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) |
---|---|---|---|---|---|---|---|
![]() Uniswap V2 | PEPMCITY/WETH | WETH 0.00000002 $0.00006259 | N/A | WETH 0.00000000 | WETH 0.00000000 | 0% | $17.38 PEPMCITY 277.64K |