Today's Synthetic USD price is $0.997579, which is up 5% over the last 24 hours. Synthetic USD's market cap is unknown. 24 hour XUSD volume is $4,655. It has a market cap rank of 5876. Synthetic USD is traded on exchanges. Synthetic USD had an all-time high of $1.0178 6 days ago. Over the last day, Synthetic USD has had 0% transparent volume and has been trading on 1 active markets with its highest volume trading pairs being .
Synthetify is a synthetic assets platform, fully built on top of the Solana blockchain. The platform aims to provide a bridge between cryptocurrencies, stocks, fiat money, and other financial instruments directly from one decentralized exchange.
Synthetify solves critical problems of other Synthetic assets platforms, like high fees, long confirmation times and losses caused by arbitrage during sharp market moves.
Solana blockchain offers orders of magnitude better performance than any other layer one blockchain available on the market right now and thanks to low fees and fast confirmation time is the perfect bedrock for applications like Synthetify. Synthetify introduced its own token that acts as collateral for synthetic assets, reduces fees on Synthetify exchange and holds voting power during governance decisions.