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sUSD

sUSD is a synthetic USD token that is created by providing staking collateral like Synthetix network token (SNX) or ETH in Synthetic, a decentralized synthetic asset that is built on top of Ethereum. The Synthetix protocol requires synthetic tokens to be backed by a collateral ratio where sUSD can be minted or burned via Synthetix’s Mintr interface. sUSD token can be traded or stored on wallets that support the ERC-20 format and is preferred by users who want to engage in lending and borrowing services on decentralized platforms.

price:$1

market cap:$36.2M

24 Hour Trading Vol:$2.5M

Circulating Supply:36.2M

Total Supply:36.2M

Staked Value:$29.0M

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