sETH
SETH
sETH (SETH) Metrics
sETH Price Chart Live
Price Chart
About sETH
sETH, representing synthetic Ether, is a cryptocurrency within the Synthetix ecosystem. Synthetix is a decentralized finance DeFi protocol built on Ethereum that enables the creation of synthetic assets, known as Synths. These Synths track the value of real-world assets, such as fiat currencies, commodities, stocks, and other cryptocurrencies. sETH specifically tracks the price of Ether ETH, providing users with exposure to ETH price movements without directly holding ETH. This synthetic asset is collateralized by SNX, the native token of the Synthetix network. Users stake SNX to mint Synths, effectively providing the collateral needed to back the value of sETH and other synthetic assets within the platform. The Synthetix protocol utilizes a system of oracles to provide accurate price feeds for the various Synths, ensuring that they accurately reflect the value of their underlying assets. Holders of sETH can utilize it within the Synthetix ecosystem for various purposes, including trading on the Synthetix exchange, providing liquidity, and participating in other DeFi activities. The protocol aims to offer a diverse range of synthetic assets, expanding access to different investment opportunities and creating a more efficient and accessible financial system. The value of sETH is directly tied to the value of Ether, making it a convenient option for users seeking to gain exposure to ETH without the need to manage ETH directly. Synthetix aims to enhance the capabilities of decentralized finance by providing a platform for the creation and trading of synthetic assets.
sETH [SETH] is a token based on Ethereum blockchain. The most actual price for one sETH [SETH] is $40.87. sETH is listed on 2 exchanges with a sum of 2 active markets. The 24h volume of [SETH] is $507.53, while the sETH market cap is $0 which ranks it as #7817 of all cryptocurrencies. You can find more information about sETH [SETH] on synthetix.io
SETH Markets
| # | Exchange | Pair | Volume (24h) | Price | Volume (%) | Category | Fee Type | Updated |
|---|---|---|---|---|---|---|---|---|
| 1 |  C | $388.38 | $40.89 | 76.520000% | Spot | Percentage | 2 minutes ago | |
| 2 |  C | $119.15 | $40.78 | 23.480000% | Spot | Percentage | 2 minutes ago |
Trends Market Overview
#105
9.14%
#96
-20.77%
#8781
-40.42%
#9299
no data
News All News
sETH Basics
| Hardware wallet | Yes |
|---|
| Website | synthetix.io |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (1) | etherscan.io |
|---|
| Tags |
|
|---|
