CryptoCurrencies
18267
Exchanges
500
Total Market Cap
4,270,746,675,892
Volume 24h
183,265,948,073
Dominance
BTC 53.58%   ETH 13.49%   XRP 4.25%   USDT 3.91%

syUSD
SYUSD

0.9990
$
0.39 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 1,378,970
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.