short-term perspective, the price change of SNX3L over the past 1 hour is
snx3l (SNX3L) Market Information
snx3l (SNX3L) Today's Price
The live price of SNX3L today is $0.0917, with a current market cap of --. The 24-hour trading volume is 178K. The price of SNX3L to USD is updated in real time.
snx3l (SNX3L) Price History (USD)
What is SNX3L (SNX3L)?
When is the right time to buy SNX3L? Should I buy or sell SNX3L now?
Before deciding whether to buy or sell SNX3L, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SNX3L technical analysis can provide you with trading references.
Future price trend of SNX3L
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SNX3L.
How much will SNX3L be worth tomorrow, next week, or next month in ? What about your SNX3L assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SNX3L Price Prediction
How to buy SNX3L (SNX3L)
Convert SNX3L to local currency
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SNX3L (SNX3L) FAQ
What is SNX3L and its intended purpose as a crypto asset?
SNX3L was conceived as a "Synthetix 3x Long" token, functioning as a leveraged trading product. Its primary design was to offer amplified exposure to the price movements of Synthetix (SNX), the native token within a decentralized perpetual futures protocol built on Ethereum. These types of tokens are structured to magnify returns or losses in comparison to the underlying asset's performance.
What is the current operational status of the SNX3L token?
Currently, the SNX3L token is largely inactive. Its status is reported as "Inactive," with no active trading or an available exchange rate. This indicates a significant cessation or extremely low level of activity for the token within the cryptocurrency market, suggesting it is no longer a viable trading instrument.
Is SNX3L currently tradable or exchangeable on cryptocurrency platforms?
Based on the available information, SNX3L is not actively tradable or exchangeable at present. There is no listed exchange rate for the token, and reported trading activity suggests it has either ceased entirely or is extremely minimal. This means users cannot typically buy, sell, or swap SNX3L on active markets.
What specifically does the designation "3x Long" imply for SNX3L?
The "3x Long" designation means that SNX3L was engineered to deliver three times the leveraged returns of the underlying Synthetix (SNX) token. Consequently, its price movements were intended to be three times more volatile and sensitive to changes in the SNX price, aiming for amplified gains when SNX experienced upward price movements.
Which entity was originally responsible for issuing the SNX3L token?
SNX3L was initially issued by the LBank Exchange. Leveraged tokens such as SNX3L are typically created and managed by cryptocurrency exchanges. Their purpose is to provide users with simplified exposure to leveraged positions, removing the direct need for users to manage collateral, margin requirements, or the complexities associated with liquidations in traditional leveraged trading.
How is SNX3L conceptually related to the broader Synthetix (SNX) ecosystem?
SNX3L was a derivative product directly linked to Synthetix (SNX). The SNX token is fundamental to a decentralized protocol on Ethereum that facilitates the creation and exchange of synthetic assets, known as Synths. SNX3L was specifically designed to offer leveraged exposure to the price performance of this core SNX token, making it a product derived from the Synthetix ecosystem.
