Synthetix sUSD Price
SUSD
How Much is 1 Synthetix sUSD (SUSD)
Convert SUSD to your currency
Last Updated on Dec 24, 2025 09:51 PM
What is Synthetix sUSD?
About the coin
sUSD is a synthetic asset introduced by the Synthetix Exchange. It is designed to mirror and track the price of the US Dollar, utilizing data provided by the Chainlink oracle. This synthetic asset is part of the broader Synthetix ecosystem, which is a decentralized finance (DeFi) platform.
Main features
Synthetix provides liquidity for a variety of permissionless derivatives, including perpetual futures and options, across Ethereum Virtual Machine (EVM) compatible chains. The platform supports a growing ecosystem of decentralized applications (dApps) that leverage Synthetix liquidity, such as derivatives exchanges and the sUSD stablecoin.
How it works
The Synthetix ecosystem includes key components like Kwenta, CyberDEX, and Thales, which enable trading and asset management. Users can participate in staking by depositing collateral, which allows them to benefit from deep liquidity and low slippage. Developers interested in contributing to the Synthetix ecosystem can access comprehensive documentation and community support through platforms like Discord.
Wallet for Synthetix sUSD
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Tangem supports networks for Synthetix sUSD
- Ethereum
- Arbitrum One
- Fantom
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Synthetix sUSD FAQ
- Synthetix sUSD is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Its main advantages include speed, accessibility, and compatibility with decentralized tools. The network is optimized to handle different types of operations.
- Yes, both names point to the same token. SUSD is just the shorthand symbol used for market and wallet displays.
- You can buy Synthetix sUSD using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
- What is Beldex? Beldex (BDX) isa cryptocurrency with a focus on privacy, striving to provide a secure environment for data exchange. It is part of a broader ecosystem of privacy-centric decentralized applications (dApps). Beldex was conceptualized in 2017 and officially launched in 2019.
- Band is a cryptocurrency that describes itself as “a cross-chain data oracle platform thataggregates and connects real-world data and APIs to smart contracts.” Band allows blockchains to access data, such as stock prices and weather, that are available via API.
How to secure Synthetix sUSD with Tangem Wallet?
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Why choose Synthetix sUSD wallet with Tangem.
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