Susd
Live sUSD market cap, peg deviation, mechanism, and per-chain supply distribution on Sharpe Terminal.
| # | Chain | Supply | Share | Trend | Distribution | ||
|---|---|---|---|---|---|---|---|
| 1 | Ethereum | $32.80M | 99.16% | −$173.33K | 0.08% | x | |
| 2 | OP Mainnet | $19.64M | 59.38% | +$86.25K | 5.82% | x |
An SNX holder can mint sUSD by locking their SNX as collateral via the Synthetix smart contract. sUSD can be burned to swap to another synthetic asset or to repay the debt to retrieve the collateral.