Issuers / Synthetix
Synthetix
Synthetix
Synthetic euro from the Synthetix debt-pool model (SNX-collateralized), tracked to the euro via a Chainlink oracle. Deprecated: legacy spot Synths are being redeemed to the Synthetix Treasury at a frozen oracle price.
Not regulatedDecentralized (no issuing jurisdiction)
Overview
Synthetix is a euro stablecoin issuer based in Decentralized (no issuing jurisdiction). It issues sEUR, tracked on this site. Synthetix is the brand; sEUR is legally issued by Synthetix protocol (no central legal issuer). Its regulatory status is recorded as Not regulated (decentralized synthetic) - discontinued/deprecated, with None (decentralized protocol) as the named regulator.
Issued assets
1
sEUR
Total supplyEUR
€998K
circulating · 2026-09-13
Regulator
None (decentralized protocol)
Not regulated (decentralized synthetic) - discontinued/deprecated
Attestation
Unknown
On-chain (Synthetix debt pool); no off-chain reserve attestation
Regulatory profile
| Legal issuer | Synthetix protocol (no central legal issuer) |
| Jurisdiction | Decentralized (no issuing jurisdiction) |
| MiCA status | Not regulated (decentralized synthetic) - discontinued/deprecated |
| Regulator | None (decentralized protocol) |
| Backing | Synthetic euro from the Synthetix debt-pool model (SNX-collateralized), tracked to the euro via a Chainlink oracle. Deprecated: legacy spot Synths are being redeemed to the Synthetix Treasury at a frozen oracle price. |
| Attestation | Unknown · On-chain (Synthetix debt pool); no off-chain reserve attestation |
Issued assets
Access & redemption
| Access type | Retail |
| Onboarding | None required |
| Direct mint | Not available |
| Direct redeem | Available |
| Freeze capability | No |
Key documents
Issuer data sourced from official regulatory registers, issuer disclosures, and MiCA authorization records. Last verified: 2026-07-29. No public source found on record for: reserve report, attestation cadence. These fields are shown as — rather than estimated. Figures are informational and should be verified against the issuer’s own and the regulator’s disclosures. Source classes & methodology → · Data coverage → · All issuers →