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M. Cap: $2.66 T -1.00%24h Vol: $124.98 B -22.54%BTC: $69,673.92 -1.17%ETH: $3,531.37 -1.41%S&P 500: $5,256.71 0.17%Gold: $2,232.75 1.57%BTC Dominance: 51.59%
  • #6569

SORA Synthetic USD XSTUSD

XSTUSD Price

$0.6871.34%
Price Range--
--

Market Cap 

--Rank #6569

FDV 

$384,282.28Rank #7323

Investors

Twitter Followers

OverviewExchangesFundraisingVesting

Detailed Performance

SentimentBearish

XSTUSD shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
XSTUSD/USD
-2.40%1.32%1.49%-8.50%3.08%-28.84%
-2.11%2.53%-4.62%-17.83%-36.85%-71.12%
-2.21%2.78%-0.34%-10.38%-31.10%-63.44%
-2.07%3.11%-2.30%-21.47%-25.94%-70.06%
-2.42%1.01%0.93%-14.11%-9.63%-35.92%

XSTUSD to USD Converter

XSTUSD

Price History

All-Time High
$2.33
3.39x to ATH
All-Time Low
$0.11
6.25x to ATL
Trade Launch Date
24 Mar, 2022
735 days ago

About XSTUSD

SORA Synthetic USD (XSTUSD) is an algorithmic stablecoin that is linked to the value of DAI, which is a synthetic asset backed by a variable amount of XST (SORA's native token). XSTUSD is pegged to a target index and is created through community governance on the SORA network. It serves as a stable and reliable digital asset within the SORA ecosystem, enabling users to transact and store value with stability.

What makes SORA Synthetic USD unique?

SORA Synthetic USD (XSTUSD) is unique compared to other cryptocurrencies because it is an algorithmic stablecoin linked to the value of DAI, which is a synthetic asset backed by a variable amount of XST. This means that the value of XSTUSD is pegged to a target index, created through community governance.
Additionally, SORA Synthetic USD is built on the SORA network, which is a decentralized financial ecosystem that aims to provide financial inclusion for all. The SORA network utilizes parachains and bridges to connect with other blockchains, such as Ethereum, making it interoperable and expanding its reach.
By being fully collateralized on-chain and linked to off-chain indices, SORA Synthetic USD enables a wide range of composable decentralized finance (DeFi) operations that are completely censorship resistant. This allows users to access and utilize various financial services and products within the SORA ecosystem, enhancing financial freedom and flexibility.
Overall, SORA Synthetic USD stands out by combining the stability of a pegged stablecoin with the innovative capabilities of decentralized finance, offering a unique and inclusive financial solution.

Live SORA Synthetic USD Price Data

The current price of SORA Synthetic USD (XSTUSD) is approximately $0.687, reflecting a increase of 1.34% in the last 24 hours. The XSTUSD trading volume in the last 24 hours stands at $588.46. 

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand SORA Synthetic USD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on XSTUSD, check out our crypto insights page. 

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