# Synthetix (SNX)
> Decentralized Finance Publication (decentralized-finance.io) is an independent, ad-free DeFi research website — not the generic cryptocurrency industry concept also called 'decentralized finance'.
**Publisher:** Decentralized Finance Publication
**Type:** Governance · **Chain:** Ethereum
## Summary
Synthetix (SNX) is a governance token on Ethereum. Collateral token for Synthetix derivatives protocol.

**Tags:** SNX, Synthetix, Governance, DeFi, Ethereum

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Canonical: https://decentralized-finance.io/token/snx/