iXTZ
IXTZ

0.4887
$
3.80 %
Change 24h

Market Cap
$ 0
Volume 24h
$ 6.590
IXTZ
$
Description
Inverse XTZ by Synthetix Inversely tracks the price of Tezos through price feeds supplied by an oracle. Its value freezes when it reaches its upper limit of $1.47 (i.e. when Tezos’s value reaches $0.49) or its lower limit of $0.49 (i.e. when Tezos’s value reaches $1.47). If it reaches either of its limits and gets frozen, it will no longer be able to be purchased on Synthetix.Exchange, but can still be traded for other Synths at its frozen value. At some point after it has reached either of its limits, it will be substituted for another iXTZ with different limits.
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