coinLPETH #2912

Loop ETH

3,692.98USD-2.35%-2.35%As of: Aug 01, 03:10 UTC

Key Statistics

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Loop ETH Converter

LPETH
=
USD

About Loop ETH

Loop is a dedicated lending market for Ethereum carry trades. Users can supply a long tail of Liquid Restaking derivatives (e.g., Pendle LP tokens) as collateral to borrow ETH for increased yield and points exposure. The interest charged to borrowers is distributed among ETH-lenders or lpETH stakers and dLP-lockers, thus rewarding high protocol-alignment that allows Loop to scale. - Lenders receive back a receipt token, lpETH, that can be used throughout DeFi or be staked to earn passive yield in ETH. - Loopers can borrow ETH against yielding LRT derivatives to perform carry trades for ETH-based yields. - dLP Lockers can lock the protocol’s governance token, LOOP, into a Dynamic Liquidity (dLP) position to earn protocol revenue.
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Price Performance

1D
-2.35%
7D
3.84%
30D
53.74%
YTD
N/A
N/A
1Y
N/A
N/A
Key Statistics
24H Range
Low$3,653.41High$3,703.23
24h Volume
74.81
Market Cap
2.4M
Circulating Supply
650.7792578900754
Total Supply
650.7792578900754
Rank
2912
Market Cap Dominance
0.00%
Max Supply
N/A
Fully diluted market cap
20.745642
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.00
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