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TürkçeWrapped stETH VS sUSDS
VS
Wrapped stETH
Wrapped stETH is a tokenized version of staked Ether, allowing holders to unlock liquidity while still earning rewards from Ethereum's proof-of-stake consensus. It provides a flexible tool for integrating staked Ether into various decentralized finance applications, enhancing utility and accessibility. By bridging the gap between staking and liquidity, Wrapped stETH opens new opportunities for innovation within the Ethereum ecosystem.
more informationsUSDS
sUSDS is a stablecoin designed to maintain a consistent value through its backing by a reserve of assets. Its primary aim is to provide users with a reliable medium for transactions and hedging against volatility seen in other cryptocurrencies. With its growing adoption, sUSDS is becoming an increasingly attractive option for investors looking for stability in the crypto market.
more information
Wrapped stETH
sUSDS
General Information |
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Title
Wrapped stETH
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Title
sUSDS
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Symbol
wsteth
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Symbol
susds
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Whitepaper
-
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Whitepaper
-
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Website
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Website
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Community
-
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Community
-
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Last Updated
2025-01-21 23:53
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
3949.08
$
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Current Price $
1.029
$
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High 24h
3991.75
$
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High 24h
1.04
$
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Low 24h
3795.14
$
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Low 24h
1.018
$
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Price Change 24h
63.52
$
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Price Change 24h
0.00588203
$
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Price Change % 24h
1.63475
%
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Price Change % 24h
0.57515
%
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Market Data |
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Market Cap
13702614582
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Market Cap
1277478479
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Total Volume
116935982
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Total Volume
835208
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Market Cap Change 24h
254532468
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Market Cap Change 24h
94914395
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Market Cap Change % 24h
1.8927
%
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Market Cap Change % 24h
8.02615
%
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Return on Investment (ROI)
-
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
3474400.4681576
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Circulating Supply
1240944905.2416
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Total Supply
3474400.4681576
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Total Supply
1240944905.2416
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Max Supply
-
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Max Supply
-
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Historical Data |
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All Time High (ATH)
7256.02
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All Time High (ATH)
1.062
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ATH Change %
-45.5427
%
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ATH Change %
-3.06063
%
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ATH Date
2022-05-13 15:09
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ATH Date
2025-01-20 06:56
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All Time Low (ATL)
558.54
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All Time Low (ATL)
0.961716
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ATL Change %
607.4573
%
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ATL Change %
7.01877
%
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ATL Date
2022-05-13 01:36
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ATL Date
2025-01-04 01:21
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Wrapped stETH
Introduction to Wrapped stETH
Wrapped stETH (wstETH) is a fascinating development in the world of decentralized finance (DeFi), built upon the Ethereum blockchain. Designed to be a tokenized version of stETH, it represents staked Ether on Lido Finance, offering enhanced utility and flexibility across various platforms.
The Mechanics Behind Wrapped stETH
Unlike its counterpart stETH, Wrapped stETH is an ERC-20 token that allows for seamless integration into the Ethereum ecosystem of decentralized applications. This tokenization aspect ensures that wstETH can be leveraged in DeFi platforms where stETH itself may not be directly compatible.
The Pros of Wrapped stETH
One significant advantage of wstETH is its usability. By wrapping stETH into an ERC-20 format, it opens up opportunities in decentralized exchanges, yield farming, and liquidity pools. Additionally, wstETH retains the value associated with staked Ethereum, offering users the ability to earn rewards while utilizing their assets in various DeFi applications.
Challenges and Considerations
Despite its utilities, Wrapped stETH isn't without challenges. Its value is directly tied to the performance and security of the Ethereum network, including the smart contracts of Lido Finance. Additionally, the volatility of the crypto market can impact wstETH's appeal as an investment.
Historical Performance
The price history of wstETH reflects the broader trends of the cryptocurrency market. Notably, it reached its all-time high of $7256.02 in May 2022. However, it has since experienced significant fluctuations, dropping around 58.46% from its ATH. Conversely, it has risen significantly from its all-time low of $558.54, showcasing its resilience and potential for growth.
Future Outlook
The future of Wrapped stETH is closely tied to the adoption of Ethereum 2.0 and the DeFi market's expansion. As the Ethereum network continues to evolve, with its transition towards a more scalable and energy-efficient model, products like wstETH could see increased demand. Furthermore, as more investors and developers recognize the benefits of DeFi, Wrapped stETH might become a staple token for leveraging staked Ether in various applications.
Conclusion
Wrapped stETH presents an exciting opportunity in the DeFi landscape, balancing the value of staked Ether with the utility of an ERC-20 token. Despite market volatility, its integration potential and the growth of the Ethereum network position it as a promising asset for the future.
sUSDS
Understanding sUSDS: A Stablecoin Insight
sUSDS, symbolized as SUSDS, is an emerging stablecoin that has garnered attention in the cryptocurrency market. At a current price of approximately $1.019, sUSDS is designed to maintain stability through its pegged value to the US dollar. This attribute is particularly attractive to investors looking for less volatility in their cryptocurrency holdings. This article examines the historical development, advantages and disadvantages of sUSDS, and its future prospects within the crypto landscape.
Historical Development of sUSDS
The journey of sUSDS has been noteworthy. As of its all-time high (ATH) on December 16, 2024, sUSDS reached a value of $1.029, showcasing its capability to maintain a price relatively close to its peg. Following the ATH, however, sUSDS experienced slight fluctuations with its all-time low (ATL) marking a price of $1.001 on December 17, 2024. These price movements reflect the typical behavior of stablecoins, which often hover around the $1 mark but can see minor variations due to market dynamics, liquidity, and trading volume.
Advantages of sUSDS
The primary advantage of sUSDS lies in its stability. In a market characterized by rapid price movements and significant volatility, having a coin that holds a relatively stable value provides a hedge for traders and investors. Additionally, sUSDS boasts a competitive market cap of $528,079,139, indicating a robust level of trust and adoption among users. The circulating supply of over 519 million coins also suggests a healthy liquidity profile, making it easier for traders to enter and exit positions without much slippage.
Disadvantages of sUSDS
Future Prospects of sUSDS
The future of sUSDS appears promising but is closely linked to the broader regulatory environment for cryptocurrencies and stablecoins. As governments worldwide continue to grapple with how to regulate digital currencies, stablecoins like sUSDS will need to adapt to ensure compliance while maintaining their value propositions. The increasing acceptance of stablecoins in DeFi applications, payment systems, and cross-border transactions could further elevate sUSDS's utility and demand in the market.
Moreover, as the crypto marketplace matures, innovations in blockchain technology could improve the mechanics behind sUSDS, potentially enhancing its stability and appeal. If sUSDS can navigate these challenges while capitalizing on emerging opportunities, it could solidify its place in the stablecoin ecosystem as a favored choice among investors seeking security in their transactions.
Conclusion
In summary, sUSDS presents a compelling option for those investing in the cryptocurrency space, primarily due to its price stability and significant market presence. However, potential investors must remain mindful of the inherent disadvantages, particularly relating to regulatory risks and its dependency on fiat currencies. Observing its evolution and market reception will be essential for understanding its future trajectory in the ever-evolving landscape of digital assets.