Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
The Synthetix stablecoin sUSD has decoupled by over 8% in the past 24 hours

The Synthetix stablecoin sUSD has decoupled by over 8% in the past 24 hours

Bitget2025/03/31 12:45
CRV-1.18%

Odaily Planet Daily reports that the Synthetix stablecoin sUSD has continued to fall by 4.6% in the last 24 hours, reaching $0.916, and is now more than 8% off its peg. The asset ratio of the DAI-USDC-USDT-sUSD Pool on Curve is severely skewed, with sUSD accounting for 75.21%. Users are selling their sUSD through Curve to exchange it for other stablecoins.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Former SEC Chairman Gensler says he is "proud" of taking enforcement actions to regulate cryptocurrencies
2
Tether issued an additional 1 billion USDT 3 hours ago.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,938.05
-0.38%
Ethereum
Ethereum
ETH
$4,469.4
-0.97%
XRP
XRP
XRP
$2.99
-1.30%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$1,000.52
+1.48%
Solana
Solana
SOL
$238.23
-0.91%
USDC
USDC
USDC
$0.9999
+0.02%
Dogecoin
Dogecoin
DOGE
$0.2646
-2.21%
TRON
TRON
TRX
$0.3474
+0.44%
Cardano
Cardano
ADA
$0.8916
-0.46%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter