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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.
Trading Insights
Market Stats
Market Cap
£516.03K
FDV
£516.03K
Circ. Supply
642K SUSD
Max Supply
No maximum supply
Total Supply
642K 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
Not enough data
Price Change (1Y)
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.8043 per SUSD with a 24-hour trading volume of £0.00.
The current circulating supply of Solayer USD is 641,588.271 SUSD which means that Solayer USD has as total market cap of £516,030.07.
Market details
SUSD vs markets
Not enough data
SUSD vs BTC
Not enough data
SUSD vs ETH
Not enough data
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Solana | susdabGDNbhrnCa6ncrYo81u4s9GM8ecK2UwMyZiq4X |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.8043 | |
1 Day | £0.822 | |
1 Week | £0.8225 | |
1 Month | £0.8288 | |
1 Year | £0.8169 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Social stats
Popularity in posts
#276
Contributors
106
Posts
203
% About Solayer USD
0.057%
Articles
0
X (Twitter)
37.5% bullish
Sentiment
4.3 ★
Highlights
106 unique individuals are talking about Solayer USD and it is ranked #276 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 4.3 out of 5. Finally, Solayer USD is becoming less newsworthy, with 0 news articles published about Solayer USD.
On Twitter, people are mostly neutral about Solayer USD. There were 41.77% of tweets with bullish sentiment compared to 11.39% of tweets with a bearish sentiment about Solayer USD. 58.23% of tweets were neutral about Solayer USD. These sentiments are based on 88 tweets.
On Reddit, Solayer USD was mentioned in 4 Reddit posts and there were 4 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
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.
