Synthetix to use all fee revenue for SNX, sUSD buybacks under 2026 roadmap

Decentralized synthetic asset protocol Synthetix (SNX) has announced its 2026 roadmap on its official blog. According to the team, all transaction revenue generated by the protocol will be used for SNX and sUSD buybacks, with the revenue split evenly between the two assets. The team aims to restore sUSD's peg to the U.S. dollar within the second quarter. Once the sUSD peg stabilizes, all trading fee revenue from Synthetix Perps, its perpetual futures exchange, will be dedicated exclusively to SNX buybacks. Other key roadmap items include multi-collateral trading on the Ethereum mainnet, basis trading vaults, and a sustainable incentive program. Synthetix's synthetic dollar asset, sUSD, has been severely depegged since November 2025 and has not yet recovered its dollar parity.