SNX (SNX)

$0.2010 -7.29% 24H

41
社交熱度指數(SSI)
-27.27% (24h)
#115
市場預警排名(MPR)
-64
1
24小時社交提及量
-80.00% (24h)
100%
24小時KOL看好比例
1位活躍KOL
概要
SNX down 7.3%, social heat down 27%, SIP‑423 drives low-price sUSD exchange for new SNX, market sentiment weakens.
看漲訊號
- sUSD low-price exchange for SNX
- New SNX stimulates demand
- May improve liquidity
- KOL mentions new protocol
- Price pullback buying opportunity
看跌訊號
- Price down 7.35%
- Social heat plummeted 27%
- Newly minted SNX dilutes supply
- sUSD discount shows pressure
- Trading activity heat weakens

社交熱度指數(SSI)

總體資料
41
SSI
社交熱度趨勢(7D)
價格(7D)
情緒分佈
看漲 (100%)
社交熱度洞察
SNX social heat is low (40.73/100, -27%), activity dropped sharply by 68%, positive sentiment rose 358%, KOL attention fell 95%, linked to price drop of 7.3% and low-price sUSD exchange.

市場預警排名(MPR)

預警解讀
SNX warning rank fell to #115 (down 64), social abnormality dropped to 36.98 (down 63%), sentiment polarization rose to 50 (up 100%), KOL attention remains low at 0.5, reflecting sharp heat decline and price pullback.

相關推文

2Lambroz 🐑 (🧑‍🍳🥩🤌) DeFi_Expert Trader C
31.79K @2lambro
2Lambroz 🐑 (🧑‍🍳🥩🤌) DeFi_Expert Trader C
31.79K @2lambro
prob best way to retire $sUSD at 0.25 already SIP-423 lets sUSD holders redeem at $1 par value paid in newly minted $SNX tokens (4 SNX per $1 sUSD with some lock up). 46.7M sUSD × 4 = 187M new SNX on a 345M supply. ~52M of those will eventually hit the real float (~29% increase). low perps fees last 7 days, low buyback pressure absorbing the dilution...? Governance vote June 26.
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閱讀原文 >
釋出後SNX走勢
看漲
SNX will generate about 187 million new tokens due to sUSD redemption, with limited short‑term dilution, worth watching.
The Defiant Media Influencer D
363.44K @DefiantNews
A follow-up to this story earlier today: In a detailed thread, @kaiynne takes the full blame for the "mismanagement" that led to the sUSD depeg. More here: https://t.co/8f0hmwUQBE
The Defiant Media Influencer D
363.44K @DefiantNews
Synthetix governance votes to retire sUSD stablecoin entirely under SIP-423, converting all holdings to vested SNX at a 4:1 ratio. Technical implementation SIP-424 pending. Read more here: https://t.co/xJmMJwlTNM
19 2 5.75K
閱讀原文 >
釋出後SNX走勢
看漲
SNX will receive a 4:1 conversion from sUSD, boosting holding value
Cilinix Technical_Analysis B
5.46K @cilinixcrypto
No way this is true right? $SNX will die 100%
Markets Alpha D
2.17K @MarketsAlpha
Kain (@kaiynne), the founder of Synthetix $SNX, a project that reached an ATH market cap of roughly $3B a few years ago, just announced the approval of a proposal to deprecate sUSD, Synthetix’s stablecoin. https://t.co/yiF4ZN354o This comes after a sustained depeg that began in March 2025, and only months after Synthetix said sUSD would remain its foundational stablecoin and targeted restored peg stability by the end of Q2 2026. sUSD holders will be compensated with 4 $SNX for each sUSD, which is around $0.94 at current prices, without taking into account SNX liquidity. Since sUSD circulating supply is 69.8M units, this proposal could mint up to an additional 279.4M new $SNX ($65.4M at current prices), with a 1-year lockup + 1-year vesting. For context, the current $SNX market cap is $81M and this proposal could increase total SNX supply by more than 80%.
1 0 1.49K
閱讀原文 >
釋出後SNX走勢
極度看跌
Synthetix proposes to issue additional SNX to compensate sUSD holders, which could increase SNX supply by about 80% and spark fears of the token price collapsing to zero.
VietnamPenguin Derivatives_Expert OnChain_Analyst S
3.82K @VietnamPenguin
BTW, Synthetix raised ~$65M across 7 rounds. Infinex sold ~63% of its token supply for ~$72M through direct sales, vouchers, patron rounds and whatever other packaging was needed. Today, almost every investor is underwater (including $INX + $SNX secondary market buyers). Maybe the real product was fundraising all along.
Markets Alpha D
2.17K @MarketsAlpha
Kain (@kaiynne), the founder of Synthetix $SNX, a project that reached an ATH market cap of roughly $3B a few years ago, just announced the approval of a proposal to deprecate sUSD, Synthetix’s stablecoin. https://t.co/yiF4ZN354o This comes after a sustained depeg that began in March 2025, and only months after Synthetix said sUSD would remain its foundational stablecoin and targeted restored peg stability by the end of Q2 2026. sUSD holders will be compensated with 4 $SNX for each sUSD, which is around $0.94 at current prices, without taking into account SNX liquidity. Since sUSD circulating supply is 69.8M units, this proposal could mint up to an additional 279.4M new $SNX ($65.4M at current prices), with a 1-year lockup + 1-year vesting. For context, the current $SNX market cap is $81M and this proposal could increase total SNX supply by more than 80%.
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閱讀原文 >
釋出後SNX走勢
極度看跌
The deprecation of sUSD by Synthetix will mint more than 80% additional SNX, creating massive dilution pressure on SNX price and sharply reducing project revenue.
Ericonomic OnChain_Analyst Trader B
73.00K @ericonomic
Markets Alpha D
2.17K @MarketsAlpha
Kain (@kaiynne), the founder of Synthetix $SNX, a project that reached an ATH market cap of roughly $3B a few years ago, just announced the approval of a proposal to deprecate sUSD, Synthetix’s stablecoin. https://t.co/yiF4ZN354o This comes after a sustained depeg that began in March 2025, and only months after Synthetix said sUSD would remain its foundational stablecoin and targeted restored peg stability by the end of Q2 2026. sUSD holders will be compensated with 4 $SNX for each sUSD, which is around $0.94 at current prices, without taking into account SNX liquidity. Since sUSD circulating supply is 69.8M units, this proposal could mint up to an additional 279.4M new $SNX ($65.4M at current prices), with a 1-year lockup + 1-year vesting. For context, the current $SNX market cap is $81M and this proposal could increase total SNX supply by more than 80%.
118 15 33.11K
閱讀原文 >
釋出後SNX走勢
極度看跌
Synthetix will deprecate sUSD and issue over 80% additional SNX as compensation, constituting a major bearish factor for SNX.
Eldar FA_Analyst DeFi_Expert A
2.17K @eldarcap
A least some recognition that there was a death spiral risk with endogenous collateral for $sUSD. But not sure exactly How 420 saved it from it or actually played any good part in anything. The design was even worse for sUSD and don’t know what it really did for ethereum:0xc011a73ee8576fb46f5e1c5751ca3b9fe0af2a6f. While I admire the grit, I think there is a very low chance that @synthetix ever become relevant again in perp Space in the face of @Lighter_xyz and @HyperliquidX. $SNX is still way overvalued at current state of things.
kain.inx Founder DeFi_Expert C
144.51K @kaiynne
There is no good news here, the implementation of the 420-pool very likely saved the protocol from a death spiral at the cost of the sUSD peg. But sUSD is the responsibility of SNX holders so sUSD holders will be made whole with SNX.
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閱讀原文 >
釋出後SNX走勢
看跌
SNX is overvalued, outlook bleak, sUSD risk remains.
katexbt.hl Trader Influencer B
30.01K @katexbt
bear markets are great for admitting things that went wrong but not using your the money siphoned out on fixing them classic /ct/ https://t.co/vAhxqxcAmp
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閱讀原文 >
釋出後SNX走勢
看跌
Bear market issues are not being solved effectively; sUSD will be deprecated a year after decoupling and redeemed with SNX. While Synthetix regains confidence, the market remains skeptical.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
What is happening with sUSD? SIP-423 thread. It has been depegged for over a year. The only solution is deprecating it. The original SNX backed sUSD will be wound down, and sUSD will be redeemed for SNX 4:1 (a slight premium to par) with a lock up.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
There is no good news here, the implementation of the 420-pool very likely saved the protocol from a death spiral at the cost of the sUSD peg. But sUSD is the responsibility of SNX holders so sUSD holders will be made whole with SNX.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
what went wrong? A lot of things, the v3 exchange was a dumpster fire, and v4 has taken much longer to scale than expected. Yield generation on sUSD balances also failed to materialise for a number of reasons.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
sUSD the debt instrument backed by SNX will be wound down and replaced by a basis vault backed stablecoin that is powered by the new v4 exchange on mainnet.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
At one point sUSD and other synths supply was over $1b. It managed to wind down to around $50m in a fairly orderly fashion, but the long tail of the debt is functionality insolvent and without revenue from the exchange there is no buyer of last resort.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
The treasury has accumulated almost 30% of the sUSD over the last year, but the treasury is not infinite and selling SNX to buyback the remaining sUSD is not viable at these prices.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
While it would have been preferable to repeg that would require demand for locked SNX, and at 25c locked SNX is reflecting a 75% discount against the liquid token. Which given the state of the token market is probably accurate.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
Again none of this is ideal, I'm a holder of both SNX and sUSD and both have been max pain since 2022. But we are still building and the new exchange is the first time we have focussed solely on the experience for traders with no constraints.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
As the founder the responsibility for this mismanagement is mine. It would be easy to make excuses and blame the market, but the reality is that Synthetix was positioned almost perfectly to take advantage of the Perp Dex meta, but we fumbled hard.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
There are a bunch of reasons, but ultimately none of them matter, what matters is figuring out a path forward. Which is what we have been focussed on for the last 18 months.
kain.inx Founder DeFi_Expert C
144.51K  @kaiynne
I am confident we pull this off, and restore Synthetix to its former glory. But i can understand why the market is not buying it. Time will tell.
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閱讀原文 >
釋出後SNX走勢
看漲
sUSD will be swapped for SNX at a 4:1 ratio upon delisting, holders can redeem at 0.25.
토큰포스트 - TokenPost Korea Media Influencer D
5.73K @tokenpostkr
Synthetix governance passes the phased discontinuation proposal for sUSD https://t.co/4YCqQ2Prqj https://t.co/eerB5AIjHS
0 0 126
閱讀原文 >
釋出後SNX走勢
中性
Synthetix governance gradually abolishes the proposal via sUSD.
吴说区块链 Media Educator D
177.62K @wublockchain12
According to The Defiant, Synthetix governance has proposed SIP‑423, which aims to fully retire the stablecoin sUSD, freeze and deprecate its contracts, and compensate holders at a rate of 4 SNX per 1 sUSD. The proposal was put forward by Synthetix founder Kain Warwick and core contributor Benjamin Celermajer, with SNX subject to a one‑year lock‑up and then linearly unlocked over the following year. sUSD is currently severely depegged, trading around $0.25, far below its $1 target price. https://t.co/PdqT44xlqn
1 1 3.73K
閱讀原文 >
釋出後SNX走勢
看跌
sUSD depegs to $0.25, SIP‑423 will retire and exchange at a 4:1 rate for SNX

KOL態度

2Lambroz 🐑 (🧑‍🍳🥩🤌) C
看漲