sUSD
SUSD#572| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -0.29% | -1.41% | -1.18% | -22.71% | -48.18% |
About sUSD
sUSD Price History
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.815967 | $0.863978 | $0.217939 | $0.51497 | -36.89% |
| 2025 | $0.963475 | $1.0027 | $0.730889 | $0.852181 | -11.55% |
| 2024 | $0.997715 | $1.0273 | $0.957723 | $0.962651 | -3.51% |
Analysis
No analysis available for sUSD yet.
sUSD News
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sUSD FAQ
What is sUSD (SUSD)?
sUSD is a synthetic USD stablecoin issued on the Ethereum blockchain by the Synthetix protocol. It is designed to track the value of the US dollar and is backed by collateral locked in the Synthetix system rather than fiat reserves. It is an ERC-20 token used within the Synthetix ecosystem.
How does sUSD work?
sUSD is created through the Synthetix protocol, where users lock collateral (such as SNX) to mint synthetic assets. The protocol uses a debt pool and price oracles to maintain the peg to the US dollar. sUSD can be traded on Synthetix's decentralized exchange, allowing users to gain exposure to various assets without holding them directly.
What is sUSD used for?
sUSD serves as a stable medium of exchange within the Synthetix ecosystem. It is used for trading synthetic assets, providing liquidity, and as collateral for staking. Users can also hold sUSD as a stable store of value, and it can be used in DeFi applications that integrate with Synthetix.
How does sUSD differ from other stablecoins?
Unlike fiat-backed stablecoins like USDC or USDT, sUSD is a synthetic stablecoin backed by crypto collateral within the Synthetix protocol. Its stability relies on the protocol's debt pool and over-collateralization rather than direct fiat reserves. This allows it to be fully on-chain and decentralized, but it may have different risk characteristics compared to centralized stablecoins.
What is the current price of sUSD?
sUSD is currently priced at $0.5150, down 1.41% in the last 24 hours. It is ranked #572 by market capitalization. Over the past 7 days, SUSD is down 1.18%.
What is sUSD's market cap?
sUSD has a market capitalization of $22.45M. The 24-hour trading volume is $23,163.14, reflecting the total value of SUSD traded across all exchanges in the last day.
How many sUSD coins are in circulation?
There are currently 43.60M SUSD in circulation. sUSD has a maximum supply of 142.40M SUSD, meaning no more than this amount will ever exist.
