alETH is an Ethereum-backed synthetic asset in the Alchemix ecosystem. It is created by depositing ETH as collateral in the Alchemix protocol, which then allows users to borrow up to 50% of their collateral value in alETH. This process is self-repaying, as the collateral deposited earns yield over time, gradually repaying the borrowed alETH. alETH provides users with liquidity while still maintaining exposure to their ETH investment.
Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
---|---|---|---|---|---|---|---|
![]() Curve (Ethereum) | alETH/frxETH | frxETH 0.89910724 $3,072.108 | N/A | frxETH 0.00000000 | frxETH 0.00000000 | 0% | $7.89K alETH 2.57 |
![]() Curve (Ethereum) | alETH/WETH | WETH 0.89342738 $3,037.792 | N/A | WETH 0.00000000 | WETH 0.00000000 | 0% | $72.25K alETH 23.78 |
![]() Velodrome Finance v2 | alETH/WETH | WETH 0.94890000 $1,812.349 | -0.81% -$0.00774886 | WETH 0.00000000 | WETH 0.00000000 | % | $29.47K alETH 16.26 |