Leveraged stETH Price (XSTETH)

Price of Leveraged stETH (XSTETH) Today

The live price of Leveraged stETH (XSTETH) today is 0.928646 USD. It has a current market cap of $ 0.00 USD. XSTETH to USD price is updated in real-time.
Key Leveraged stETH Market Performance:
- 24-hour trading volume is $ 0.00 USD
- Leveraged stETH price change within the day is -2.51%
- It has a circulating supply of 0.00 USD

Get real-time price updates of the XSTETH to USD price on MEXC. Stay informed with the latest data and market analysis. It is essential for making smart trading decisions in the fast-paced cryptocurrency market. MEXC is your go-to platform for accurate XSTETH price information.

Leveraged stETH (XSTETH) Price Performance in USD

During today, the price change of Leveraged stETH to USD was $ -0.0237720295431549.
In the past 30 days, the price change of Leveraged stETH to USD was $ -0.0352130490.
In the past 60 days, the price change of Leveraged stETH to USD was $ +0.7190912724.
In the past 90 days, the price change of Leveraged stETH to USD was $ +0.3370334274295431.

Leveraged stETH (XSTETH) Price Analysis

Discover the latest price analysis of Leveraged stETH: 24h Low & High, ATH and daily changes:

Leveraged stETH (XSTETH) Market Information

Dive into the market statistics: market cap, 24h volume, and supply:

What is Leveraged stETH (XSTETH)

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.

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Disclaimer

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