Synnax
  • Overview
    • ⭐Synnax overview
  • ✨Protocol mechanics
    • How to mint syUSD
    • Managing your position
  • Protocol Stability
    • Liquidations
  • Price Stability
  • Protocol Fees
  • πŸ’²Synnax Stablecoin
  • What is syUSD
  • Staked syUSD (syUSDS)
  • πŸ“ˆSynnax Grow/multiply
  • Synnax Multiply (looping)
  • β˜€οΈSyn Token
    • Season 0: SYN XP campaign
  • Security
    • πŸ”“Security & audits
    • πŸ—οΈDeployed Contracts
    • πŸ‘οΈOracles
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  • What is syUSD?
  • Why syUSD?

What is syUSD

What is syUSD?

syUSD is the native stablecoin for the SEI Network, built to make capital useful. It’s overcollateralized, fast, and designed to move β€” not sit idle.

Whether it’s used for trading, lending, yield loops, or bootstrapping new protocols, syUSD is the stablecoin that gets things done.

Why syUSD?

β€’ SEI-Native, Built for Speed: syUSD lives on SEI β€” no bridges, no latency. It moves as fast as the network does, with seamless integration across the ecosystem.

β€’ Collateral-Backed, Capital-Efficient: Mint syUSD using supported assets. Instead of sitting idle, your collateral powers real on-chain activity β€” and earns for it.

β€’ Usage-Based Incentives: No governance votes. No handouts. Protocols that drive real demand for syUSD get rewarded automatically, based on TVL and impact.

β€’ Plug-and-Play Utility: LPs, lending markets, trading pairs, games β€” syUSD is composable by design and works wherever liquidity is needed.

syUSD is here to solve stablecoin stagnation on SEI.

It’s not passive. It’s not waiting. It’s built to be used.

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Last updated 2 months ago