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NexFlow › Markets › Optimism › SNX

Is SNX safe?

#226A

Synthetix Network Token·SNX·Optimism

$0.262+7.59% (24h, feed)+0.23% (1h, feed)0.00% Change (6h)

Synthetix Network Token (SNX) · Optimism · on-chain safety read, grade A (92/100)

Data snapshot: 2026-09-27 · source: live token feeds + on-chain flags · refreshed weekly · not financial advice

AA · see the safety checks › Swap SNX safely →

SNX price and market data

Market cap
$152.22M
Liquidity
$94.60K
FDV
$8.45M
Holders
39,667
Age
1,687 days
24h volume
$28.48K
Volume / Mcap
0.02%
Circulating supply
32,240,139 SNX (100.0%)
Total supply
32,240,139 SNX
Low measured
$0.2296 · 09-21
High measured
$0.2671 · 09-26
$0.2631$0.2646$0.2660$0.26742026-09-26 18:07 · $0.26712026-09-27 · $0.2622026-09-27 09:10 · $0.2622026-09-27 15:10 · $0.26209-26 18:0709-27 00:0009-27 09:1009-27 15:10$0.262

Dated price measurements: 4, 2026-09-26 to 2026-09-27. Each point is a measurement, not an interpolation.

Trade SNX

Live quote and wallet connect open in the app — free, non-custodial.

SNX to USD converter

SNX=$0.262USD

Global SNX prices

✓ Cannot mint✓ Cannot freeze
Scanned. Nothing nasty.

NexFlow score: higher = safer (0–100)

Flags to weigh
Clean checks
  • the contract cannot mint new supply contract red flags
  • the contract cannot pause or blacklist transfers
  • contract source code is verified

Re-scan SNX live before you trade

On-chain state changes — verify the current read, then swap non-custodially if it clears.

What the data says about SNX

SNX at 0x8700daec35af8ff88c16bdf0418774cb3d7599b4 is the bridged deployment of Synthetix's network token on Optimism — the collateral asset behind the derivatives protocol that made synthetic liquidity a category of its own. The September 27, 2026 snapshot counts 39,667 holders on this chain around a local float of 32.2 million units priced $8.4 million fully diluted — a small slice of the asset's $152.2 million overall market cap.

The contract read is the clean kind this index prints: mint and freeze authority are both revoked, the contract cannot mint new supply, and the code is not a proxy — the full locked-posture stack that earns the grade. The weak axis is the exit, not the code: $94.6 thousand of tracked pool depth against $15.2 thousand of daily volume is a thin local book, and the ten largest wallets hold 81.1% of supply. Holders are many; depth is not.

Graded A after 1,687 days on the record. The honest shape of this page is a well-worn protocol asset with a locked contract and a shallow local exit — the clean authority read and the thin book are both true, and both are in the snapshot above.

Figures dated September 27, 2026; the live scan refreshes them.

Price and safety history of SNX

Every dated snapshot we hold for SNX — price, market structure and grade, as measured, with nothing interpolated between them.

DatePriceMarket capLiquidityHoldersGrade
2026-09-27$0.262$152.22M$94.60K39,667A
2026-09-26$0.2671$90.70M$88.26K39,667A
2026-09-21$0.2363$137.70M$88.26K39,667A

Contract

0x8700daec35af8ff88c16bdf0418774cb3d7599b4

Verify SNX by this address, never by name or ticker.

Put the SNX grade on your site

Free, no signup — the badge stays updated with each refresh.

Linked shield · click to copy<a href="https://nexflowscan.com/token/optimism/snx/" target="_blank" rel="noopener"><img src="https://nexflowscan.com/api/badge/optimism/0x8700daec35af8ff88c16bdf0418774cb3d7599b4.svg" alt="SNX safety grade A on NexFlow"></a>
Live card · click to copy<iframe src="https://nexflowscan.com/embed/badge/optimism/0x8700daec35af8ff88c16bdf0418774cb3d7599b4" width="380" height="62" style="border:0" loading="lazy" title="SNX safety grade — NexFlow"></iframe>
Markdown (READMEs) · click to copy[![SNX safety grade](https://nexflowscan.com/api/badge/optimism/0x8700daec35af8ff88c16bdf0418774cb3d7599b4.svg)](https://nexflowscan.com/token/optimism/snx/)
Page link (carries your ref) · click to copyhttps://nexflowscan.com/token/optimism/snx/

FAQ

Is SNX a safe token?

As of the 2026-09-27 snapshot, SNX scores 92/100 (grade A) on NexFlow's on-chain read — based on a contract that cannot mint new supply, cannot freeze or blacklist transfers, liquidity of $94.60K and 39,667 holders. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.

Can you sell SNX, or is it a honeypot?

The 2026-09-27 contract read found no sell-blocking controls on SNX — no honeypot flag, no transfer pause, no blacklist — and every honeypot GoPlus positively flags is dropped from this index outright. That clears the contract side; how cleanly an exit fills still depends on your size against the $94.60K of measured depth.

Who holds most of SNX?

SNX has 39,667 holders as of 2026-09-27. A headline count doesn't reveal how much the largest wallets control, so read it with the concentration figure on this page — broad distribution is a good sign, a few wallets owning most of the supply is not.

Can SNX's supply be inflated?

No — the contract cannot mint new supply as of the 2026-09-27 snapshot, so the circulating figure is a ceiling.

What is the SNX contract address?

The SNX contract address on Optimism is 0x8700daec35af8ff88c16bdf0418774cb3d7599b4. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.

Where can you buy SNX safely?

Run the live on-chain scan at the top of this page first; if SNX clears, you can swap it here directly. Whatever venue you use, match the contract address (0x8700daec35af8ff88c16bdf0418774cb3d7599b4) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.

More Optimism tokens

NexFlow on Optimism

NexFlow is an educational risk tool, not financial advice. Figures are a dated on-chain snapshot and can change; a clean read is not a guarantee. Always do your own research. Free · no signup · a NexFlow product