The Synthetix stablecoin sUSD has decoupled by over 8% in the past 24 hours
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.
You may also like
DRW Investments acquires nearly 4 million shares of Trump Media & Technology Group worth $100 million
Synthetix Plans to Shut Down Its Base Network L2 Deployment and Refocus on Ethereum Mainnet
SUI Falls Below $3
Spark: Phase One of the Ignition Airdrop Program Set to Open for Claims
Trending news
MoreCrypto prices
More
