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Synthetix founder: sUSD has gradually recovered its anchor and is optimistically expected to fully return to the anchor by the end of the month

2025-08-09 12:53

According to Odaily Planet Daily, Synthetix founder Kain posted an image of the sUSD price recovery on the X platform, saying: "(The price) is almost back. This period has been difficult, but I am optimistic that it should fully return to the anchor by the end of the month, when the mainnet pre-deposit activity will be launched, and finally get us back on track." Previously, sUSD was de-anchored due to Synthetix's introduction of a shared debt pool mechanism in SIP-420, and fell to a low of $0.73.