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About Solayer USD
sUSD is the first ever yield-bearing stablecoin on Solana that is pegged to the U.S. dollar and backed by U.S. Treasury Bills (T-bills). This ensures that sUSD maintains a 1:1 peg with the U.S. dollar while simultaneously generating a 4% yield through T-bills, one of the safest short-term government debt instruments.
By serving as a reference implementation for the token 2022 interest-bearing extension, sUSD reinforces the stability of its 1:1 USD peg. The sUSD pool makes yield generation more accessible and efficient for the stablecoin ecosystem.
The interest on sUSD is distributed through automatic balance updates, allowing users to accumulate an annual yield of approximately 4% based on T-bill yield simply by holding sUSD. The underlying USD value of sUSD holding can be redeemed any time via the Solayer dashboard.
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Trading Insights
Market Stats
Market Cap
CA$959.07K
FDV
CA$959.07K
Circ. Supply
625K SUSD
Max Supply
No maximum supply
Total Supply
625K SUSD
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
CA$0.001143
Price Change (1Y)
Additional details
Market details
SUSD vs markets
↗ 31.91%
SUSD vs BTC
↗ 34.58%
SUSD vs ETH
↗ 65.56%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Solana | susdabGDNbhrnCa6ncrYo81u4s9GM8ecK2UwMyZiq4X |
Price history
Time | Price | Change |
|---|---|---|
Today | CA$1.53 | |
1 Day | CA$1.57 | |
1 Week | CA$1.59 | |
1 Month | CA$1.58 | |
1 Year | CA$1.56 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#323
Contributors
49
Posts
105
% About Solayer USD
0.041%
Articles
0
X (Twitter)
0% bullish
Sentiment
4.6 ★
Highlights
49 unique individuals are talking about Solayer USD and it is ranked #323 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Solayer USD has an average sentiment score of 4.6 out of 5. Finally, Solayer USD is becoming less newsworthy, with 0 news articles published about Solayer USD.
On Reddit, Solayer USD was mentioned in 1 Reddit posts and there were 1 comments about Solayer USD. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.