sUSD Price

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sUSD (SUSD) price has increased today.

The price of sUSD (SUSD) is $0.999415 today with a 24-hour trading volume of $646,636.95. This represents a 0.10% price increase in the last 24 hours and a -0.20% price decline in the past 7 days. With a circulating supply of 43 Million SUSD, sUSD is valued at a market cap of $43,118,723.

What is sUSD?

sUSD, or synthetic USD, is a synthetic asset launched by Synthetix Exchange. sUSD mirrors and tracks the price of USD provided by an oracle - Chainlink.

What are synthetic assets?

Synthetic assets or Synths are derivatives that provide exposure to real-world assets on the Ethereum blockchain. Like derivatives in traditional financial markets, Synths allow users to hedge and reduce their risk, speculate on price movements, and gain access to unavailable assets or markets. This is all accomplished without an individual ever holding the underlying asset.

How can I obtain sUSD?

To obtain sUSD, users must first obtain Synthetix Network Tokens, which is Synthetix’s native token. Users can buy SNX from exchanges such as Binance and Uniswap

With SNX, users can then stake SNX as collateral on Mintr to mint sUSD.

The amount of sUSD minted will depend on two factors: SNX staked and the collateralization ratio (C-Ratio) of the platform. Currently, the C-Ratio is 500%. This means that if the value of SNX or Synths fluctuates, the user’s C-Ratio will fluctuate as well. 

Alternatively, users can also buy sUSD directly on Synthetix Exchange with ETH. 

What other synthetic assets are there? 

The Synths tab within Synthetix Exchange displays all its supported synthetic assets available to trade.  To learn more about the inner workings of the different Synth types in detail, simply head to Synthetic’s litepaper.


In general, there are five types of synthetic assets:

Foreign Exchange (Forex): Synths that track the price of forex currencies

Examples: sUSD, sEUR, sAUD etc.


Commodity: Synths that track the price of commodities

Examples: sOIL, sXAU, sXAG


Crypto: Synths that track the price of cryptocurrencies

Examples: sBTC, sETH, sXRP etc.


Index: Synths that track an index - a basket of stocks or cryptocurrencies

Examples: sDEFI, sCEX, sNIKKEI etc.


Inverse (iSynths): Synths that inversely track the price of assets, such as cryptocurrencies or commodities

Examples: iBTC, iETH, iOIL, etc.


Where can you buy sUSD?

SUSD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade sUSD is Velodrome Finance v2, where the most active trading pair SUSD/USDC has a trading volume of $105,456.54 in the last 24 hours. Other popular options include Velodrome Finance and Kyberswap Elastic (Optimism).

What is the daily trading volume of sUSD (SUSD)?

The trading volume of sUSD (SUSD) is $645,562.83 in the last 24 hours, representing a -34.00% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for sUSD (SUSD)?

The highest price paid for sUSD (SUSD) is $2.45, which was recorded on Feb 18, 2020 (over 3 years). Comparatively, the current price is -59.30% lower than the all-time high price.

What is the all-time low for sUSD (SUSD)?

The lowest price paid for sUSD (SUSD) is $0.429697, which was recorded on Mar 18, 2020 (over 3 years). Comparatively, the current price is 132.60% higher than the all-time low price.

What is the market cap of sUSD (SUSD)?

Market capitalization of sUSD (SUSD) is $43,118,723 and is ranked #442 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SUSD tokens (43 Million tokens are tradable on the market today).

What is the fully diluted valuation of sUSD (SUSD)?

The fully diluted valuation (FDV) of sUSD (SUSD) is $43,118,723. This is a statistical representation of the maximum market cap, assuming the maximum number of 43 Million SUSD tokens are in circulation today. Depending on how the emission schedule of SUSD tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of sUSD compare against its peers?

With a price decline of -0.20% in the last 7 days, sUSD (SUSD) is outperforming the global cryptocurrency market which is down -0.90%, while outperforming when compared to similar Stablecoins cryptocurrencies which are down -0.50%.

What is the market sentiment of sUSD today?

There are no votes on sUSD (SUSD) today. Be the first to vote and share this with your community.

How to add sUSD (SUSD) to MetaMask?

Adding sUSD (SUSD) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SUSD as a token. You can copy SUSD’s contract address (0x57ab1ec28d129707052df4df418d58a2d46d5f51) and import it manually, or if you've installed MetaMask's chrome extension, add SUSD to MetaMask with one click on CoinGecko.

Add SUSD to MetaMask.

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