$0.026677 USD (-1.13% 24h)
As of 2026-09-15 12:45 UTC. Source: The Crypto App market data. USD snapshot, not a live tick.
xstETH token, also called leveraged stETH, is a decentralized, composable leveraged long stETH futures contract with a low risk of liquidations and a 0 funding fee. To create a stable-leverage pair, f(x) holds a reserve of some base token. To start, let’s consider stETH. Minted against that stETH reserve are two types of derivative tokens; one stable, and one volatile(xstETH). At all times, the total market cap of…