Log in/ Sign up

About SUSD

sUSD (SUSD) is a cryptocurrency launched in 2018. SUSD has a current supply of 33.17M with 33.17M in circulation. The last known price of SUSD is 0.843316955763 USD and is 0.057491473667 over the last 24 hours. It is currently trading on active market(s) with $470,371.79 traded over the last 24 hours. More information can be found at https://www.synthetix.io/.

Official Website

Social Media

SUSD Price Statistics
SUSD’s Price Today
24h Price Change
+$0.0574914736677.32%
24h Volume
$470,371.79491.04%
24h Low / 24h High
$0.98790305 / $1.00
Volume / Market Cap
0.016814144877
Market Dominance
0.00%
Market Rank
#653
SUSD Market Cap
Market Cap
$27.97M
Fully Diluted Market Cap
$120.09M
SUSD Price History
7d Low / 7d High
$0.98073423 / $1.02
All-Time High
$2.36Nov 16, 2021
All-Time Low
$0.38760477Apr 14, 2019
SUSD Supply
Circulating Supply
33.17M
Total Supply
33.17M
Max Supply
142.40M
Updated Mar 13, 2026 3:03 am
image
SUSD
sUSD
$0.843316955763
$0.057491473667(+7.32%)
Mkt Cap $27.97M
There's nothing here for now
Bitcoin Miners Face Profitability Challenges Amid Market Shifts
Bitcoin Miners Face Profitability Challenges Amid Market Shifts
Bitcoin miners are encountering significant profitability challenges in the current market cycle, with diminishing returns prompting a potential shift towards artificial intelligence (AI) hosting or leveraging their holdings for yield generation. According to Cointelegraph, market maker Wintermute highlighted these issues in a blog post on Thursday, noting that miners have invested years in developing large-scale power infrastructure in low-cost energy markets. This infrastructure is now highly sought after by the AI industry, which cannot easily replicate it. Wintermute described Bitcoin mining as a "structurally rigid business model," suggesting that while transitioning to AI is an attractive option, it is also a "drastic and capital-intensive step." This report coincides with mining giant MARA Holdings' recent filing with the SEC on March 3, indicating its intention to sell some of its Bitcoin to pivot towards AI technology. Publicly listed miners have collectively sold over 15,000 Bitcoin since October, reflecting a broader trend. Wintermute pointed out that Bitcoin miners collectively hold nearly 1% of the total Bitcoin supply, a "legacy of the HODL era." The company argued that the "full toolkit of treasury management remains largely untapped." Traditionally, crypto yield generation has been limited to staking and decentralized finance (DeFi). However, Wintermute suggested that miners could explore active management strategies, such as monetizing market risk through derivatives structures, covered calls, and cash-secured puts. Passive management options include deploying Bitcoin into lending protocols to earn interest. The company emphasized that active balance sheet management is an underutilized strategy that could provide miners with a competitive edge as they approach the next halving. Wintermute noted that, for the first time in a four-year market cycle, Bitcoin has not delivered the two-times price return needed to counteract halving-driven revenue cuts. Gross margins have peaked at levels previously associated with bear market floors. Additionally, the transaction fee market has not compensated for these challenges, as it remains "episodic" rather than structural, while energy costs continue to pressure margins. Wintermute concluded that this current squeeze is distinct from previous cycles in 2018 and 2022, describing it as a "healthy shakeup" that aligns with Bitcoin's design and will ultimately enhance the mining industry's efficiency.
Mar 13, 2026 2:03 pm

Frequently Asked Questions

  • What is sUSD?

    sUSD is a synthetic USD token enabled by the Synthetix protocol. It tracks the price of the US Dollar through price feeds supplied by Chainlink’s decentralized network of oracles. sUSD is integrated across the DeFi ecosystem as one of the most liquid decentralized stablecoins, including at Curve. It can be traded without slippage for other assets native to the Synthetix protocol at Kwenta or Synthetix.Exchange.

    Read More
  • What is the all-time high price of sUSD (SUSD)?

    The all-time high of SUSD was 2.36 USD on 2021-11-16, from which the coin is now down 64.26623068800848%. The all-time high price of sUSD (SUSD) is 2.36. The current price of SUSD is down 64.26623068800848% from its all-time high.

    Read More
  • How much sUSD (SUSD) is there in circulation?

    As of , there is currently 33.17M SUSD in circulation. SUSD has a maximum supply of 142.40M.

    Read More
  • What is the market cap of sUSD (SUSD)?

    The current market cap of SUSD is 27.97M. It is calculated by multiplying the current supply of SUSD by its real-time market price of 0.843316955763.

    Read More
  • What is the all-time low price of sUSD (SUSD)?

    The all-time low of SUSD was 0.38760477 , from which the coin is now up 117.57135645234709%. The all-time low price of sUSD (SUSD) is 0.38760477. The current price of SUSD is up 117.57135645234709% from its all-time low.

    Read More
  • Is sUSD (SUSD) a good investment?

    sUSD (SUSD) has a market capitalization of $27.97M and is ranked #653 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze sUSD (SUSD) price trends and patterns to find the best time to purchase SUSD.

    Read More