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
exchange | pair | price | spread | 24h volume |
---|