Networks and wallets for DAI to SNX
Ethereum mainnet (ERC-20 DAI)
Check that the deposit calls for DAI on Ethereum and that your wallet holds DAI itself. USDS has a separate contract and requires a conversion before it can be sent as DAI.
Ethereum mainnet (ERC-20 SNX)
Check the network and SNX contract expected by the Synthetix app you intend to use. SNX received in a wallet stays separate from a staked or collateralized position until you take the relevant action.
Use the exact DAI network when comparing quotes. The number of SNX units a given deposit can buy changes with the market, so compare how much SNX will arrive after fees.
How to convert DAI to SNX
- Enter the DAI amount to see the estimated SNX payout.
- Enter a receiving address on Ethereum mainnet · ERC-20 SNX and a refund address on Ethereum mainnet · ERC-20 DAI. Check any destination tag your wallet requires.
- When the route accepts orders, review the exact amounts and follow the deposit instructions. Submit the DAI transaction ID and use your private order link to track the SNX payout.
How to compare DAI to SNX rates
For a rough pre-fee estimate, multiply the DAI amount by the rate expressed in SNX per DAI. Then compare the actual SNX payout for the same DAI amount and network. Check whether the withdrawal fee comes out of what you send or is charged separately.
Swap Crypto has a $100 minimum. Estimates use market prices before fees. The order page shows the exact send and receive amounts, and your wallet may charge a separate network fee for sending the deposit.