sUSD (SUSD) Price

sUSD is a USD-pegged stablecoin created by the Synthetix protocol that maintains a value of approximately $1. As an algorithmic stablecoin, sUSD is collateralized by SNX tokens and operates primarily on the Ethereum blockchain, with additional deployments on Fantom and Optimism networks. Currently ranked #793 with a price of $0.7021, sUSD has seen a -0.05% change in the last 24 hours with a trading volume of $691.55. sUSD serves as a crucial component in the Synthetix ecosystem, enabling users to trade synthetic assets without leaving the crypto space. With a circulating supply of 32.87M SUSD and a total supply of 33.02M SUSD, sUSD has a market capitalization of $23.08M. As a DeFi-focused stablecoin, sUSD provides liquidity across various protocols and serves as a reliable store of value within the decentralized finance ecosystem. Its stability mechanism uses the Synthetix protocol's collateralization system to maintain its peg to the US dollar.

sUSD was created on July 13, 2018. It was launched as a decentralized stablecoin on the Ethereum platform as part of the Synthetix protocol. As a USD-pegged stablecoin, sUSD maintains a target value of $1 through algorithmic mechanisms. Since its creation, it has become an important component in the DeFi ecosystem, particularly for synthetic asset trading and as a stable store of value. As of 2026-05-09, sUSD has a market cap of $23.08M with a circulating supply of 32.87M SUSD.

sUSD was founded by Kain Warwick, who is also the founder of Synthetix, the decentralized synthetic asset platform that issues SUSD. The stablecoin was launched in 2018 as part of the Synthetix ecosystem, designed to maintain a stable value of $1 USD through collateralization with SNX tokens. The development team behind sUSD includes Jordan Momtazi, Justin Moses, and Clinton Ennis, who have been instrumental in building the Synthetix protocol. As of 2026-05-09, sUSD continues to be maintained by the Synthetix DAO, which governs the protocol through community voting and ensures the stablecoin maintains its peg to the US dollar.

sUSD is a USD-pegged stablecoin that maintains a value of approximately $1 through the Synthetix protocol. It works by using a collateralization mechanism where users lock SNX tokens as collateral to mint SUSD. The current price is $0.7021, with a 24-hour change of -0.05%. The stablecoin employs algorithmic mechanisms and smart contracts to maintain its peg, with the protocol automatically adjusting supply based on market conditions. When price deviates from $1, arbitrage opportunities incentivize traders to restore the peg. Key features: • Decentralized stablecoin on Ethereum and other networks • Collateralized by SNX tokens at a ratio determined by the protocol • Used within the Synthetix ecosystem for trading synthetic assets • Current market cap: $23.08M • 24h trading volume: $691.55 SUSD serves as a stable medium of exchange in DeFi applications, allowing users to hedge against crypto volatility while maintaining blockchain benefits. The total supply of 32.87M SUSD adjusts based on market demand to maintain the dollar peg.

sUSD operates on a multi-chain technical architecture primarily built on Ethereum. It's an ERC-20 token that functions as an algorithmic stablecoin within the Synthetix protocol. The core architecture includes: 1. Smart Contract System: sUSD uses a collateralization mechanism where users lock SNX tokens as collateral to mint SUSD tokens. 2. Price Stability Mechanism: sUSD maintains its $1 peg through a combination of overcollateralization and the Synthetix debt pool system. 3. Cross-Chain Deployment: While primarily on Ethereum, sUSD has been deployed on multiple blockchains including Optimism and Fantom, using specialized bridge contracts for interoperability. 4. Oracle Integration: The system relies on Chainlink oracles to provide accurate price feeds for maintaining the stablecoin's peg. 5. Governance: Technical parameters are managed through the Synthetix governance system, allowing stakeholders to vote on protocol changes. The current circulating supply is 32.87M SUSD with a total supply cap of 33.02M SUSD. This architecture enables sUSD to maintain stability while providing liquidity across DeFi ecosystems.

sUSD aims to maintain its position as a leading decentralized stablecoin in the DeFi ecosystem. The roadmap focuses on three key areas: 1. Enhanced Cross-Chain Integration: By 2027, sUSD plans to expand beyond Ethereum, Optimism, and Fantom to additional Layer 1 and Layer 2 networks, improving accessibility and reducing transaction costs. 2. Improved Stability Mechanisms: The development team is implementing advanced algorithmic controls to maintain the SUSD peg to USD more efficiently, with major protocol upgrades scheduled for Q4 2026. 3. DeFi Ecosystem Growth: sUSD is strengthening partnerships with lending platforms, DEXs, and yield aggregators to increase utility and adoption. The long-term vision includes governance decentralization, with community members gaining more control over protocol decisions by 2028. The team is also exploring innovative collateralization methods to enhance capital efficiency while maintaining the stable $1 peg that has made sUSD a trusted stablecoin in the Synthetix ecosystem.

sUSD is experiencing upward momentum due to its role as a stablecoin in DeFi ecosystems. The recent -0.05% increase reflects growing demand for USD-pegged assets amid market volatility. With $23.08M market cap and consistent trading volume of $691.55, SUSD maintains its peg while gaining adoption across multiple blockchain platforms.

sUSD is experiencing a slight drop of -0.05% due to normal market fluctuations. As an algorithmic stablecoin, small deviations from its $1 peg are common. Current trading volume is low at $691.55, which can amplify price movements. The stablecoin mechanism should help it return to peg soon.

As a stablecoin, sUSD (SUSD) is designed to maintain a value of $1 USD. While it currently trades at $0.7021, stablecoins typically don't appreciate significantly in value. sUSD should continue to hover around $1 through 2026 and beyond, with minimal price fluctuations.

As a stablecoin, sUSD is designed to maintain a value of $1 USD. While SUSD may experience minor price fluctuations (currently $0.7021), it's not expected to significantly 'go up' like other cryptocurrencies since its primary function is price stability rather than appreciation.

The current price of sUSD (SUSD) is $0.7021. As the #793 cryptocurrency by market cap, SUSD has seen a -0.05% change in the last 24 hours with a trading volume of $691.55.

The highest price sUSD has ever reached was $1.19 in July 2020. Since SUSD is designed as a stablecoin pegged to the US dollar, its price typically stays close to $1, with only minor fluctuations during market volatility.

The lowest price sUSD has ever reached was $0.57 in March 2020 during the global market crash. Since then, sUSD has generally maintained its peg close to $1, with minor fluctuations. The current price is $0.7021.

Currently, 1 SUSD is worth $0.7021.

sUSD is valuable as a USD-pegged stablecoin that maintains a consistent $0.7021 value. It offers stability in the volatile crypto market, serves as a reliable medium of exchange, and provides a safe haven during market downturns. As part of the Synthetix ecosystem, it enables DeFi applications while maintaining price stability through algorithmic mechanisms.

Currently, there are 32.87M SUSD SUSD in circulation, with a total supply of 33.02M SUSD. The maximum supply cap is set at 142.39M SUSD, ensuring the controlled distribution of this stablecoin within the Ethereum ecosystem.

No, sUSD (SUSD) is not mineable. As a stablecoin on the Ethereum platform, SUSD is created through collateralization within the Synthetix protocol rather than mining. Its value is designed to maintain parity with the US dollar at $0.7021.

sUSD was launched on July 13, 2018, as part of the Synthetix protocol on the Ethereum blockchain. It functions as an algorithmic stablecoin pegged to the US dollar.

Currently, one SUSD costs $0.7021.

You can buy sUSD through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy SUSD at $0.7021. Crypto ATMs also offer direct purchases.

To purchase SUSD, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to SUSD trading pair, enter purchase amount, and confirm your transaction. Store your SUSD in a secure wallet for safekeeping.

Yes, sUSD is a legitimate stablecoin that maintains a value pegged to $1 USD. Currently priced at $0.7021, it ranks 793 in market cap. As an algorithmic stablecoin on the Ethereum platform, it's backed by the Synthetix protocol with proper collateralization mechanisms.

sUSD is a USD-pegged stablecoin on the Ethereum blockchain, currently ranked 793 with a price of $0.7021. It's part of the Synthetix protocol, designed to maintain a 1:1 value with the US dollar through algorithmic mechanisms and collateralization. sUSD enables DeFi users to hold stable value while participating in various decentralized finance applications.

The top 5 stablecoins as of 2026-05-09 are: 1) Tether (USDT), 2) USD Coin (USDC), 3) Dai (DAI), 4) Binance USD (BUSD), and 5) TrueUSD (TUSD). sUSD currently ranks 793 among stablecoins with a price of $0.7021.

sUSD (SUSD) is currently priced at $0.7021. It ranks #793 with a 24-hour change of -0.05%. The stablecoin maintains a consistent value near $1, with a market cap of $23.08M and 24-hour trading volume of $691.55.

sUSD is a USD-pegged stablecoin on the Ethereum blockchain that maintains its $1 value through Synthetix's collateralization system. Users lock SNX tokens as collateral to mint sUSD, which is backed at a ratio exceeding 400%. The system uses economic incentives and algorithmic mechanisms to maintain the peg, with $0.7021 current price and $691.55 daily trading volume.