Details about dForce ETH cryptocurrency
dForce ETH
xeth
Unknown for now
€26
176
0
Unknown
dForce ETH price charts
xeth exchanges
dForce ETH, the crypto
dForce ETH (XETH) is a cryptocurrency that is designed to be pegged to the value of Ethereum (ETH). It is issued by dForce, a decentralized finance (DeFi) platform that aims to provide interoperable financial infrastructure for the blockchain ecosystem.
The point
The main point of dForce ETH (XETH) is to provide a stablecoin that is pegged to the value of Ethereum (ETH). This allows users to transact and store value without being exposed to the volatility of the cryptocurrency market.
The problem
One of the main problems that dForce ETH (XETH) tries to solve is the volatility of the cryptocurrency market. By pegging the value of XETH to ETH, it provides a stablecoin that can be used for transactions and store of value without being affected by price fluctuations. Additionally, dForce ETH (XETH) aims to provide a seamless and interoperable financial infrastructure for the blockchain ecosystem, enabling users to easily access and transact with different DeFi protocols and applications.
Compare XETH and BTC performance
| Timeframe | XETH | BTC |
|---|---|---|
| 1h change | 0 % | 0.219251 % |
| 24h change | 0 % | -2.91162 % |
| 7 day change | 0 % | 8.66601 % |
| 14 day change | 0 % | -6.88118 % |
| 30 day change | 0 % | -12.9051 % |
| 200 day change | 0 % | 107.057 % |
| Year change | 0 % | 129.426 % |