Networks and wallets for XLM to SNX
Stellar mainnet
Copy any memo provided with the Stellar deposit address. A service can require a specific memo type and value to credit a shared account.
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.
Check XLM deposit and SNX payout availability separately. The live service needs to accept your source network and offer the destination network that your SNX wallet expects.
How to convert XLM to SNX
- Check that a live provider quotes your XLM deposit network and the SNX payout network you need.
- Compare the amount of SNX you would receive after fees, then confirm the receiving address and any memo or tag required for your payout.
- If you go ahead, follow the live order’s deposit instructions. Keep the order ID and the XLM transaction reference, then verify the SNX payout in your receiving wallet.
How to compare XLM to SNX rates
For a rough pre-fee estimate, multiply the XLM amount by the rate expressed in SNX per XLM. Then compare the actual SNX payout for the same XLM amount and network. Check whether the withdrawal fee comes out of what you send or is charged separately.
Orbit uses a $100 minimum. The estimate on this page uses reference market prices before fees. An executable quote, including any additional route limits, comes from a live settlement provider.