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![egoegodifi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1706939178829729793.png) egoego⚡💵 [@egoegodifi](/creator/twitter/egoegodifi) on x 1890 followers
Created: 2025-07-18 10:53:53 UTC

I've been trying to understand why sUSD is underperforming during a bull run, despite being a stablecoin.

It's the only asset showing red in my @infinex  portfolio.

With a total supply and circulation of 15.9M, $16M should keep this token stable above $X.

The 24-hour trading volume is $XXXXXXXXX.

Notably, sUSD is pegged to $SNX, not fiat, allowing users to mint sUSD by staking $SNX.

The founder of Infinex also founded Synthetix Network, suggesting sUSD and $SNX may be part of Infinex's plans, if not now, then in the future.

I hope the team finds ways to stabilize the price of sUSD.

![](https://pbs.twimg.com/media/GwIaustWcAAJHyJ.png)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946161496200786190/c:line.svg)

**Related Topics**
[bull run](/topic/bull-run)
[snx](/topic/snx)
[staking](/topic/staking)
[mint](/topic/mint)
[fiat](/topic/fiat)
[token](/topic/token)
[$16m](/topic/$16m)
[infinex](/topic/infinex)

[Post Link](https://x.com/egoegodifi/status/1946161496200786190)