Based ETH
bsdETH
About bsdETH
Based ETH (bsdETH) is an ERC-20 token on the Base blockchain. Launched about 1 year ago.
Based ETH is an RToken on the Base L2 whose mandate is to maintain an Ethereum-aligned Liquid Staking Token basket (with a preference for new LST providers) and to provide value to bsdETH holders through yield and diversification. About Reserve Protocol: Reserve is a free, permissionless platform to build, deploy and govern asset-backed currencies referred to as “RTokens.” RTokens are always 1:1 asset-backed, allowing for permissionless minting and redeeming onchain by users without the need for any middlemen. Overcollateralization is provided by RSR governance token stakers. Each RToken can have an entirely different governance system and is governed separately by ecosystem stakers. The Reserve protocol launched on Ethereum mainnet in October 2022, on Base L2 in October 2023, and completed its seventh audit in November 2023.
Token Statistics
| Contract address | 0xcb327b99ff831bf8223cced12b1338ff3aa322ff |
|---|---|
| Name | Based ETH |
| Symbol | bsdETH |
| Launch date | Feb 21, 2024 |
| Price | 1,861.48 |
| Market capitalization | $ 9M |
| Trading volume (last hour) | $ 87K |
| Transactions (last hour) | 9 |
| Trading volume (day) | $ 2M |
| Transactions (last day) | 4531 |
Liquidity Pools
| Pool address | Other token | Trading volume (day) |
|---|---|---|
0x2ae9...4c82  |  Wrapped Ether (WETH) | $ 171M |
| 0xafbb...00cc | Wrapped Ether (WETH) | $ 10M |
| 0x95f0...9a99 |  Reserve Rights (RSR) | $ 1,737K |
| 0x6b87...0d34 | Wrapped Ether (WETH) | $ 1,533K |
| 0xe2cb...ecc4 | Reserve Rights (RSR) | $ 832K |
| 0x17f4...5570 | Wrapped Ether (WETH) | $ 597K |
| 0xe593...9135 |  Electronic Dollar (eUSD) | $ 46K |
| 0x45ac...ba72 |  High Yield USD (hyUSD) | $ 37K |
| 0x6150...85a1 | High Yield USD (hyUSD) | $ 5K |
| 0xe45e...b4a7 | Wrapped Ether (WETH) | $ 3,735 |
| 0x4954...42dc |  Degen (DEGEN) | $ 1,843 |
| 0xcedc...629e |  Revenue Generating USD (rgUSD) | $ 578 |
| 0x95f4...1bb0 |  Web 3 Dollar (USD3) | $ 44 |
| 0xddec...6f0e |  USD Coin (USDC) | $ 18 |
| 0xbe30...b5e1 | Wrapped Ether (WETH) | $ 0 |