pETH PETH
PETH
2830.6
€
2.57 %
Change 24h
Market Cap
€ 0
Volume 24h
€ 12,842
PETH
€
# | Exchange | Pair | Price | Volume 24h |
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Description
pETH is an Ethereum derivative supported by the JPEG'd protocol. It is minted when a user borrows against their NFT and burned when they decide to repay their loan. Unlike the 2% interest rate for borrowing PUSd, minting $pETH against an NFT has a 5% interest rate.