Organization record
Record sog_issuer_synthetix
Synthetix
Synthetix developed sUSD and the synthetic-asset infrastructure used across its V2 and V3 systems.
- Category
- Protocol or software system
- Regulatory character
- Protocol or decentralized system
- Jurisdiction
- Unknown or not publicly resolved
Scope: Unknown or not publicly resolved - Connected assets
- 1
- Relationships
- 1 current
0 historical - Evidence
- 14 source records
Reviewed identity
Organization summary
The primary category, regulatory character, jurisdiction, asset count, relationship count, and Evidence count are already shown above.Synthetix developed sUSD and the synthetic-asset infrastructure used across its V2 and V3 systems.
- Legal form
- Not recorded in canonical data
- Functional roles
- Protocol operator
- Official website
- https://synthetix.io/
- Record confidence
- Medium
- Last reviewed
- 2026-06-02
Connected assets
Relationships
Current, ended, and unknown relationships remain separate. Primary display is navigation only.| Stablecoin | Role | Period | State | Lifecycle |
|---|---|---|---|---|
| Synthetix USDPrimary display | Protocol operator | Not yet recorded – Not yet recorded | Active relationship | Restricted |
Synthetix USD
PrimaryProtocol operator
Start not recorded – Present / not recordedMaterial history
Events
The five latest typed events are shown first. Control actions remain linked to evidence.| Date | Event | Type | Effect |
|---|---|---|---|
| 2026-06-18 | sUSD remains in a severe market depeg | Major DepegDepeg and peg stress | Restricted or impaired |
| 2026-06-12 | SIP-423 proposes legacy sUSD retirement and SNX compensation | Governance Change ProposedGovernance and protocol change | Restricted or impaired |
| 2018-11-30 | nUSD is renamed sUSD during the Synthetix rebrand | RebrandMigration and rebrand | No lifecycle change |
| 2018-06-11 | Havven launches nUSD on Ethereum mainnet | LaunchLaunch and introduction | Remained active |
| 2018-04-11 | sUSD across Synthetix V2 and V3 | Predecessor Trial LifecycleMigration and rebrand | Historical context only |
sUSD remains in a severe market depeg
Major Depeg
Restricted or impairedSIP-423 proposes legacy sUSD retirement and SNX compensation
Governance Change Proposed
Restricted or impairednUSD is renamed sUSD during the Synthetix rebrand
Rebrand
No lifecycle changeHavven launches nUSD on Ethereum mainnet
Launch
Remained activesUSD across Synthetix V2 and V3
Predecessor Trial Lifecycle
Historical context onlyProvenance
Evidence
The first ten source records are shown initially. Source identity, publication date, reliability, and archive state remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Synthetix documentation for sUSD Published Not yet recorded | Synthetix | Official statement or announcement Canonical: Issuer Statement | Subject-controlled source | Primary source | Entity Collateral Redemption, Susd Protocol Lifecycle Context | No archive recorded | Medium |
| SIP-423: sUSD Retirement & Staking Reform Published 2026-06-12 | Synthetix Improvement Proposals | Governance record Canonical: Official Governance Proposal | Governance primary source | Primary source | Governance Status, Retirement Proposal, Compensation Proposal, Snapshot Proposal, 420 Pool, Staking Reform, Vote Pending Retirement Compensation and Staking Reform | No archive recorded | High |
| Synthetix Improvement Proposal status definitions Published Not yet recorded | Synthetix Improvement Proposals | Governance record Canonical: Official Governance Documentation | Governance primary source | Primary source | Vote Pending, Approved, Implemented, Proposal Status Taxonomy | No archive recorded | High |
| SIP-420: SNX Staking 420 Pool Published 2024-12-18 | Synthetix Improvement Proposals | Governance record Canonical: Official Governance Proposal | Governance primary source | Primary source | 420 Pool, Debt Jubilee, Staking, Protocol Owned Debt, 420 Pool and Protocol Owned Debt Context | No archive recorded | High |
| Rebuilding sUSD Published 2026-02-12 | Synthetix | Official statement or announcement Canonical: Official Protocol Update | Subject-controlled source | Primary source | Persistent Depeg, Minting Deprecation, Repeg Plan, 420 Pool, Persistent Depeg and Repeg Measures | No archive recorded | High |
| Synthetix 2026 Roadmap Published 2026-03-13 | Synthetix | Official documentation or product page Canonical: Official Protocol Roadmap | Subject-controlled source | Primary source | Roadmap, Repeg Plan, Buybacks, Collateral Transition, Repeg Buybacks and Collateral Transition Plan | No archive recorded | High |
| MetaMask sUSD price page Published Not yet recorded | MetaMask | Data or market reference Canonical: Market Data Page | Data or market aggregator | Secondary source | Market Price, Depeg, Ethereum Contract Context, Ethereum Market Price Observation | No archive recorded | Medium |
| Havven milestones: eUSD released April 11 Published 2018-06-17 | Synthetix | Official statement or announcement Canonical: Official Protocol Milestone | Subject-controlled source | Primary source | Predecessor Launch, Eusd, Trial Iteration, Eusd Release Date | Archive index or wildcard | High |
| eUSD and eStore update Published 2018-06-01 | Synthetix | Official statement or announcement Canonical: Official Protocol Announcement | Subject-controlled source | Primary source | Predecessor Phaseout, Issuance Stop, Redemption Closure, 2018-06-29, Eusd Phaseout and Closure | Archive index or wildcard | High |
| nUSD launches today! Published 2018-06-11 | Synthetix | Official statement or announcement Canonical: Official Protocol Announcement | Subject-controlled source | Primary source | Launch date, Ethereum Mainnet, Hav Backed Nomin, Nusd Mainnet Launch | Archive index or wildcard | High |
Official statement or announcement
MediumSynthetix documentation for sUSD
- Publisher
- Synthetix
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Entity Collateral Redemption, Susd Protocol Lifecycle Context
- Archive
- No archive recorded
- Reliability
- Medium
Governance record
HighSIP-423: sUSD Retirement & Staking Reform
- Publisher
- Synthetix Improvement Proposals
- Published
- 2026-06-12
- Provenance
- Governance primary source
- Primary or secondary
- Primary source
- Supported claims
- Governance Status, Retirement Proposal, Compensation Proposal, Snapshot Proposal, 420 Pool, Staking Reform, Vote Pending Retirement Compensation and Staking Reform
- Archive
- No archive recorded
- Reliability
- High
Governance record
HighSynthetix Improvement Proposal status definitions
- Publisher
- Synthetix Improvement Proposals
- Published
- Not yet recorded
- Provenance
- Governance primary source
- Primary or secondary
- Primary source
- Supported claims
- Vote Pending, Approved, Implemented, Proposal Status Taxonomy
- Archive
- No archive recorded
- Reliability
- High
Governance record
HighSIP-420: SNX Staking 420 Pool
- Publisher
- Synthetix Improvement Proposals
- Published
- 2024-12-18
- Provenance
- Governance primary source
- Primary or secondary
- Primary source
- Supported claims
- 420 Pool, Debt Jubilee, Staking, Protocol Owned Debt, 420 Pool and Protocol Owned Debt Context
- Archive
- No archive recorded
- Reliability
- High
Official statement or announcement
HighRebuilding sUSD
- Publisher
- Synthetix
- Published
- 2026-02-12
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Persistent Depeg, Minting Deprecation, Repeg Plan, 420 Pool, Persistent Depeg and Repeg Measures
- Archive
- No archive recorded
- Reliability
- High
Official documentation or product page
HighSynthetix 2026 Roadmap
- Publisher
- Synthetix
- Published
- 2026-03-13
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Roadmap, Repeg Plan, Buybacks, Collateral Transition, Repeg Buybacks and Collateral Transition Plan
- Archive
- No archive recorded
- Reliability
- High
Data or market reference
MediumMetaMask sUSD price page
- Publisher
- MetaMask
- Published
- Not yet recorded
- Provenance
- Data or market aggregator
- Primary or secondary
- Secondary source
- Supported claims
- Market Price, Depeg, Ethereum Contract Context, Ethereum Market Price Observation
- Archive
- No archive recorded
- Reliability
- Medium
Official statement or announcement
HighHavven milestones: eUSD released April 11
- Publisher
- Synthetix
- Published
- 2018-06-17
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Predecessor Launch, Eusd, Trial Iteration, Eusd Release Date
- Archive
- Archive index or wildcard
- Reliability
- High
Official statement or announcement
HigheUSD and eStore update
- Publisher
- Synthetix
- Published
- 2018-06-01
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Predecessor Phaseout, Issuance Stop, Redemption Closure, 2018-06-29, Eusd Phaseout and Closure
- Archive
- Archive index or wildcard
- Reliability
- High
Official statement or announcement
HighnUSD launches today!
- Publisher
- Synthetix
- Published
- 2018-06-11
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Launch date, Ethereum Mainnet, Hav Backed Nomin, Nusd Mainnet Launch
- Archive
- Archive index or wildcard
- Reliability
- High
Show 5 additional source records
| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Synthetix documentation for sUSD Published Not yet recorded | Synthetix | Official statement or announcement Canonical: Issuer Statement | Subject-controlled source | Primary source | Entity Collateral Redemption, Susd Protocol Lifecycle Context | No archive recorded | Medium |
| Havven is transforming into Synthetix! Published 2018-11-30 | Synthetix | Official statement or announcement Canonical: Official Protocol Announcement | Subject-controlled source | Primary source | Rebrand, Same Contract, Nusd Alias, Susd Name, Nusd to Susd Rebrand | Archive index or wildcard | High |
| Synths are now live on Mainnet Published 2018-12-07 | Synthetix | Official statement or announcement Canonical: Official Protocol Announcement | Subject-controlled source | Primary source | Susd, Nusd Continuity, Synth Mainnet, Susd Continuity from Nusd | Archive index or wildcard | High |
| Synthetix V3 FAQ Published Not yet recorded | Synthetix | Official documentation or product page Canonical: Protocol Docs | Subject-controlled source | Primary source | Susd V2 V3 Identity and Collateral Context | No archive recorded | High |
| Synthetix Perps V2 legacy introduction Published Not yet recorded | Synthetix | Official documentation or product page Canonical: Protocol Docs | Subject-controlled source | Primary source | Susd Legacy Settlement and Collateral Context | No archive recorded | High |
Official statement or announcement
MediumSynthetix documentation for sUSD
- Publisher
- Synthetix
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Entity Collateral Redemption, Susd Protocol Lifecycle Context
- Archive
- No archive recorded
- Reliability
- Medium
Official statement or announcement
HighHavven is transforming into Synthetix!
- Publisher
- Synthetix
- Published
- 2018-11-30
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Rebrand, Same Contract, Nusd Alias, Susd Name, Nusd to Susd Rebrand
- Archive
- Archive index or wildcard
- Reliability
- High
Official statement or announcement
HighSynths are now live on Mainnet
- Publisher
- Synthetix
- Published
- 2018-12-07
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Susd, Nusd Continuity, Synth Mainnet, Susd Continuity from Nusd
- Archive
- Archive index or wildcard
- Reliability
- High
Official documentation or product page
HighSynthetix V3 FAQ
- Publisher
- Synthetix
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Susd V2 V3 Identity and Collateral Context
- Archive
- No archive recorded
- Reliability
- High
Official documentation or product page
HighSynthetix Perps V2 legacy introduction
- Publisher
- Synthetix
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Susd Legacy Settlement and Collateral Context
- Archive
- No archive recorded
- Reliability
- High
UncertaintyKnown unknowns5
Synthetix V2 V3 and Post Launch Lifecycle
The eUSD predecessor, nUSD launch, and nUSD-to-sUSD rename are now resolved. Synthetix V2/V3 boundaries, SNX-backed minting deprecation, 420 Pool history, debt-pool mechanics, deployment upgrades, and any successor or parallel stable assets still require dedicated source-backed lifecycle records.
Medium · last checked 2026-06-23Do not reopen the 2018 launch boundary without conflicting first-party evidence. Keep later protocol-version and debt-system transitions separate from the launch lineage.
Sip423 Governance and Implementation
SIP-423 remains Vote Pending. Vote opening and closing dates, Spartan Council result, approval or rejection, implementation schedule, deployed contracts, and on-chain execution transactions are not yet established.
High · last checked 2026-06-23Keep visible until direct governance, contract, pool, or market evidence resolves the field.
Snapshot Claim and Compensation Eligibility
The final snapshot block, eligible contracts and wallets, treatment of post-snapshot purchases, LP and vault receipts, DeFi deposits, Optimism Safe routing, claim opening and deadline, burn mechanics, maximum SNX issuance, lock start, vesting start, transferability, and frontend or jurisdiction restrictions remain unresolved.
High · last checked 2026-06-23Keep visible until direct governance, contract, pool, or market evidence resolves the field.
420 Pool Staker Exit and Debt Treatment
Final handling of each 420 Pool position, debt-backed SNX, debt-free SNX, returned sUSD, early debt repayment, cooldown, accrued and undistributed rewards, four-year continuation lock, one-year vesting, and any alternative USDT compensation remains subject to approval and implementation details.
High · last checked 2026-06-23Keep visible until direct governance, contract, pool, or market evidence resolves the field.
Depeg Market Price and Execution
The canonical market low, exact duration, Ethereum and Optimism price divergence, pool reserves, TVL, route, block, spot price, and executable prices for 1,000, 10,000, and 100,000 sUSD remain source-specific. User screenshots are investigation leads and are not canonical price evidence without route and timestamp verification.
High · last checked 2026-06-23Keep visible until direct governance, contract, pool, or market evidence resolves the field.
Maintenance