sUSD, or synthetic USD, launched by Synthetix Exchange, is a synthetic asset. Synthetix is a novel financial primitive that enables the production of synthetic assets on the blockchain while also providing unique derivatives and exposure to real-worl...Mored assets. sUSD uses price feeds from Chainlink's decentralized network of oracles to track the price of the US Dollar. As one of the liquid decentralized stablecoins, sUSD is integrated throughout the DeFi ecosystem, including at Curve. It can be traded without slippage for other assets native to this protocol at Synthetix and Kwenta.
A quick snapshot of sUSD ROI (return on investment) over different time periods.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
We have not found any community for this project on social media platforms. Projects with no community will have a difficult time to become successful. If you think this is wrong please report to firstname.lastname@example.org.
Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
No investors found. Usually projects with proper investors have a higher chance of success. These investors who are venture capitalist, have done their due diligence before investing. If you think this is wrong please report to email@example.com.
Project announcements and news have a significant impact on the price. Below are live updates from sUSD's Twitter and Reddit accounts.
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