Synth ETH

sETH

sETH is a synthetic derivative of ETH collateralized with SNX token at a 3:1 ratio.

Risk Rating
Best
$3,030.80
-7.25%
Summary
Information
Blockchain
  • Ethereum
Key Metrics
  • Market Cap: $36.8M
  • Fully Diluted Valluation: $36.8M
  • FDV / MC: 1
  • Ranking inside Exponential (excluding stables): #78
  • Circulating Supply: 12,098
  • Total Supply: 12,098
  • Total Supply: 12,098
  • Volume (24H): $4M
  • ATH: $4,876.35 (11/10/2021)
  • ATL: $0.01 (04/01/2020)
Risk Assessment
Best
Asset Strength

sETH is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Synthetix, a protocol rated as Watch out.

Asset Tokenomics

sETH has an uncapped supply but has inflation control or burn mechanisms in place. sETH is a synthetic derivative of Ether, and is overcollateralized with SNX tokens by at least a 3:1 ratio.

Asset Volatility

sETH is highly correlated to the overall market.

Dependencies

Synthetix

Things to know about sETH
sETH Pools
Curve ETH Market Making
1.8%
Yield
$5M
TVL
Risk
B
Protocol
Curve
Chain
Ethereum