The current real-time price of CETH is $56.22. In the past 24 hours, CETH has traded between $55.49 and $60.84, showing strong market activity. The all-time high of CETH is $99.52, and the all-time low is $1.89.
From a short-term perspective, the price change of CETH over the past 1 hour is , over the past 24 hours is +0.51%, and over the past 7 days is -6.86%. These figures provide a quick overview of the latest price trends and market dynamics of CETH on LBank.-4.62%
The live price of CETH today is $56.22, with a current market cap of $75.156M. The 24-hour trading volume is 24.03. The price of CETH to USD is updated in real time.
Before deciding whether to buy or sell CETH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CETH technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CETH.
How much will CETH be worth tomorrow, next week, or next month in ? What about your CETH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CETH Price Prediction
To learn more about CETH, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x08cf...a6eb25  | 470.352K | 35.18% |
ethereum | 0x342b...d87e0d | 132.970K | 9.94% |
ethereum | 0x8a69...4e2a74 | 66,664 | 4.99% |
ethereum | 0xb131...bf661d | 65,304 | 4.88% |
ethereum | 0x73dc...baa3f1 | 55,878 | 4.18% |
Other | 545.891K | 40.83% |
cETH, short for "Compound Ether," is an ERC-20 token issued by the Compound Protocol, a prominent decentralized finance (DeFi) platform focused on lending and borrowing. When users deposit their Ether (ETH) into the Compound protocol to earn interest, they receive cETH tokens in return. These cETH tokens represent the user's stake in the ETH lending pool on the Compound platform.
cETH operates on the Ethereum network through smart contracts that automatically connect lenders and borrowers. When ETH is deposited, cETH tokens are minted and sent to the lender's wallet. The cETH tokens effectively represent the deposited ETH plus any accrued interest. The exchange rate between cETH and ETH continuously increases over time to reflect the interest being earned on the deposited ETH. When a user wishes to withdraw their funds, they can redeem their cETH, which is then converted back to the original ETH deposit along with the accumulated interest. The interest rate for cETH is dynamically determined by the supply and demand within the Compound protocol.
The main purpose of cETH is to allow users to earn passive income on their deposited ETH within the Compound lending protocol. It tokenizes ETH deposits, offering investors increased flexibility by combining the benefits of lending with asset holding.
No, cETH is distinct from ETH. While your initial investment is in Ether, it is represented and secured by cETH within the Compound protocol, and interest is also accrued in cETH. cETH is an ERC-20 token, whereas ETH is the native cryptocurrency of the Ethereum blockchain. Although not directly pegged by smart contract rules, the cETH/ETH exchange rate has historically remained very stable.
Yes, cETH tokens can be freely traded on various platforms, including decentralized exchanges. However, the original Ether deposited cannot be traded or transferred while it is locked in the Compound protocol earning interest. It's noted that active trading of cETH might not be its most advisable use case, as it primarily represents a lending stake in the protocol.
COMP is the overarching governance and incentive token for the entire Compound platform, granting holders the ability to vote on critical decisions affecting the protocol. In contrast, cETH's function is specific to the ETH lending pool, where it represents a user's investment and accrues interest.
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