SUSD
$0.24

sUSD (SUSD) Price

Live
$0.24-3.01%
Live
Data last updated: 2026-06-21. The trading price for SUSD (SUSD) is $0.24 USD.
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sUSD (SUSD) Price Today

The live price of SUSD is 0.24 USD. In the past 24 hours, the trading volume of SUSD was 1,954.99 USD, down by -3.01%. The current price has decreased by -36.82% from its 7-day high of 0.38 USD, and increased by 0.88% from its 7-day low of 0.24 USD. With a circulating supply of 46,685,834.69 sUSD, the market cap of SUSD is currently 11,542,200.00 USD, down by 0% in the last 24 hours. SUSD currently ranks #1100 by market capitalization among cryptocurrencies.

sUSD (SUSD) Market Data

Market Cap
$11.4M
24h Volume
$1.9K
Circulating Supply
46.6M SUSD
Ranking
#1100
24h High
$0.32
Maximum Supply
--
Fully Diluted Market Cap
$11.4M
Liquidity Indicator
0.02%
All Time High (ATH)
$2.45
All Time Low (ATL)
$0.23

About sUSD (SUSD)

How can I buy sUSD (SUSD)?

You can buy sUSD (SUSD) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy sUSD guide for details. Sign up with BingX to trade SUSD first when it goes live.

What Is sUSD (SUSD) and How Does It Work?


sUSD (SUSD) is the synthetic USD stablecoin issued by the Synthetix protocol, a leading decentralized derivatives and synthetic assets platform. It is backed by over-collateralized SNX (and other assets in newer iterations) and serves as the primary medium for trading synthetic assets (Synths) with minimal slippage on the Synthetix Exchange.

When Did sUSD Launch?


sUSD originally launched in 2018 (initially as eUSD) and has undergone multiple major upgrades. In 2025–2026, Synthetix implemented significant protocol changes, including a focus on restoring and maintaining the sUSD peg through fee buybacks and multi-collateral support.

What Are the Key Features of sUSD?


sUSD features over-collateralization mechanisms, Chainlink oracle price feeds for stability, deep liquidity across Synthetix and integrated DEXs like Curve, use as the base asset for synthetic trading and perpetuals, permissionless minting via staking, and ongoing evolution toward a more robust, multi-collateral DeFi-powered stablecoin model.

What Is SUSD Used For?


SUSD is used for trading synthetic assets and perpetual futures on Synthetix, providing liquidity in pools, acting as collateral in DeFi protocols, staking-related activities, executing low-slippage swaps, and participating in the broader Synthetix derivatives ecosystem.

What Is the SUSD Token Utility?


sUSD functions as the foundational synthetic stable asset powering the Synthetix ecosystem. It enables efficient on-chain exposure to various assets while generating trading fees that support protocol sustainability and SNX/sUSD buyback mechanisms aimed at maintaining the peg.

What Blockchain Does sUSD Operate On?


sUSD primarily operates on Ethereum, with historical presence on Optimism and other layers through Synthetix deployments.

What Are SUSD Tokenomics?


sUSD has no fixed maximum supply — it is minted on demand based on collateralization. Supply fluctuates with ecosystem debt and usage. As of mid-2026, the protocol is actively using fee revenue for buybacks to support peg stability.

 

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