SUSD

sUSD COLLAPSE? South Korea Freezes SNX Deposits!

This isn’t just another depeg. This could be DeFi's next big crisis.

sUSD crashed to $0.68 and now, Korea’s top exchanges Upbit & Bithumb just froze SNX deposits.

Why?
Because SNX backs sUSD and the whole structure is shaking.
DAXA slapped SNX with a “caution” tag. That’s bad.
Meanwhile, Synthetix founder Kain Warwick launched the sUSD 420 Pool:

Lock your sUSD for a year.
Get a cut of 5 million SNX.

Desperate fix? Or DeFi genius?
Investors are nervous. Exchanges are reviewing SNX.
Recovery to $0.87 was brief. Trust is still broken.
Could SNX get delisted?
Will sUSD survive?
Is this a wake-up call for stablecoins?

Sound off. This is the thread crypto can’t ignore.

#BinanceNews #cryptocrash #SNX #sUSD #thecryptoheadquarters

#sUSD stablecoin has deviated from its peg

Crypto Stablecoin SUSD Crashes 30% - What You Need to Know

We discuss the recent crash of the crypto stablecoin SUSD, which is tied to the Synthetix $SNX token. Unlike $USDC which is backed by cash and bonds, SUSD relied on the volatile SNX token, causing it to lose its peg when the token dipped. The lesson learned is that crypto stablecoins can be risky, and it's important to stick to stablecoins with strong backing like USDC.
#SUSD #Synthetix #SNX #USDC #stablecoin

#SUSD #SNX Synthetix SUSD - repetition of luna collapse?

The cryptocurrency community is actively discussing the SUSD situation. This week, the Synthetix stablecoin price has dropped to $0.66, which is 34% below the $1 target.

✔️ Destabilization:

- In March, Synthetix implemented the SIP-420 upgrade, changing the debt management mechanism.
- The shift from individual SNX staking to a shared pool reduced the collateralization ratio from 750% to 200%.
- This has weakened the incentives to support the SUSD price, causing the stablecoin to lose its peg to the dollar for a month.

✔️ The Synthetix founder is trying to reassure the community, stating that SUSD is not an algorithmic stablecoin, so its price may fluctuate. He remains confident in the project, promising improvements.

✔️ Currently, Synthetix has announced a plan to address the depreciation issue of SUSD.

✔️Common reasons for community dissatisfaction:

- The new system has reduced the motivation for stakers to hold SUSD.
- Low liquidity and imbalances in the AMM pools worsen the situation, leading to significant price swings even with small trades.
- There are concerns about a potential chain reaction and token collapse if people start mass selling their tokens.#BTC

⚠️【sUSD Crashes to $0.70 — Not a Bug, But a Feature?】

On April 18, $sUSD dropped 13.9% in 24h, trading at $0.7038 with a market cap of just $22.96M 📉

❗ The depeg isn’t due to bad debt or a flaw — it’s a side effect of SIP-420:

Stakers no longer mint sUSD individually

Debt is pooled → no incentive to buy cheap sUSD to repay

This breaks the self-balancing mechanism ⚠️

🛠️ Synthetix plans to fix this via demand channels like Aave, Ethena integrations, and boosting Curve incentives.

💬 Insight: This is a wake-up call for DeFi — new models need better economic incentives, or decentralization may come at the cost of stability.

#sUSD #Synthetix #StablecoinCrisis

Earn interest on your crypto on Solana!
#sUSD New stablecoin arrives on Solana.
Do you want to grow your cryptocurrencies without much effort? We have good news! A new interest-paying stablecoin has just launched on Solana.
What does this mean for you?
* Yields: Earn attractive interest by holding your cryptocurrencies in this new stablecoin.
* Stability: Being a stablecoin, its value is linked to a fiat currency, which reduces volatility.
* Solana: Take advantage of the speed and efficiency of the Solana blockchain.
How to get started?
* Create an account on Binance: If you don't have one yet, sign up now.
* Deposit your cryptocurrencies: Transfer your assets to your Binance wallet.
* Invest in the new stablecoin: Look for the new stablecoin in the trading section and make your investment.
Don't miss this opportunity to grow your portfolio!

Disclaimer: Cryptocurrency investments involve risks. Please do your research before making any decision.
#Binance #Solana #Intereses #Stablecoin

⚠️ Synthetix USD (sUSD) Depegs to $0.83 — Stablecoin Woes Continue 📉

The Synthetix USD (sUSD) stablecoin has sharply depegged, falling to $0.83, raising concerns across DeFi markets. Once designed to hold parity with the U.S. dollar, this drop highlights growing liquidity and stability issues within the Synthetix ecosystem.

The depeg follows reduced demand and liquidity imbalances, sparking uncertainty for users relying on sUSD in synthetic asset trading and DeFi protocols.

As the broader crypto space leans heavily on stablecoins for ecosystem efficiency and user trust, incidents like this underscore the risks of algorithmic stablecoin models without strong collateral or market demand.

Will Synthetix recover and restore the peg — or is this a sign of deeper cracks?
$XRP
#sUSD #Stablecoins #CryptoNewss #DeFi #MarketRebound

$SNX
Synthetix stablecoin sUSD continued to decline by 4.6% in the past 24 hours, with the price dropping to $0.916, and the decoupling has exceeded 8%​​. This price fluctuation has attracted widespread attention in the market, as sUSD, being a stablecoin, is expected to maintain a stable 1:1 relationship with the US dollar. However, recent market dynamics indicate a significant deviation in the price of sUSD.
The decoupling of sUSD may be related to changes in market liquidity. According to analysis, the asset ratio in the Curve DAI-USDC-USDT-sUSD Pool has become severely unbalanced, with sUSD's proportion in that pool reaching 75.21%. This imbalance in asset ratios may have led users to sell sUSD in large quantities through Curve, subsequently exchanging it for other stablecoins, which exacerbated the price decline of sUSD​​.
Additionally, recent policy changes on the Synthetix platform may also have impacted the price of sUSD. The platform implemented SIP-2059 at the end of April, a move that resulted in the abolition of non-sUSD spot synthetic assets on the Ethereum mainnet, forcing users to convert these assets into sUSD. This large-scale asset conversion increased the selling pressure on sUSD, which could be a factor contributing to its price decline​​.
#snx #sUSD