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Leveraged stETH(XSTETH) Price Live Chart
Leveraged stETH(XSTETH) Price Today
Leveraged stETH(XSTETH) price today is $0.6188, with a 24-hour trading volume of -- and as such Leveraged stETH(XSTETH) has a market cap of --, giving it a market dominance of 0.0000035%. The Leveraged stETH(XSTETH) price moved -4.58% in the last 24 hours.
XSTETH Price Data
- All-Time High(ATH)$1.28
- 24H High$0.666
- All-Time Low(ATL)$0.3117
- 24H Low$0.6169
XSTETH Market Cap Infos
- Fully Diluted Valuation$128.84K
- Market SentimentNeutral
XSTETH Supply
- Total Supply208.18K XSTETH
- Max Supply∞
About Leveraged stETH (XSTETH)
Contract

0x5a097b0...37679eff5
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.