Metadata last updated at 2025/05/08


sUSD, $SUSD
USD-pegged Stablecoin
Market Data KPIs
Market Cap
Market Cap
$34M
7-day Relative Change of Market Cap in %
Market Cap 7d %
+6.46%
30-day Relative Change of Market Cap in %
Market Cap 30d %
+25.08%
24-hour Volume
Volume 24h
$259.2K
7-day Volume
Volume 7d
$1.3M
Historical Charts
Price Chart
Volume Chart
Market Cap Chart
Velocity Chart
Metadata & Legal Information
Legal Entity & Protocol Governance
Governance
Decentralized
Legal Issuer
Issuer
Synthetix
Legal Jurisdiction
Jurisdiction
n.a.
Description
SUSD is a synthetic stablecoin created with the Synthetix protocol and tracks 1:1 the price of USD. In order to create sUSD, an investor has to stake SNX token on the Synthetix platform. A high collateralization ratio is required for security reasons. The synthetic USD has to be burned in order to unlock the staked SNX again.
Risks
- Smart Contract Risks
- Risk of additional costs through exchange rate change to redeem SNX
- Collateral volatility
- Oracle risk
Further Links
- Website: https://www.synthetix.io/
- Twitter: https://twitter.com/synthetix_io
- Reddit: https://reddit.com/r/synthetix_io
- Source Code: https://github.com/Synthetixio
$SUSD Newsticker
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