PANews reported on April 17 that according to market data, the degree of decoupling of Synthetix ecological stablecoin sUSD has intensified, and is now trading at US$0.8107, with a 24-hour drop of 5.8%, and its market value has fallen to US$25.76 million.

Previously, Kain, the founder of Synthetix, said that the sUSD anchor repair mechanism was in transition, and 90% of ETH had been sold and SNX positions had been increased.