iETH
IETH

495.53
16.05 %
Change 24h
Market Cap
€ 15,124,154
Volume 24h
€ 8,986,735
Circulating Supply
30,521
Total Supply
206
IETH
Description
Inverse Ethereum by Synthetix. Inversely tracks the price of Ether through price feeds supplied by an oracle. Its value freezes when it reaches its upper limit of $390 (i.e. when Ether’s value reaches $130) or its lower limit of $130 (i.e. when Ether’s value reaches $390). If it reaches either of its limits and gets frozen, it will no longer be able to be purchased on Synthetix.Exchange, but can still be traded for other Synths at its frozen value. At some point after it has reached either of its limits, it will be substituted for another iETH with different limits.
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