CryptoCurrencies
16971
Exchanges
500
Total Market Cap
3,424,726,971,923
Volume 24h
284,767,455,229
Dominance
BTC 59.61%   ETH 8.13%   USDT 4.37%   XRP 4.00%

syUSD
SYUSD

1.042
$
2.43 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 1,298,732
Total Supply
2,000,000,000
SYUSD
$
# Exchange Pair Price Volume 24h

Description

Synnax is the first SEI-backed digital dollar on the SEI blockchain, offering users the ability to tokenize assets such as $iSEI and $SEI to issue $syUSD. Our mission is to enhance financial efficiency by empowering users to leverage their yield-bearing tokens to mint and borrow synthetic dollars. This process unlocks previously inaccessible capital, enabling users to take out dollar-pegged loans and use $syUSD across a variety of applications within the ecosystem. By integrating this innovative solution, we aim to provide greater flexibility and financial opportunities for users while strengthening the overall DeFi infrastructure on SEI.