Leveraged stETH

XSTETH Price

What is Leveraged stETH about?

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.

What makes Leveraged stETH unique?

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.

Where can you buy Leveraged stETH?

XSTETH tokens have stopped trading - ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of Leveraged stETH (XSTETH)?

The 24 hour trading volume of Leveraged stETH (XSTETH) is $0 which signals a drop in market activity. If you own XSTETH tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for Leveraged stETH (XSTETH)?

Leveraged stETH (XSTETH) reached an all-time high of $1.34 and an all-time low of $0.00007965. It’s now trading -98.20% below that peak and 31,071.60% above its lowest price.

What is the fully diluted valuation of Leveraged stETH (XSTETH)?

The fully diluted valuation (FDV) of Leveraged stETH (XSTETH) is $9,500.73. This is a statistical representation of the maximum market cap, assuming total number of 380 Thousand ETH tokens are in circulation today.

How does the price performance of Leveraged stETH compare against its peers?

With a price decline of -5.20% in the last 7 days, Leveraged stETH (XSTETH) is underperforming the global cryptocurrency market which is down -4.40%, while underperforming when compared to similar Derivatives cryptocurrencies which are up 5.40%.

How to add Leveraged stETH (XSTETH) to MetaMask?

Adding Leveraged stETH (XSTETH) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import XSTETH as a token. You can copy XSTETH’s contract address (0x5a097b014c547718e79030a077a91ae37679eff5) and import it manually, or if you've installed MetaMask's chrome extension, add XSTETH to MetaMask with one click on CoinGecko.

Add XSTETH to MetaMask.