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About SNY

Synthetify is a decentralized protocol allowing for the creation and exchange of synthetic assets without the need for a counterparty. Synthetic assets are backed by SNY tokens. Staking of SNY gives users participation in a global debt pool, which acts as a counterparty for other users to trade against. Participants of the debt pool earn a share of fees generated by the exchange of synthetic assets.

Synthetify (SNY) is a cryptocurrency launched in 2021. SNY has a current supply of 100.00M with 5.63M in circulation. The last known price of SNY is 0.002855536193 USD and is -0.00025332264 over the last 24 hours. It is currently trading on active market(s) with $143,452.66 traded over the last 24 hours. More information can be found at https://synthetify.io/.

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SNY Price Statistics
SNY’s Price Today
24h Price Change
-$0.000253322648.15%
24h Volume
$143,452.667.88%
24h Low / 24h High
$0 / $0
Volume / Market Cap
8.93
Market Dominance
0.00%
Market Rank
#3299
SNY Market Cap
Market Cap
$16,062.39
Fully Diluted Market Cap
$285,553.62
SNY Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SNY Supply
Circulating Supply
5.63M
Total Supply
100.00M
Max Supply
0
Updated Jul 27, 2025 7:58 pm
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SNY
Synthetify
$0.002855536193
$0.00025332264(-8.15%)
Mkt Cap $16,062.39
There's nothing here for now
U.S. Senate Banking Committee Unveils CLARITY Act Draft to Define SEC’s Role in Crypto Regulation
U.S. Senate Banking Committee Unveils CLARITY Act Draft to Define SEC’s Role in Crypto Regulation
The Senate Banking Committee has released a draft of the CLARITY Act, seeking public input on how the SEC regulates digital assets. The bill, already passed by the House, now moves toward Senate review and potential signing by President Trump.Key TakeawaysSenate Banking Committee releases CLARITY Act discussion draft, introducing the concept of “affiliated assets.”Public input open until early August before Senate consideration.House already passed the bill, awaiting Senate approval before heading to President Trump’s desk.Coordination between Senate Banking and Agriculture Committees expected as Democrats’ support will be key to final passage.Senate Draft Puts Focus on SEC’s Crypto OversightOn July 27, the U.S. Senate Banking Committee released a discussion draft of the CLARITY Act, aiming to clarify how the Securities and Exchange Commission (SEC) regulates digital assets.The draft introduces the concept of “affiliated assets” — a framework that could help determine when digital tokens fall under securities rules.The committee is now inviting public feedback through early August, a move seen as critical for shaping the bill before formal Senate debate.House Passed Bill, Trump Signals SupportThe House of Representatives passed its version of the CLARITY Act last week. Once the Senate approves the legislation, it will move to President Trump for signing.The White House crypto chief confirmed Trump supports the bill, framing it as part of his campaign pledge to deliver regulatory clarity for the digital asset sector.What Comes Next?Rashan Colbert of the Crypto Innovation Council said the Senate might not move identically to the House but emphasized that the Banking and Agriculture Committees will likely coordinate on broader crypto market structure legislation.Analysts say Democratic lawmakers’ support will be crucial for the bill’s passage in the Senate.
Jul 27, 2025 7:14 pm

Frequently Asked Questions

  • What is Synthetify protocol?

    Synthetify protocol enables creation, exchange and burn of synthetic assets based on prices provided by a decentralized system of oracles. On Synthetify exchange trading is executed against the public debt pool that allows for almost infinite liquidity and zero slippage even during big trades. Participants of the debt pool earn pro rata exchange fees for acting as counterparties during trades. Debt pool participants need to constantly hold sufficient collateral in Synthetify tokens (SNY) to ensure platform stability.

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  • What is Synthetify token used for?

    Synthetify (SNY) is anticipated to hold the following utility:

    • Collateral for creation of synthetic assets on Synthetify.
    • Discount for performing swaps on Synthetify.
    • In the future SNY will represent vote in governance decisions.
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  • How many SNY will be distributed?

    The initial distribution of SNY is presents as follows:

    • Private Sale 6%
    • Team 20%
    • Ecosystem Reserves 30%
    • Exchange Liquidity 2.4%
    • IEO/IDO 1%
    • Ecosystem Incentivised Fund 20%
    • Liquidity Mining 10.6%
    • Synthetify Debt Pool 10%

    Total supply: 100,000,000

    *Team, Family and Private Sale tokens are subject to 4 years lockup program. In the future Synthetify will introduce perpetual inflation

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  • Who Are the Founders of Synthetify?

    Synthetify is built by a group of experienced blockchain developers to deliver safe and reliable blockchains systems. The company’s CEO and founder is Norbert Bodziony. We launched the project in 2020 in Poland and created a company, Synthetify Labs, in April, 2021. The Synthetify team participated in both Solana hackathons gaining 3rd place on the first one and 2nd place on the second Hackathon in 2021. Our primary focus is always on our product and user experience.

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  • Where Can I Buy SNY?

    SNY is available on a growing number of exchanges, with stablecoin pairs currently available. SNY/USDC pairs are offered on:

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  • What is the all-time high price of Synthetify (SNY)?

    The all-time high of SNY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Synthetify (SNY) is 0. The current price of SNY is down 0% from its all-time high.

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  • How much Synthetify (SNY) is there in circulation?

    As of , there is currently 5.63M SNY in circulation. SNY has a maximum supply of 0.

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  • What is the market cap of Synthetify (SNY)?

    The current market cap of SNY is 16,062.39. It is calculated by multiplying the current supply of SNY by its real-time market price of 0.002855536193.

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  • What is the all-time low price of Synthetify (SNY)?

    The all-time low of SNY was 0 , from which the coin is now up 0%. The all-time low price of Synthetify (SNY) is 0. The current price of SNY is up 0% from its all-time low.

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  • Is Synthetify (SNY) a good investment?

    Synthetify (SNY) has a market capitalization of $16,062.39 and is ranked #3299 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Synthetify (SNY) price trends and patterns to find the best time to purchase SNY.

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