Convert Velodrome Finance VELO to Synthetix Network Token SNX
VELO to SNX: 1 Velodrome Finance converts to 0.0792 SNX as of June 14 at 9:44 PM
About VELO and SNX
Velodrome Finance is climbing, while Synthetix Network Token is falling this week. The current VELO to SNX conversion rate is 0.0792. Inversely, this means that if you convert 1 SNX you will get 12.62 VELO. The conversion rate of VELO/SNX has increased by 0.56% in the last hour (SNX/VELO decreased by 0.56%). In the last 24 hours, VELO/SNX grew by 1.71%, while SNX/VELO shrunk by the same amount.
The exchange rate of Velodrome Finance is increasing. The current value of 1 VELO is 0.0792 SNX. In other words, to buy 5 Velodrome Finance, it would cost you 0.3961 SNX. Inversely, 1 SNX would allow you to trade for 12.62 VELO while 50 SNX would convert to 631.18 VELO, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.73%. Meanwhile, in the last 24 hours, the rate has changed by 1.47%, which means that the highest exchange rate of 1 VELO to SNX was 0.0803 SNX and the lowest 24 hour value was 1 VELO for 0.0776 SNX. Last month, 1 VELO was worth 0.0742 SNX. Today, it's up 6.39%. Looking back a year, Velodrome Finance has changed by 0.0465 SNX. That means that in a single year, the value of Velodrome Finance has grown by 41.3%.
Velodrome Finance Market Stats
Velodrome Finance is an automated market maker on Optimism. VELO is the utility token of Velodrome Finance earned by liquidity providers. VELO tokens can be locked in order to participate in governance. Voters are also rewarded with protocol trading fees.
Synthetix Network Token Market Stats
Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies, and commodities.