sUSD continues to deviate from its peg, falling below 0.83 USD at its lowest point, and is currently priced at 0.85122 USD
The market shows that sUSD continues to decouple, with the current quote at 0.85122 USD, and it once fell below 0.83 USD during the day.
In previous news, Synthetix founder Kain stated that the anchoring repair mechanism of sUSD is in a transition phase, and he has sold 90% of ETH and increased his holdings in SNX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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