What is Leveraged ETH (xETH), and why would I need it?

The xETH token, also called leveraged ETH, is a decentralized, composable leveraged long ETH futures contract with a low risk of liquidations and 0 funding fee (and in extreme cases, xETH minters can earn fees).

It’s a token to amplify your gains on a long-term bet on ETH price growth.

Its current NAV is showing on the dashboard.