Understanding API3 and SNX Cryptocurrencies
API3 and Synthetix (SNX) are two prominent cryptocurrencies in the decentralized finance (DeFi) ecosystem. API3 focuses on providing decentralized API services to blockchain applications, while Synthetix operates as a derivatives liquidity protocol on Ethereum.
Current Market Overview
API3 Market Data:
- Market Cap: $54.90 million
- 24h Trading Volume: $158.39
- 24h Price Change: -1.35%
- Current Price: $0.611 per API3
SNX Market Data:
- Market Cap: $205.46 million
- 24h Trading Volume: $131.13
- 24h Price Change: -0.47%
- Current Price: $0.572 per SNX
API3 to SNX Conversion Rates
The current exchange rate (as of July 2025) stands at:
1 API3 = 1.0682 SNX
Here’s a conversion table for common amounts:
| API3 Amount | SNX Equivalent |
|---|---|
| 50 API3 | 53.409 SNX |
| 100 API3 | 106.82 SNX |
| 200 API3 | 213.64 SNX |
| 1,000 API3 | 1,068.2 SNX |
| 10,000 API3 | 10,682 SNX |
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SNX to API3 Conversion Rates
For reverse conversions:
| SNX Amount | API3 Equivalent |
|---|---|
| 50 SNX | 46.809 API3 |
| 100 SNX | 93.617 API3 |
| 200 SNX | 187.23 API3 |
| 1,000 SNX | 936.17 API3 |
| 10,000 SNX | 9,361.7 API3 |
Key Metrics for Investors
Fundamental Data:
- Total Supply:
- API3: 86,422,000 tokens
- SNX: 343,470,000 tokens
- All-Time High Prices:
- API3: $10.306 (April 2021)
- SNX: $28.771 (April 2021)
Recent Performance:
- 24h Price Change:
- API3: -0.01%
- SNX: -0.00%
- Trading Volume:
- API3: $158.39
- SNX: $131.13
Step-by-Step Conversion Process
- Select Your Assets:
- Choose API3 as your source currency
-
Select SNX as your target currency
-
Complete Verification:
-
Pass KYC requirements if not already done
-
Enter Transaction Details:
- Specify the amount (e.g., 50 API3)
-
Verify the automatic SNX equivalent
-
Provide Wallet Information:
- Enter your SNX receiving address
-
Double-check all details
-
Confirm and Execute:
- Review transaction fees (0% conversion fee in this case)
- Finalize the conversion
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Advantages of Converting on Major Platforms
When converting between cryptocurrencies like API3 and SNX, reputable platforms offer:
– Automated processing for near-instant conversions
– Secure, encrypted transactions with verified assets
– Wide selection of supported cryptocurrencies
– Competitive rates with minimal spreads