Details about sETH cryptocurrency
€34,294,883 ( 0.22059%)
€142,246
11,462
11,462
35.994
Unknown
https://www.synthetix.io/
@synthetix_io
35511x
€106216000
sETH price charts
SETH exchanges
sETH, the crypto
sETH (SETH) is a decentralized cryptocurrency that is an Ethereum-based token. It is a synthetic asset that tracks the price of Ethereum (ETH) and is traded on the Ethereum network.
The point
The main point of sETH (SETH) is to provide a way for traders and investors to gain exposure to the price of Ethereum without holding actual ETH tokens. This allows traders to take advantage of the price movements of ETH without the need to worry about issues such as security, storage, or liquidity that come with holding the actual asset.
The problem
sETH (SETH) is intended to solve the problem of liquidity fragmentation while also providing a way for traders to gain exposure to the price of Ether without holding the actual asset. This can be especially helpful for traders who value liquidity but seek to reduce transaction costs.
Compare SETH and BTC performance
Timeframe | SETH | BTC |
---|---|---|
1h change | -0.381139 % | -0.579702 % |
24h change | -0.07 % | -1.11434 % |
7 day change | 3.79 % | 4.67647 % |
14 day change | -7.53 % | -2.83858 % |
30 day change | -3.73 % | 1.48606 % |
200 day change | 92.31 % | 133.998 % |
Year change | 78.02 % | 146.97 % |