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Alchemix ETH

Alchemix ETH alETH Price $ 3,404

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alETH Price

3,404
1.08%
(-$ 37.17)
Price Range
LowHigh
$ 3,338$ 3,463

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

alETH is an Ethereum-backed synthetic asset in the Alchemix ecosystem.

Alchemix ETH (alETH) Chart

Alchemix ETH price Index provides the latest alETH price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

alETH to USD Converter

Alchemix ETH (alETH)alETH

alETH Price Statistics

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Market Cap

N/A

Fully diluted value

FDV

$ 154.43M

24 Trade Vol.

$ 70.92K

Total Supply

alETH 45,362

Listing Date

11 Jan 2024

All Time High

$ 3,681

14 Mar 2024


All Time Low

$ 2,041

23 Jan 2024


From ATH

7.51%

From ATL

66.8%

What is Alchemix ETH (alETH)?

alETH is an Ethereum-backed synthetic asset in the Alchemix ecosystem. It is created by depositing ETH as collateral in the Alchemix protocol, which then allows users to borrow up to 50% of their collateral value in alETH. This process is self-repaying, as the collateral deposited earns yield over time, gradually repaying the borrowed alETH. alETH provides users with liquidity while still maintaining exposure to their ETH investment.

Alchemix ETH Price Today

Alchemix ETH's current price is $ 3,404, it has dropped -1.08% over the past 24 hours.

Alchemix ETH's All Time High (ATH) of $ 3,681 was reached on 14 Mar 2024, and is currently -7.51% down.

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