Synthetix sUSD Price (SUSD)

Unlisted

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 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: sBTC, sETH, sXRP etc. Examples: iBTC, iETH, iOIL, etc.

What is the current live price of Synthetix sUSD?

Synthetix sUSD is priced at ₱52.6782453092682672000, showing a price movement of -0.90% over the last 24 hours.

How much trading activity is visible today?

A total of ₱-- has been traded across major exchanges, signaling active market participation and continuous liquidity.

How liquid is the SUSD market?

The liquidity score of --/100 reflects how deep the order books are, how efficiently large orders can execute, and how tight the spreads are on major trading pairs.

What does the daily trading range indicate?

Price movement between ₱52.18735861526445936000 and ₱53.26170558586750416000 highlights current volatility levels and intraday momentum.

What is Synthetix sUSD's current ranking in the market?

It is currently positioned at rank #743, supported by a market capitalization of ₱2294450870.78384415408000.

What role does supply play in price stability?

The circulating supply of 43570875.96999226 tokens directly influences price behavior, especially during periods of heightened demand or scarcity.

What factors influence Synthetix sUSD's liquidity profile?

Liquidity depends on market maker activity, trading pair diversity, exchange depth, and ecosystem engagement from the -- network.