How to Earn Synthetix Network
Discover proven ways to earn SNX through staking and DeFi opportunities in the Synthetix Network ecosystem.
Staking
0.0% APY
Passively earn from staking your SNX
Lending
12.0% APY
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) | 0.63 |
| Uphold | Synthetix Network (SNX) | 0.63 |
| YouHodler | Synthetix Network (SNX) | 0.63 |
Tips for buying Synthetix Network:
- Compare prices across exchanges for the best offer
- Consider 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 suits you best
Staking
Earn up to 0.0% APY by staking your SNX
| Platform | Coin | Staking rewards |
|---|
Steps
- 1.Choose a staking provider
- 2.Stake your SNX in the staking contract
- 3.Start earning rewards from staking
- 4.Track your earnings through the provider dashboard
Tips
- •Compare different providers to find the best rates
- •Consider the lock-in period before staking
- •Begin with a small amount to try out the service
Be Alert
- •Staked SNX may be locked for a prolonged period
- •Validator performance impacts rewards
- •Risks associated with 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.Deposit your SNX into the lending pool
- 3.Start earning interest instantly
- 4.Withdraw anytime (subject to platform terms and conditions)
Tips
- •Compare interest rates across platforms
- •Understand the platform's security measures
- •Monitor market conditions
Be Alert
- •Interest rates that are variable may fluctuate
- •Security risks of the platform
- •Market volatility can impact 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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