Προσαρμόστε τις Προτιμήσεις συναίνεσης

Χρησιμοποιούμε cookies για να σας βοηθήσουμε να πλοηγείστε αποτελεσματικά και να εκτελείτε ορισμένες λειτουργίες. Θα βρείτε λεπτομερείς πληροφορίες για όλα τα cookies σε κάθε κατηγορία συναίνεσης παρακάτω.

Τα cookies που κατηγοριοποιούνται ως "Απαραίτητα" αποθηκεύονται στο πρόγραμμα περιήγησής σας καθώς είναι απαραίτητα για την ενεργοποίηση των βασικών λειτουργιών του ιστότοπου.... 

Πάντα ενεργό

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

Δεν υπάρχει κάποιο Cookie για προβολή

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

Δεν υπάρχει κάποιο Cookie για προβολή

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

Δεν υπάρχει κάποιο Cookie για προβολή

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Δεν υπάρχει κάποιο Cookie για προβολή

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

Δεν υπάρχει κάποιο Cookie για προβολή

Προσαρμόστε τις Προτιμήσεις συναίνεσης

Χρησιμοποιούμε cookies για να σας βοηθήσουμε να πλοηγείστε αποτελεσματικά και να εκτελείτε ορισμένες λειτουργίες. Θα βρείτε λεπτομερείς πληροφορίες για όλα τα cookies σε κάθε κατηγορία συναίνεσης παρακάτω.

Τα cookies που κατηγοριοποιούνται ως "Απαραίτητα" αποθηκεύονται στο πρόγραμμα περιήγησής σας καθώς είναι απαραίτητα για την ενεργοποίηση των βασικών λειτουργιών του ιστότοπου.... 

Πάντα ενεργό

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

Δεν υπάρχει κάποιο Cookie για προβολή

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

Δεν υπάρχει κάποιο Cookie για προβολή

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

Δεν υπάρχει κάποιο Cookie για προβολή

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Δεν υπάρχει κάποιο Cookie για προβολή

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

Δεν υπάρχει κάποιο Cookie για προβολή

Synthetix’s sUSD Stablecoin Drops Further, Hits $0.68 Amid Ongoing Depeg

Synthetix USD (sUSD), the decentralized stablecoin backed by the Synthetix protocol, has sunk to fresh lows, sliding beneath $0.70 as it struggles to maintain its peg to the US dollar.

Despite the decline, the team behind Synthetix emphasized that this isn’t unfamiliar territory. “Both Synthetix and sUSD have previously endured tough market conditions and volatility in the stablecoin space — this is yet another test of durability,” a representative said.

sUSD Falls Nearly 31% Below Its Peg

sUSD is supported by crypto collateral — users must lock up SNX tokens to mint it. This means its peg stability is tightly tied to SNX’s market performance.

Qries

Currently, sUSD is trading at $0.70, reflecting a sharp 30% drop from its intended 1:1 dollar value, according to data from CoinMarketCap.

Cryptocurrencies, Markets

Interestingly, the SNX token itself has remained relatively steady during the same timeframe, falling only around 1% over the past seven days and sitting at $0.63. However, on a 30-day basis, SNX is down about 26%, mirroring broader market weaknesses.

The Synthetix team attributes sUSD’s price swings to “structural changes” brought by SIP-420 — a recent proposal that moves debt risk from individual stakers to the protocol level.

To address the volatility, Synthetix has outlined several action plans:

  • Short-Term: Boosting sUSD liquidity through Curve pools and incentives on Infinex, its derivatives trading platform.
  • Mid-Term: Rolling out a simplified, debt-free SNX staking system to encourage repaying outstanding debts.
  • Long-Term: Implementing major changes to capital efficiency via the 420 Pool, protocol-level sUSD supply management, and new mechanisms to promote adoption across the ecosystem.

Synthetix founder Kain Warwick took to X on April 2 to clarify that the dip is largely due to the removal of sUSD’s primary demand source. “We’re in a transition phase — new tools are being deployed, and with that comes temporary volatility,” he noted.

He also reminded users that sUSD is not an algorithmic stablecoin, but one backed by crypto assets, meaning price deviations are possible. “The peg does drift, but we’ve built-in mechanisms to restore it when necessary,” he said.

The stablecoin has faced ongoing instability since early 2025. It fell to $0.96 on January 1, briefly climbed back to $0.99 in February, and has fluctuated since before finding some stability in March — now once again losing ground.

For more news, find me on Twitter Giannis Andreou and subscribe to My channels Youtube and Rumble

What is your opinion on this particular topic?  Leave us your comment below!  We are always interested in your opinion!

Leave a Reply

Your email address will not be published. Required fields are marked *

Προτεινόμενα άρθρα:

Μοιράσου τη Δημοσίευση: