xstETH token, also called leveraged stETH, is a decentralized, composable leveraged long stETH futures contract with a low risk of liquidations and a 0 funding fee.
To create a stable-leverage pair, f(x) holds a reserve of some base token. To start, let’s consider stETH. Minted against that stETH reserve are two types of derivative tokens; one stable, and one volatile(xstETH). At all times, the total market cap of the two derivative tokens is held equal to the value of the reserve, and any derivative token can be redeemed at any time for its share of the reserve base token.
The volatile token price rises at a multiple rate of stETH. Based on the performance of xETH, this multiple generally varies between 1.5x- 4x, though it can rise as high as 4.3X before the protocol responds to limit it.
What is the highest value Leveraged stETH (XSTETH) has ever reached?
Leveraged stETH (XSTETH) reached its peak price at 1.29 $ on 13 August 2025, approximately 5 days ago ago. Presently, the current price is -10.07% lower than this all-time high.
What is the historical minimum price for Leveraged stETH (XSTETH)?
The minimum price reached for Leveraged stETH (XSTETH) was 0.3117 $, documented on 09 April 2025, more than 4 months ago. In comparison, the current price is 272.12%, it above this historical low.
What is the fully diluted valuation of Leveraged stETH (XSTETH)?
The fully diluted valuation (FDV) of Leveraged stETH (XSTETH) stands at $ 106,387. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of XSTETH tokens. The realization of this FDV might take several years depending on the emission schedule of XSTETH tokens.
How to add Leveraged stETH (XSTETH) to MetaMask?
By integrating Leveraged stETH (XSTETH) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import XSTETH as a token. You can either manually import XSTETH by copying its contract address (0x5a097b014c547718e79030a077a91ae37679eff5) or use MetaMask's Chrome extension to add XSTETH with a single click through P.CASH.
How to add Leveraged stETH (XSTETH) to TrustWallet?
Incorporating Leveraged stETH (XSTETH) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include XSTETH, you can either manually import it using the contract address (0x5a097b014c547718e79030a077a91ae37679eff5) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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