XSTUSD is an algorithmic stablecoin from the SORA (XOR) network. XST is a synthetic asset backed by a variable amount of XOR and pegged to a target index (e.g., a currency). XOR is minted/deminted to always guarantee the value of the pegged index. The first index implemented is linked to the value of DAI and is called XSTUSD.
Where is SORA Synthetic USD available for purchase?
You can exchange XSTUSD tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading SORA Synthetic USD is Uniswap V2 (Ethereum), notably the XSTUSD/WETH pair, which saw a trading volume of $ 265.26 in the past day.
What is the highest value SORA Synthetic USD (XSTUSD) has ever reached?
SORA Synthetic USD (XSTUSD) reached its peak price at 2.33 $ on 14 September 2023, approximately 2 years ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for SORA Synthetic USD (XSTUSD)?
The minimum price reached for SORA Synthetic USD (XSTUSD) was 0.079696 $, documented on 23 November 2024, more than 9 months ago. In comparison, the current price is 41.04%, it above this historical low.
What is the fully diluted valuation of SORA Synthetic USD (XSTUSD)?
The fully diluted valuation (FDV) of SORA Synthetic USD (XSTUSD) stands at $ 0.2315. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of XSTUSD tokens. The realization of this FDV might take several years depending on the emission schedule of XSTUSD tokens.