Synthetix is a blockchain-based platform that allows users to create and trade synthetic assets called 'Synths', which track the value of real-world assets like gold, currencies, or cryptocurrencies.

What is the SNX token used for?

SNX is the native token of Synthetix. It can be used as collateral to create Synths, staked to earn rewards, and used by token holders to participate in governance decisions.

How does Synthetix benefit the crypto world?

Synthetix brings more access to assets, decentralization, deep liquidity, innovation in DeFi, and better capital use, allowing users to trade derivatives without holding the actual asset.

What are Vaults in Synthetix?

Vaults are tools in Synthetix that support perpetual trading, strengthen existing markets, allow users to earn yield, accept multiple types of collateral, and align with Synthetix’s roadmap.

How does the Binance listing help Synthetix?

With SNX listed on Binance, more people can trade it easily, liquidity increases, and the token gains higher visibility and adoption in the global crypto market.

What is Synthetix’s roadmap for 2025 and beyond?

Future plans include a Perps DEX on Ethereum, trading competitions, gasless trading, multi-collateral margin, zero settlement costs, Perps upgrades (V3, V4), and improved liquidity mechanisms.

How is Synthetix governed?

Synthetix is governed through decentralized governance where SNX holders vote on proposals. A Spartan Council guides major decisions, and the core contributors maintain open-source development.

Can I trade Synths without owning the underlying asset?

Yes. Synths replicate the value of real-world assets, allowing users to gain exposure to assets like stocks, crypto, or commodities without holding them directly.

What blockchains does Synthetix run on?

Synthetix runs on Ethereum and other supported blockchains, with plans to move back fully to Ethereum Mainnet from networks like Optimism and Base.

How can users earn rewards in Synthetix?

Users can earn rewards by staking SNX tokens, participating in vaults, and contributing to the system’s governance and liquidity mechanisms.

SYNTHETIX ($SNX) Listing On Binance Exchange

Binance 2025-09-30

Notify Submit Crypto Listing

Synthetix $SNX will be listed on the Binance Exchange Pair with SNX/USDC on September 30th, 2025 at 08:00 (UTC).

About Synthetix ($SNX) Listing On Binance

Published By: divya choudhary

Published at: 2025-09-29

About Synthetix Listing
Good news for the crypto world! Synthetix is now live on Binance. This means the Synthetix token (SNX) can now be bought and sold on one of the world’s biggest crypto exchanges. This listing is an exciting moment for crypto. In this article, we will learn:

Synthetix Details
Synthetix is a system that lets people make and trade synthetic assets on the blockchain. These synthetic assets, called “Synths,” are tokens that copy the price of real-world things. For example, a Synth can follow the price of gold, dollars, or other cryptocurrencies.

Synthetix runs on Ethereum and other blockchains.
The main token of Synthetix is SNX. People can use SNX as collateral to create Synths. They can also stake SNX to earn rewards and help make decisions about the system. Now that Binance lists SNX, more people can trade it easily, and the token gains more attention and liquidity.

How Synthetix Helps the Crypto World

Synthetix brings many benefits:

More access to assets: Users can trade stocks, crypto, or indices without holding the real item.
Decentralization: Trades happen without relying on central authorities.
Deep liquidity: SNX collateral supports many trades, which keeps markets active.
Innovation in DeFi: Synthetix allows new tools like perpetual contracts and options.
Better capital use: The system lets users back Synths with different assets, making it flexible.
With the Binance listing, more traders can join, liquidity grows, and trust in the system may increase.

Vault Features

Synthetix uses vaults to improve its system. Vaults offer several benefits:
Support for perpetual trading: Vaults help make perps trading stable and liquid.
Boost existing markets: Vaults strengthen current Synthetix features.
Earn yield: Users can earn rewards or trading profits by using vaults.
Multi-collateral support: Vaults accept different types of collateral.
Fits roadmap: Vaults are part of Synthetix’s plan for the future.
Vaults are important tools for growing the Synthetix ecosystem.

Synthetix Roadmap

Past and Present
Synthetix is moving back to Ethereum Blockchain Mainnet from other networks like Optimism and Base.
In 2025, Synthetix added Leveraged Tokens and Synthetix Accounts to make trading easier.
Old staking models are being replaced with better governance and staking systems.

Future Plans

Perps DEX on Ethereum (Q4 2025): A decentralized exchange for perpetual derivatives.
Trading competition: $1 million prize to promote new features.
Gasless trading and multi-collateral margin: Easier and cheaper trades.
Zero settlement cost: Trades with almost no fees.
Perps upgrades (V3, V4) and Synthetix V3: Faster and better trading.
Better liquidity: Easier staking and more efficient use of capital.
Synthetix’s roadmap shows it wants to become a strong derivatives platform on Ethereum.

Conclusion

Now that Synthetix is on Binance, the SNX token has better market access and more visibility. Synthetix is a strong system for trading synthetic assets. It brings innovation, liquidity, and decentralization to the crypto world. Vaults, multi-collateral options, and its roadmap toward on-chain perps on Ethereum show its ambition.

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About the Author divya choudhary

Expertise coingabbar.com

Divya is a Crypto Exchange Listing Data Specialist with 3 years of experience in tracking and maintaining accurate information on newly listed tokens across global crypto exchanges. She specializes in documenting listing announcements, verifying token fundamentals, monitoring launch schedules, and updating exchange-specific listing changes with precision.

Her role involves ensuring that all token listing data is reliable, structured, and user-first, enabling traders and analysts to access timely updates in a fast-moving market. With strong analytical skills and a clear understanding of exchange listing processes, liquidity considerations, and market-entry mechanisms, she plays an essential part in delivering trustworthy insights about new token launches and exchange updates for the crypto community.