Sumer.Money suUSD (SUUSD)

Sumer.Money suUSD (SUUSD)

Coin Information

Flag of Worldwide (Decentralized) Worldwide (Decentralized)
Blockchain icon Blockchain: Meter, Arbitrum, Base
Ticker icon Ticker: SUUSD
Type icon Type: Token
Asset or Contract address icon Contract:

Market Cap

Fully Diluted Valuation

Coin Supply

Circ icon Circ.: 725 494(100%)Question Mark Icon
Total icon Total: 725 494
Max icon Max: 725 494

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Sumer.Money suUSD Price Chart

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About Sumer.Money suUSD?

“Sumer is a Cross-chain Synthetic Assets Money Market Protocol deployed simultaneously on a network of chains.

As a DeFi user, you can deposit your assets (ETH, BTC, USDC, USDT, and more) on the native blockchain in the lending and borrowing market to mint synthetic assets (SuUSD, SuETH, SuBTC) that are fungible across the network of all supported blockchains.

Sumer is a risk engine that intelligently matches the users’ assets and liabilities based on the correlation of the assets. We put ETH derivative LSTs and ETH in the same asset group. This homogeneous grouping allows them to create synthetic ETH (suETH) and borrow against each other at a much higher collateral ratio. It is essentially a ‘stable swaps’ build for lending protocols.

With the help of the synthetic tokens (suUSD, suETH, suBTC), Sumer enables the creation of a fungible multichain layer on top of the native tokens, LSTs, RSTs, and yield-bearing stablecoins. This benefits users with improved cross-chain composability and additional yield opportunities without relinquishing their existing position (e.g., Deposit wstETH as collateral to mint suETH, Create wstETH/suETH pair on stable swaps for yield farming).

Summer adds more utility, capital efficiency, and stickiness to native tokens, LSTs, RSTs, and yield-bearing stablecoins.”

Frequently Asked Questions

We currently have no price information of Sumer.Money suUSD SUUSD available.
The circulating supply of Sumer.Money suUSD is 725494.
Sumer.Money suUSD (SUUSD) has an infinite supply.
Sumer.Money suUSD (SUUSD) has an infinite supply.
Sumer.Money suUSD is a decentralized coin.
Sumer.Money suUSD is a token running on the Meter, Arbitrum, Base blockchain.
The contract address of Sumer.Money suUSD is 0x8bf591eae535f93a242d5a954d3cde648b48a5a8.

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