Vector ETH vETH Price $ 2,178

Vector ETH (vETH) sits at the heart of the Vector Reserve ecosystem, and relies on the unique Liquidity Position Derivative (LPD). It is a tokenized asset or index of ETH denominated Liquidity Positions (LP) against Liquid Staked Tokens (LST) and Liquid Restaked Tokens (LRT), that encapsulates both ETH and additional yield-generating opportunities. vETH is a critical component in Vector Reserve’s strategy to provide a sustainable, risk managed, and high-yielding asset for DeFi market participants. Vector ETH is an ERC20 token created in exchange for deposits of ETH or ETH-denominated derivatives into LPs. The design of vETH allows it to serve dual functions: providing liquidity in the form of LSTs and contributing to the liquidity of the VEC token.