Synthetix sUSD Price (SUSD)

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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 live price of Synthetix sUSD?

Synthetix sUSD is trading at ₱56.48649397594543296000, showing a price movement of -1.55% over the last 24 hours. This real-time figure reflects combined input from multiple spot markets.

How volatile is SUSD today?

The price volatility of SUSD within the past 24 hours is --%. Higher volatility suggests rapid price changes, while lower volatility indicates stability.

What is the 24-hour trading range for Synthetix sUSD?

The token fluctuated between ₱56.06300131800293376000 (low) and ₱57.9533640912154368000 (high). Traders often use this to evaluate daily momentum and market strength.

How much trading volume has SUSD generated?

In the last 24 hours, SUSD accumulated ₱-- in trading activity, showing how actively the market is engaging with this asset.

How does the current price compare to its ATH and ATL?

The all-time high is ₱144.4059863547840000, and the all-time low is ₱25.32686494640474304000. Comparing current price to these levels helps traders understand long-term cycles.

How strong is market liquidity for Synthetix sUSD?

Liquidity strength is rated at --/100, indicating order book depth and ease of execution during active trading sessions.

How does SUSD compare to other Stablecoins,Decentralized Finance (DeFi),USD Stablecoin,Synthetic Asset,Derivatives,Fantom Ecosystem,Arbitrum Ecosystem,Ethereum Ecosystem,Optimism Ecosystem,Crypto-backed Stablecoin,Fiat-backed Stablecoin,Synthetic tokens?

Within the Stablecoins,Decentralized Finance (DeFi),USD Stablecoin,Synthetic Asset,Derivatives,Fantom Ecosystem,Arbitrum Ecosystem,Ethereum Ecosystem,Optimism Ecosystem,Crypto-backed Stablecoin,Fiat-backed Stablecoin,Synthetic category, SUSD shows competitive performance, supported by ₱-- in liquidity and ongoing interest from traders.