About sUSD
sUSD (SUSD) is a cryptocurrency and operates on the Ethereum platform. sUSD has a current supply of 40,113,372.00624554. The last known price of sUSD is 0.84027828 USD and is down -2.06 over the last 24 hours. It is currently trading on 229 active market(s) with $373,508.08 traded over the last 24 hours. More information can be found at
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Trading Insights
Searched
2
Market Stats
Market Cap
$30.92M
-11.09%
FDV
$109.75M
Circ. Supply
40M SUSD
Max Supply
142M SUSD
Total Supply
40M SUSD
Diluted Valuation
$11.63M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$297.97K
-32.85%
Volume (7D)
$1.96M
Volume (30D)
$5.56M
All time high
$2.36
Price Change (1Y)
-25.5%
Additional details
Market details
SUSD vs markets
↘ 56%
SUSD vs BTC
↘ 58.66%
SUSD vs ETH
↘ 27.51%
Tags
store-of-value
defi
stablecoin
algorithmic-stablecoin
+2
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x57Ab1ec28D129707052df4dF418D58a2D46d5f51 | |
Optimism | 0x8c6f28f2F1A3C87F0f938b96d27520d9751ec8d9 | |
Fantom | 0x0E1694483eBB3b74d3054E383840C6cf011e518e | |
Arbitrum | 0xA970AF1a584579B618be4d69aD6F73459D112F95 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.75 | ↘ 7.83% |
1 Day | $0.81 | ↘ 7.83% |
1 Week | $0.93 | ↘ 19.90% |
1 Month | $0.96 | ↘ 22.40% |
1 Year | $1.00 | ↘ 25.50% |
Coinbase insights
Recent trends
The latest SUSD price is $0.75. Compared to sUSD's value of $0.81 from 24 hours ago, there's been a -8% decrease, while the current price is -20% down from $0.93 which was recorded one week ago. sUSD's all time high is $2.36, which was reached on October 4, 2019. This is a -68% change from its price today.
The current circulating supply of sUSD is 40,113,372. This is 28% of its max supply of 142,399,574 SUSD and 100% of its total supply of 40,113,372. The market cap is currently $30.92M, which is a result of multiplying the current price of sUSD($0.75) by the total supply(40,113,372 SUSD). The fully diluted valuation of sUSD is $109.75M. The diluted valuation of sUSD is $109.75M.
FAQ
Synthetix (sUSD) is a protocol that issues and trades synthetic assets called Synths on the Ethereum network. Synths are the assets produced against the value of crypto assets that are staked as collateral.
In simpler terms, Synthetix platform aims to allow users to trade, borrow, or stake various crypto assets, commodities, and equities by creating these synthetic assets tied to the price of real-world assets. These synthetic assets create digital stablecoins in the same way as United States Dollar Coin, and Synthetix also has its own stablecoin called sUSD, a synthetic for traditional currency USD.
Further, sUSD aims to balance the supply and demand of the coin to indicate the price of the underlying asset getting pegged to, like for sUSD, the platform would monitor US dollar. Apart from cryptocurrencies, Synthetix also seeks to consist of synthetics of several non-crypto assets like oil, EUR, USD, Amazon, Tesla, gold, silver, and Netflix, all based on blockchain technology.
Synthetix Network Token (SNX) is the native ERC-20 token of the Synthetix platform, used to collateralize synthetic assets after being locked in a smart contract to issue synthetic assets. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on blockchain.
The following platforms seek to use the Synthetix ecosystem:
Kain Warwick founded Synthetix as a project called Havven, and the project introduced a stablecoin on June 11, 2018, known as nUSD. In December 2018, the Havven project was renamed Synthetix, a platform that represents more than 20 synthetic assets that further define traditional currencies, commodities like gold and silver, and crypto-assets.
We update our sUSD to USD currency in real-time. Get the live price of sUSD on Coinbase.
The current market cap of sUSD is $30.92M. A high market cap implies that the asset is highly valued by the market.
The all-time high of sUSD is $2.36. This all-time high is highest price paid for sUSD since it was launched.
Over the last 24 hours, the trading volume of sUSD is $297.97K.
Assets that have a similar market cap to sUSD include NAVI Protocol, DEXTools, Verse World, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of sUSD is 40 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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