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About Leveraged stETH
xstETH token, also called leveraged stETH, is a decentralized, composable leveraged long stETH futures contract with a low risk of liquidations and a 0 funding fee.
To create a stable-leverage pair, f(x) holds a reserve of some base token. To start, let’s consider stETH. Minted against that stETH reserve are two types of derivative tokens; one stable, and one volatile(xstETH). At all times, the total market cap of the two derivative tokens is held equal to the value of the reserve, and any derivative token can be redeemed at any time for its share of the reserve base token.
The volatile token price rises at a multiple rate of stETH. Based on the performance of xETH, this multiple generally varies between 1.5x- 4x, though it can rise as high as 4.3X before the protocol responds to limit it.
Market Stats
Market Cap
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FDV
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Circ. Supply
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Max Supply
No maximum supply
Total Supply
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Performance
Popularity
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Dominance
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Volume (24H)
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Volume (7D)
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Volume (30D)
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All time high
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Price Change (1Y)
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.00 per XSTETH with a 24-hour trading volume of £0.00.
Market details
XSTETH vs markets
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XSTETH vs BTC
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XSTETH vs ETH
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x5a097b014C547718e79030a077A91Ae37679EfF5 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.00 | Not enough data |
1 Day | £0.01668 | Not enough data |
1 Week | £0.01796 | |
1 Month | £0.02022 | |
1 Year | £0.6304 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Leveraged stETH calculator
Related assets
Cryptocurrencies with similar market cap
Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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