+

Total Market Cap: $3.200T

24h Volume: $47.480B

BTC Dominance: 67.14%

Global Market Sentiment: 78

Average Market Correlation: 0.31

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
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Beta

Lido Staked Ether

STETH
Rank #9
$2,640.45

-3.93%

Low:
$2,529.05
High:
$2,724.98
(24h)
Volume 24h
$18,534,209
+20.13%
Circulating Supply
9,005,075 STETH
Total Supply
ISSUE TO SOLVE
Max Supply
N.A
Market Cap
$22,774,250,906
Fully Diluted Market Cap
N.A
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
72.85%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.88
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
1.570
Market Dominance
0.71%
ATL/ATH
$830.92/$4,588.59
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
73
Information for Lido Staked Ether
Last News related to Lido Staked Ether
No recent news related to Lido Staked Ether
What is Lido Staked Ether ?

Overview

Polkadot (DOT) is a next-generation blockchain protocol designed to enable multiple blockchains to interoperate and share information securely. Created by Dr. Gavin Wood, one of the co-founders of Ethereum, Polkadot aims to solve issues of scalability, interoperability, and governance in the blockchain space. Its unique architecture allows for the creation of parachains, individual blockchains that run in parallel and connect to the main relay chain, enhancing the overall scalability and functionality of the network.

Utility

The native token of Polkadot, DOT, serves three main purposes: governance over the network, staking for operations and security, and bonding tokens to connect new parachains. These functionalities are integral to maintaining the network's operations and facilitating its scalability and interoperability. DOT holders have a say in the future development and direction of the Polkadot network, ensuring a decentralized and community-driven governance model.

Security

Polkadot uses a Nominated Proof of Stake (NPoS) consensus mechanism, which involves validators and nominators working together to secure the network. Validators validate transactions and produce blocks, while nominators back reliable validators with their stake. This consensus mechanism ensures robust security, decentralization, and efficiency. The design of NPoS minimizes the risk of centralization and promotes a healthy distribution of power among network participants.

Supply data provided by CoinGecko API
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