Synthetix sUSD
SUSD Price
How is the price of Synthetix sUSD (SUSD) calculated?
The price of Synthetix sUSD (SUSD) is calculated in real-time by aggregating the latest data across 10 exchanges and 23 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Synthetix sUSD Price Chart (SUSD)
Switch & Compare
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 2.7% | 10.8% | 6.4% | 20.0% |
SUSD Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$25,419,374 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$25,419,374 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$59,079.22 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
33,074,488 |
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
33,074,488 |
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
∞ |
SUSD Historical Price
| 24h Range | $0.7665 – $0.7763 |
|---|---|
| 7d Range | $0.7478 – $0.7972 |
| All-Time High |
$2.45 68.7%
Feb 18, 2020 (about 6 years)
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| All-Time Low |
$0.4297 78.7%
Mar 18, 2020 (about 6 years)
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How do you feel about SUSD today?
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 Synthetix sUSD?
SUSD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Synthetix sUSD is Curve (Ethereum), where the most active trading pair SUSD/SUSDE has a trading volume of $20,679.06 in the last 24 hours. Other popular options include Velodrome Finance V2 (Optimism) and Uniswap V3 (Ethereum).
What is the daily trading volume of Synthetix sUSD (SUSD)?
The trading volume of Synthetix sUSD (SUSD) is $59,051.33 in the last 24 hours, representing a 69.90% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Synthetix sUSD (SUSD)?
Synthetix sUSD (SUSD) reached an all-time high of $2.45 and an all-time low of $0.4297. It’s now trading -68.70% below that peak and 78.70% above its lowest price.
What is the market cap of Synthetix sUSD (SUSD)?
Market capitalization of Synthetix sUSD (SUSD) is $25,419,374 and is ranked #699 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SUSD tokens (33 Million tokens are tradable on the market today).
What is the fully diluted valuation of Synthetix sUSD (SUSD)?
The fully diluted valuation (FDV) of Synthetix sUSD (SUSD) is $25,419,374. This is a statistical representation of the maximum market cap, assuming total number of 33 Million ETH tokens are in circulation today.
How does the price performance of Synthetix sUSD compare against its peers?
With a price increase of 2.70% in the last 7 days, Synthetix sUSD (SUSD) is outperforming the global cryptocurrency market which is down -3.80%, while outperforming when compared to similar Stablecoins cryptocurrencies which are down -0.50%.
How to add Synthetix sUSD (SUSD) to MetaMask?
Adding Synthetix 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.
Synthetix sUSD (SUSD) Security Ratings
Synthetix sUSD (SUSD) Token Holders
Synthetix sUSD Markets
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