What is SNX / TetherUS (SNXUSDT)?
SNX / TetherUS (SNXUSDT) is a spot trading pair on BINANCE, priced in USDT. It pairs Synthetix (SNX), the governance and staking token of the Synthetix decentralized derivatives protocol, against Tether (USDT), a US-dollar-pegged stablecoin. As a spot market, it settles trades directly in the underlying assets rather than through leveraged contracts. On TradeSearcher, SNXUSDT is backed by over 2,000 backtests with historical data reaching back to 2020, giving you a deep, multi-year foundation for evaluating how strategies have performed across this pair.