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Leveraged eETH
XEETH

1.210
$
5.44 %
Change 24h
Market Cap
$ 0
Total Supply
2,134,911
XEETH
$

Description

The xeETH token, also called leveraged eETH, is a decentralized, composable leveraged long eETH futures contract with a low risk of liquidations and 0 funding fee (and in extreme cases, xETH minters can earn fees). It’s a token to amplify your gains on a long-term bet on ETH price growth. rUSD is a stablecoin that uses the same mechanism as fxUSD, but with its reserve comprised of only ETH Liquid Restaking Tokens (LRT), starting with Ether.fi’s eETH. Hence, xeETH was born.