Loop ETH Price (lpeth/CAD)
Loop ETH
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Loop ETH market data
Trading Volume
24h
Circulating Supply
323.882308749035
100%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
323.882308749035
BID
N/A
ASK
N/A
What Is Loop ETH (LPETH)?
Loop is a dedicated lending market for Ethereum carry trades. Users can supply a long tail of Liquid Restaking derivatives (e.g., Pendle LP tokens) as collateral to borrow ETH for increased yield and points exposure.
The interest charged to borrowers is distributed among ETH-lenders or lpETH stakers and dLP-lockers, thus rewarding high protocol-alignment that allows Loop to scale.
- Lenders receive back a receipt token, lpETH, that can be used throughout DeFi or be staked to earn passive yield in ETH.
- Loopers can borrow ETH against yielding LRT derivatives to perform carry trades for ETH-based yields.
- dLP Lockers can lock the protocol’s governance token, LOOP, into a Dynamic Liquidity (dLP) position to earn protocol revenue.
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