About Beacon ETH
BETH is a tokenized asset representing Binance user's staked ETH at a 1:1 ratio, with Binance distributing staking benefits in the form of BETH on a daily basis. During the lock-up period, which may take 2 years or even longer, users will not be able to redeem their ETH. As such, Binance have launched the BETH/ETH trading pair as our solution to this liquidity problem. When ETH 2.0 goes live, users will be able to swap their ETH back based on their BETH holdings.
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Trading Insights
Searched
5
Market Stats
Market Cap
$250.80M
FDV
$250.80M
Circ. Supply
101K BETH
Max Supply
Not enough data
Total Supply
101K BETH
Diluted Valuation
$11.85M
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
$5.19M
15.37%
Volume (7D)
$32.60M
Volume (30D)
$182.54M
All time high
$4.38K
Price Change (1Y)
-32.77%
Additional info about Beacon ETH
Recent trends
The latest BETH price is $2,578.11. Compared to Beacon ETH's value of $2,586.69 from 24 hours ago, there's been a -0% decrease, while the current price is -3% down from $2,653.23 which was recorded one week ago. Beacon ETH's all time high is $4,384.98, which was reached on November 12, 2021. This is a -41% change from its price today.
The market cap is currently $250.80M, which is a result of multiplying the current price of Beacon ETH($2,578.11) by the total supply(100,973 BETH). The fully diluted valuation of Beacon ETH is $250.80M. The diluted valuation of Beacon ETH is $250.80M.
Market details
BETH vs markets
↘ 49.03%
BETH vs BTC
↘ 55.76%
BETH vs ETH
↗ 1.75%
Tags
defi
eth-staking
rehypothecated-crypto
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x250632378E573c6Be1AC2f97Fcdf00515d0Aa91B |
Price history
Time | Price | Change |
|---|---|---|
Today | $2,578.11 | ↘ 0.55% |
1 Day | $2,586.69 | ↘ 0.40% |
1 Week | $2,653.23 | ↘ 2.89% |
1 Month | $1,878.14 | ↗ 37.18% |
1 Year | $3,832.25 | ↘ 32.77% |
FAQ
Beacon Chain is the network that introduces staking/locking of digital currency with the help of network nodes to the Ethereum blockchain. In fact, Beacon Chain is the core of the Ethereum 2.0 chain. As the whitepaper suggests, Ethereum 2.0 is in three phases. Beacon Chain is phase zero, which is a validator address.
The Beacon chain manages a consensus algorithm, i.e., proof-of-stake (POS) protocol, for itself and all the shard chains. Shards are the independent smaller portions of the split blockchain network. Shard chains are subset nodes that validate and process transactions with virtual miners and validators assigned to the shards. Thus, the Beacon Chain aims to conduct and coordinate the expanded network of shards and stakers.
The Beacon Chain is a foundational component for the secure, sustainable, and scalable Ethereum network. The ecosystem intends to introduce staking and become a validator, and then a miner, to secure the chain through PoS mechanisms. Moreover, the ecosystems seek to set up shard chains on PoS to increase the network's capacity and improve transaction speed.
The primary responsibilities that Beacon Chain aims to attain are:
Beacon ETH is a phase of the Ethereum 2.0 version; therefore, the team behind Beacon is the same as Ethereum.
We update our Beacon ETH to USD currency in real-time. Get the live price of Beacon ETH on Coinbase.
The current market cap of Beacon ETH is $250.80M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Beacon ETH is $4,384.98. This all-time high is highest price paid for Beacon ETH since it was launched.
Over the last 24 hours, the trading volume of Beacon ETH is $5.19M.
Assets that have a similar market cap to Beacon ETH include Wrapped Pulse, BENQI Liquid Staked AVAX, Frax Staked Ether, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Beacon ETH is 101 thousand.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Beacon ETH calculator
1 Beacon ETH (BETH) to Canadian Dollar (CAD)
CA$3,531.12
1 Beacon ETH (BETH) to Japanese Yen (JPY)
¥367,880.30
1 Beacon ETH (BETH) to Indian Rupee (INR)
₹220,186.78
1 Beacon ETH (BETH) to Real (BRL)
R$14,834.79
1 Beacon ETH (BETH) to Euro (EUR)
€2,257.34
1 Beacon ETH (BETH) to Nigerian Naira (NGN)
NGN 4,083,067.32
1 Beacon ETH (BETH) to South Korean Won (KRW)
₩3,546,803.14
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.