Token Properties
CategoryNon-RWA Stablecoins
Asset ClassSynthetic Stable
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformSynthetix
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
CEX ListedIndicates whether the token is listed on a centralized exchange
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset Information
Notes
- sUSD is Synthetix’s onchain synthetic USD (a “synth”) minted against staked collateral in the Synthetix system. Instead of representing a claim on fiat reserves, it represents system debt and relies on overcollateralization, liquidations, and exchange mechanisms within Synthetix (notably on L2s) to support its peg. Key risks include collateral volatility, systemic debt/solvency dynamics, oracle and liquidation parameter risk, and smart-contract risk across deployments.
Chains
Arbitrum
Ethereum
PrimaryFantom
Fraxtal
Harmony
OP Mainnet
Polygon
Sifchain
csusd
Solana
Unichain
Gnosis