eurostablecoins.xyz
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)
Issued assets
1
sEUR
Total supplyEUR
€995K
circulating · 2026-07-30
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 entity
JurisdictionDecentralized (no issuing jurisdiction)
MiCA statusNot regulated (decentralized synthetic) - discontinued/deprecated
RegulatorNone (decentralized protocol)
BackingSynthetic 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.
AttestationUnknown · On-chain (Synthetix debt pool); no off-chain reserve attestation
Issued assets
Access & redemption
Access typeRetail
OnboardingNone required
Direct mintNot available
Direct redeemAvailable
Freeze capabilityNo
Key documents
Issuer data sourced from official regulatory registers, issuer disclosures, and MiCA authorization records. Last verified: 2026-07-29. Methodology → · All issuers →