12/21/2024
BTC96,913.0
ETH3,911.51
USDT0.9999
XRP2.43
SOL225.51
BNB659.88
DOGE0.31367
USDC1.001
BUSD0.994955

Stader ETHx (ETHX) Price

ETHX
4,8
$4,104.15
Market cap
507,183,974.0
Total volume
453,017
Circulating supply
124,064
Total supply
124,065
Exploring the Initiative:
Stader's liquid staking solution introduces ETHx, a novel Ethereum-based decentralized financial instrument. It empowers users to easily become node operators with a minimal requirement of 4 ETH. For deeper insights into this offering, visit https://www.staderlabs.com/docs/eth/Stader%20ETH%20Litepaper.pdf

Distinguishing Features:
Setting itself apart, Stader operates as a versatile liquid staking platform, effectively managing assets approximating $100 million across various blockchains such as MATIC, BNB, FTM, HBAR, among others.

Evolutionary Timeline:
Originating from its roots in the Terra 1.0 ecosystem, where it achieved a remarkable Total Value Locked (TVL) of $1 billion, Stader has since ventured beyond, embracing multiple chains. The global team behind Stader governs its operations following the principles of a Decentralized Autonomous Organization (DAO).

Future Directions:


Utility of the Token:
ETHx emerges as a versatile tool within the DeFi space, finding utility in a breadth of protocols including Balancer, AAVE, Curve, CIAN, and beyond.
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Converters ETHX