Synthetix

This token is currently classified as Haram due to its close connection to synthetic and derivative-based financial structures.

SNX is currently classified as haram because it is fundamentally tied to a synthetic asset ecosystem built around derivative-style financial exposure. Such structures raise major Shariah concerns due to contractual complexity, speculative exposure, and the absence of compliant spot-based exchange principles. Since the token’s value and role are directly connected to that impermissible framework, it is not regarded as halal.