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Synthetix depeg
Staking   -   Apr 24, 2025 Pulling Up sUSD: Synthetix’s Peg Crisis

Synthetix's main stablecoin, sUSD, has been trading significantly below its $1 peg for over a month after the implementation of the SIP-420 protocol upgrade. In an act of manual intervention within a decentralized system, the project’s founder has urged users to take action and help restore the peg

Alexander Mardar
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Staking   -   Apr 24, 2025 Pulling Up sUSD: Synthetix’s Peg Crisis
Synthetix depeg

Synthetix's main stablecoin, sUSD, has been trading significantly below its $1 peg for over a month after the implementation of the SIP-420 protocol upgrade. In an act of manual intervention within a decentralized system, the project’s founder has urged users to take action and help restore the peg

Alexander Mardar
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