The native stablecoin of the Synthetix protocol, Synthetix USD (sUSD), has fallen to its lowest value in five years and is struggling to maintain the $1 value. Since the beginning of 2025, sUSD has experienced instability, dropping to $0.96 in January and recovering to $0.99 at the beginning of February. However, it fell to $0.83 in April. The stability of sUSD is tied to the market value of SNX tokens. Rob Schmitt, co-founder of the risk tokenization platform Cork Protocol, noted that sUSD carries a risk of a "death spiral" similar to TerraUSD. We look forward to your comments: What will be the future of sUSD?