CryptoCurrencies
16725
Exchanges
500
Total Market Cap
3,702,448,577,607
Volume 24h
484,492,896,317
Dominance
BTC 54.76%   ETH 10.61%   XRP 4.78%   USDT 3.73%

StakeEase Restaked ETH
SXETH

3318.1
$
0.00 %
Change 24h
Market Cap
$ 2,065,200
Volume 24h
$ 2174.8
Circulating Supply
150
Total Supply
10
SXETH
$
# Exchange Pair Price Volume 24h

Description

Omnichain Restaking Index. In its unified vault, StakeEase consolidates multiple LRTs and mints sxETH as a representation asset. The underlying LRTs are then put into DeFi strategies to optimise the base yield. This vault simplifies the restaking experience for the user, gives them access to diversified rewards, offers downside protection, opens up new yield generating avenues, and reduces the LRT fragmentation in L2s. With an insurance pool to underwrite losses in peg, sxETH aims to curb losses in case of any individual LRT experiencing a depegging events.