11/21/2024
BTC97,616.0
ETH3,141.82
USDT1.001
SOL241.72
BNB609.5
XRP1.11
DOGE0.38452
USDC1.001
BUSD0.99442

Stader ETHx (ETHX) Price

ETHX
4,8
$3,285.83
Market cap
392,336,675.0
Total volume
1,542,065
Circulating supply
119,214
Total supply
119,214
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