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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.
XSTETH Price: £0.00
Trading Insights
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
3.7K XSTETH
Diluted Valuation
£2.33
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.0006304
Price Change (1Y)
Not enough data
99.87%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current circulating supply of Leveraged stETH is 0 XSTETH which means that Leveraged stETH has as total market cap of £0.00.
Market details
XSTETH vs markets
↘ 99.8%
XSTETH vs BTC
↘ 99.76%
XSTETH vs ETH
↘ 99.8%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x5a097b014C547718e79030a077A91Ae37679EfF5 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.00 | |
1 Day | £0.0006337 | |
1 Week | £0.0006379 | |
1 Month | £0.0006227 | |
1 Year | £0.4637 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Leveraged stETH calculator
Related assets
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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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