sETH Price (SETH)

Unlisted

What is sETH?

sETH, or synthetic Ether is a synthetic asset launched by Synthetix Exchange. With its underlying asset being Ether (ETH), sETH mirrors and tracks the price of Ether (ETH) provided by an oracle - Chainlink.

What are synthetic assets?

Synthetic assets or Synths are derivatives that provide exposure to real-world assets on the Ethereum blockchain. Similar to derivatives in traditional financial markets, Synths allow users to hedge and reduce their risk, speculate on price movements and gain access to unavailable assets or markets. This is all accomplished without an individual ever holding the underlying asset. How can I obtain sETH? To obtain sETH, users have to first obtain Synthetic Network Tokens (SNX), which is Synthetix’s native token. Users can buy SNX from exchanges such as Binance and Uniswap. With SNX, users can then stake SNX as collateral on Mintr to mint sUSD, a synthetic US dollar stablecoin. The amount of sUSD minted will depend on two factors; the amount of SNX staked and the collateralization ratio (C-Ratio) of the platform. Currently, the C-Ratio is 500%. This means that if the value of SNX or Synths fluctuate, the user’s C-Ratio will fluctuate as well. The minted sUSD can then be exchanged for sETH or other Synths on Synthetic Exchange. Alternatively, users can also buy sUSD directly on Synthetix Exchange with ETH. The purchased sUSD minted can then be exchanged for sETH and other Synths on Synthetic Exchange.

What other synthetic assets are there?

The Synths tab within Synthetix Exchange displays all its supported synthetic assets available to trade. To learn more about the inner workings of the different Synth types in detail, simply head to Synthetic’s litepaper. In general, there are 5 types of synthetic assets: Foreign Exchange (Forex): Synths that track the price of forex currencies Examples: sUSD, sEUR, sAUD etc.

Commodity: Synths that track the price of commodities

Examples: sOIL, sXAU, sXAG

Crypto: Synths that track the price of cryptocurrencies

Examples: sBTC, sETH, sXRP etc.

Index: Synths that track an index - a basket of stocks or cryptocurrencies

Examples: sDEFI, sCEX, sNIKKEI etc.

Inverse (iSynths): Synths that inversely track the price of assets, such as cryptocurrencies or commodities

Examples: iBTC, iETH, iOIL etc.

What is the live price of sETH?

sETH is trading at ₱179245.6735398852873000, showing a price movement of -7.17% over the last 24 hours. This real-time figure reflects combined input from multiple spot markets.

How volatile is SETH today?

The price volatility of SETH within the past 24 hours is --%. Higher volatility suggests rapid price changes, while lower volatility indicates stability.

What is the 24-hour trading range for sETH?

The token fluctuated between ₱177730.154231967183000 (low) and ₱196070.8262454109392000 (high). Traders often use this to evaluate daily momentum and market strength.

How much trading volume has SETH generated?

In the last 24 hours, SETH accumulated ₱-- in trading activity, showing how actively the market is engaging with this asset.

How does the current price compare to its ATH and ATL?

The all-time high is ₱287444.6743355288955000, and the all-time low is ₱0.7394720339633884908000. Comparing current price to these levels helps traders understand long-term cycles.

How strong is market liquidity for sETH?

Liquidity strength is rated at --/100, indicating order book depth and ease of execution during active trading sessions.

How does SETH compare to other Crypto-Backed Tokens,Decentralized Finance (DeFi),Synthetic Asset,Derivatives,Ethereum Ecosystem,Optimism Ecosystem,Synthetic tokens?

Within the Crypto-Backed Tokens,Decentralized Finance (DeFi),Synthetic Asset,Derivatives,Ethereum Ecosystem,Optimism Ecosystem,Synthetic category, SETH shows competitive performance, supported by ₱-- in liquidity and ongoing interest from traders.