Synthetix sUSDSUSD
Convert SUSD to your currency
Last Updated on Sep 30, 2025 07:00 AM
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
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Synthetix sUSD
- Ethereum
- Arbitrum One
- Fantom
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Synthetix sUSD FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- 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.
Private. No registration and KYC required to use the app. We don't track your data.
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Other crypto assets supported in Tangem Wallet.
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