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Synthetix (SNX) Crosses $1bln TVL as DeFi Rage Continues in Crypto Market

Synthetix (SNX) Crosses $1bln TVL as DeFi Rage Continues in Crypto Market

Synthetix is the latest DeFi protocol to attain TVL (total value locked) of $1 billion, following other DeFi covenants such as Compound and Aave. Synthetix (SNX) is one of the numerous DeFi tokens that has rallied considerably this year to reach a historical high of $7.32 in mid-August, reflecting gains of over 400% so far this year.








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