How to Earn Synthetix Network
Discover proven ways to earn SNX through staking and DeFi opportunities in the Synthetix Network ecosystem.
Staking
0.0% p.a.
Earn passively from staking your SNX
Lending
12.0% p.a.
Earn passively by lending your SNX
Get Started: Buy Synthetix Network
Compare Synthetix Network prices across major exchanges
| Platform | Coin | Price |
|---|---|---|
| Nexo | Synthetix Network (SNX) | 0.64 |
| Uphold | Synthetix Network (SNX) | 0.62 |
| YouHodler | Synthetix Network (SNX) | 0.64 |
Tips for buying Synthetix Network:
- Compare prices across exchanges for the best deal
- Think about setting up price alerts for optimal entry points
- Transfer to a secure wallet after purchase for long-term holding
- Start with a small amount to familiarise yourself with the process
Popular Ways to Earn SNX
Explore different methods to earn Synthetix Network and choose what works best for you
Staking
Earn up to 0.0% APY by staking your SNX
| Platform | Coin | Staking rewards |
|---|
Steps
- 1.Choose a staking provider
- 2.Lock your SNX in the staking contract
- 3.Start earning staking rewards
- 4.Keep track of your earnings via the provider dashboard
Tips
- •Compare different providers to find the best rates
- •Think about the lock-up period before staking
- •Start with a small amount to test the service
Be Aware
- •Staked SNX may be locked for an extended period
- •Validator performance impacts rewards
- •Risks of smart contracts
Lending
Earn up to 12.0% APY by lending your SNX
| Platform | Coin | Interest rate |
|---|---|---|
| YouHodler | Synthetix Network (SNX) | Up to 12 APY |
| Aave | Synthetix Network (SNX) | Up to 0.23 APY |
Steps
- 1.Choose a lending platform
- 2.Put your SNX into the lending pool
- 3.Start earning interest straight away
- 4.Withdraw any time (subject to platform conditions)
Tips
- •Compare interest rates across platforms
- •Understand the platform’s security measures
- •Stay updated on market conditions
Be Aware
- •Variable interest rates may vary
- •Platform security risks
- •Market volatility can affect returns
Other Coins to Earn
Diversify your crypto earnings with these popular alternatives
Bitcoin
BTCEarn rewards with Bitcoin through various methods including staking and lending.
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Ethereum
ETHEarn rewards with Ethereum through various methods including staking and lending.
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Tether
USDTEarn rewards with Tether through various methods including staking and lending.
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