The Defiant • Jul 29, 24
21Shares Implements Chainlink Proof of Reserve to Enhance ETF Transparency
The ETF issuer aims to assure investors that CETH is backed by actual ETH holdings.
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cETH (CETH) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
cETH Price (CETH)
Market stats
cETH is on the rise this week. ↗
The price of cETH has decreased by 0.31% in the last hour and increased by 0.50% in the past 24 hours. cETH’s price has also risen by 3.41% in the past week. The current price is $40.11 per CETH with a 24-hour trading volume of $249.62. Currently, cETH is valued at 0.56% below its all time high of $40.34. This all-time high was the highest price paid for cETH since its launch.
The current circulating supply of cETH is 2,244,427.415 CETH which means that cETH has as total market cap of $90,068,872.16.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$90,068,872.16
Circulating
$2,244,427.41
Max Supply
Data unavailable
Price & Volume changes
Volume (24h)
$249.62
↗ 553.63%
Volume (30D)
Data unavailable
Volume (7D)
Data unavailable
Benchmarks
All time high
$40.34
↘ 58.87%
Performance (1Y)
↘ 42.19%
Vs. Market (1Y)
↘ 50.71%
Vs. BTC (1Y)
↘ 53.81%
Vs. ETH (1Y)
↗ 0.14%
Diluted valuation
$90,075,650.00
Additional info about cETH
Networks
Ethereum:;
0x4Ddc2D193948926D02f9B1fE9e1daa0718270ED5
FAQ
Compound is an autonomous, algorithm-based yield rate protocol created for developers to unlock a world of open financial applications.
According to the whitepaper, the currency is an Ethereum-based protocol that seeks to build money markets. Money markets are the pools of assets with algorithmic yield rates based on the asset's demand and supply. Borrowers and suppliers of an asset communicate directly with the protocol, paying and earning a floating yield rate without negotiating terms like maturity or collateral with a counterparty. DApps and exchanges with token balance use Compound protocol for incremental returns and monetization by sweeping balances to open new business models for the Ethereum platform. Besides this, the protocol lets users borrow assets from the protocol using cTokens in the Ethereum ecosystem. cTokens work as collateral for the assets borrowed from the protocol. The total value of an account's underlying token balance, multiplied by the collateral factors, makes a user's borrowing capacity.
This protocol aims to use the yield rate model to incentivize liquidity. The liquidity can decline at the time of high demand for an asset, which leads to an increase in the yield rate.
cTokens are the main mode of engaging with Compound Protocol. There are two types of cTokens: CErc20 and CEther. CEther wraps the Ether itself while Cerc20 wraps an ERC-20 underlying asset. Users' balances are the cToken balances that can be minted by supplying assets to the market. Minting is the process of verifying information, designing a new block, and documenting that data into the blockchain. Also, the exchange rate of the underlying asset and cTokens seeks to increase with time. Users can earn yield by supplying tokens in the money market without any interference from the central party.
A centralized system controls the Compound governance. However, over time, the stakeholder and community may take control. The admin in the protocol controls the following rights:
The version 1.0 of the Compound Protocol whitepaper was launched in February 2019 by Robert Leshner and Geoffrey Hayes.
We update our cETH to USD currency in real-time. Get the live price of cETH on Coinbase.
The current market cap of cETH is $90.07M. A high market cap implies that the asset is highly valued by the market.
The all-time high of cETH is $40.34. This all-time high is highest price paid for cETH since it was launched.
Over the last 24 hours, the trading volume of cETH is $249.62.
Assets that have a similar market cap to cETH include Algebra, Alpha ZCHF Vault, MiniDoge, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of cETH is 2.2 million.
cETH Price History
Date | Price | Change |
|---|---|---|
Today (March 23, 2025) | $40.11 | +0.46% |
24 hours ago (March 22, 2025) | $39.93 | +0.50% |
1 week ago (March 16, 2025) | $38.81 | +3.41% |
1 month ago (February 23, 2025) | $55.92 | -28.23% |
1 year ago | $69.43 | -42.19% |
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
cETH Calculator
How much is 1 CETH?
Conversion Table
1 cETH (CETH) to Japanese Yen (JPY)
¥5,989.13
1 cETH (CETH) to Indian Rupee (INR)
₹3,449.25
1 cETH (CETH) to Real (BRL)
R$229.96
1 cETH (CETH) to Nigerian Naira (NGN)
NGN 61,586.92
1 cETH (CETH) to South Korean Won (KRW)
₩58,795.30
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Comparable market cap
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