Flare Staked Ether

FLRETH Price

What is Flare Staked Ether about?

Flare Staked Ether (flrETH) is a Flare-native ETH Liquid Staking Token (LST) designed to provide Flare users and builders with the highest ETH staking yields available in DeFi. By minting flrETH, users can access the same yields as apxETH holders on Ethereum mainnet without leaving the Flare network. flrETH functions as an "index token" that appreciates in value against ETH over time. When users withdraw their ETH, the accumulated yield is automatically included, eliminating the need to track rebases or wrap tokens. This allows users to seamlessly utilize flrETH in DeFi applications on Flare as they normally would.

What makes Flare Staked Ether unique?

Flare Staked Ether has been live since October 31st, 2024, and has surpassed over $3M in Total Value Locked (TVL), making it one of the largest assets on the Flare network. Its unique design allows users to access high ETH staking yields directly on Flare, simplifying the staking process and enhancing DeFi accessibility.

Where can you buy Flare Staked Ether?

FLRETH tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Flare Staked Ether is SparkDEX V3.1, where the most active trading pair SFLR/FLRETH has a trading volume of $1,555.33 in the last 24 hours.

What is the daily trading volume of Flare Staked Ether (FLRETH)?

The trading volume of Flare Staked Ether (FLRETH) is $5,864.75 in the last 24 hours, representing a 19.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Flare Staked Ether (FLRETH)?

Flare Staked Ether (FLRETH) reached an all-time high of $5,115.59 and an all-time low of $1,433.82. It’s now trading -44.10% below that peak and 99.30% above its lowest price.

What is the market cap of Flare Staked Ether (FLRETH)?

Market capitalization of Flare Staked Ether (FLRETH) is $2,687,665 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FLRETH tokens (940 tokens are tradable on the market today).

What is the fully diluted valuation of Flare Staked Ether (FLRETH)?

The fully diluted valuation (FDV) of Flare Staked Ether (FLRETH) is $2,687,665. This is a statistical representation of the maximum market cap, assuming total number of 940 ETH tokens are in circulation today.

How does the price performance of Flare Staked Ether compare against its peers?

With a price increase of 7.50% in the last 7 days, Flare Staked Ether (FLRETH) is underperforming the global cryptocurrency market which is up 9.40%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 8.30%.