Exactly Wrapped Ether

EXAWETH Price

What is Exactly Wrapped Ether about?

Exactly is a decentralized and open-source DeFi protocol that allows users to exchange the value of their crypto assets through deposits easily and borrows with variable and fixed interest rates.

What makes Exactly Wrapped Ether unique?

Unlike other fixed rate protocols that determine fixed rates based on the price of various maturity tokens, Exactly Protocol is the first to determine fixed rates based on the utilization rate of pools with different maturity dates. This means the protocol does not need a custom AMM to trade maturity tokens; it only needs a variable rate pool that consistently provides liquidity to the different fixed rate pools.

What's the history of Exactly Wrapped Ether?

Exactly Protocol was started in July 2021, launched to Ethereum Mainnet in November 2022, and to Optimism in March 2023 by a team of stakeholders with software, economics, finance, and math expertise. Exactly was funded by long-term capital partners with a track record of alignment with Web2 and Web3 ecosystems. Some of the current investors are Kazsek, BairesDAO, NXTP, Newtopia, Kain Warwick (Co-Founder of Synthetix), Esteban Ordano (Co-Founder of Decentraland), Matias Woloski (Co-Founder of Auth0), and Daedalus, among others.

What's next for Exactly Wrapped Ether?

Continue growing following Optimism’s Superchain approach and partner with web3 projects and web2 fintech in the long term to bring the benefits of DeFi to the end-user.

What can Exactly Wrapped Ether be used for?

exaWETH is an exa-voucher. Users can supply their assets and increase the liquidity of the Variable Rate Pool, which will, in turn, provide liquidity to all the different Fixed Rate Pools as needed. Each deposit will mint an "Exactly Voucher" (exaVoucher) that uses the ERC-4626 standard, which will be provided to the user as a voucher for the deposited amount. These exaVouchers will periodically accrue variable earnings by increasing their value when withdrawing and exchanging back for the underlying assets.

Where can you buy Exactly Wrapped Ether?

EXAWETH tokens have stopped trading - ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of Exactly Wrapped Ether (EXAWETH)?

The 24 hour trading volume of Exactly Wrapped Ether (EXAWETH) is $0 which signals a drop in market activity. If you own EXAWETH tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for Exactly Wrapped Ether (EXAWETH)?

Exactly Wrapped Ether (EXAWETH) reached an all-time high of $4,948.30 and an all-time low of $1,405.18. It’s now trading -45.40% below that peak and 92.20% above its lowest price.

What is the market cap of Exactly Wrapped Ether (EXAWETH)?

Market capitalization of Exactly Wrapped Ether (EXAWETH) is $708,927 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of EXAWETH tokens (260 tokens are tradable on the market today).

What is the fully diluted valuation of Exactly Wrapped Ether (EXAWETH)?

The fully diluted valuation (FDV) of Exactly Wrapped Ether (EXAWETH) is $708,927. This is a statistical representation of the maximum market cap, assuming the maximum number of 260 EXAWETH tokens are in circulation today. Depending on how the emission schedule of EXAWETH tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Exactly Wrapped Ether compare against its peers?

With a price increase of 1.90% in the last 7 days, Exactly Wrapped Ether (EXAWETH) is outperforming the global cryptocurrency market which is up 0.20%, while outperforming when compared to similar Crypto-Backed Tokens cryptocurrencies which are down -0.30%.