Wrapped Ether (Sollet Solana)

soETH

Sollet ETH is a Solana-compatible version of ETH, backed by ETH reserves held in the Sollet protocol

Risk Rating
Watch Out
$983.09
-3.66%
What is Wrapped Ether (Sollet Solana)?

Ready to earn 15% yield or more with Exponential?

Invest
Information
Blockchain
  • Solana
Info
Key Metrics
  • Fully Diluted Valluation: $475.3M
  • Total Supply: 483,499
  • Volume (24H): $48.3K
  • ATH: $3,424.49 (04/08/2022)
  • ATL: $102.93 (06/10/2023)
Risk Assessment
Watch Out
Asset Strength

soETH is a large-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Sollet, a protocol rated as Watch out.

Dependencies

Sollet

Asset Tokenomics

soETH has an uncapped supply but has inflation control or burn mechanisms in place. soETH on Solana is backed 1:1 by ETH locked in the Sollet bridge protocol on the Ethereum chain.

Asset Volatility

soETH is highly correlated to the overall market.

Things to know about soETH

Ready to
earn 15%+
yield?

Invest

Get more from your crypto –
earn 15% yield or more

Invest