Ankr Staked ETH

Ankr Staked ETH PriceANKRETH

C$4,818.87
C$116.07+2.47%

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Ankr Staked ETH Price Today

Current ANKRETH/CAD real-time price is C$4,818.87, with a 24-hour change rate of +2.47% and a 7-day change rate of +2.29%. ANKRETH currently ranks #8046 globally by market cap, with a total market cap of C$32.14M, a fully diluted valuation (FDV) of C$32.14M, and a 24-hour trading volume of C$0. In terms of supply, ANKRETH has a maximum supply of ∞, a current circulating supply of 6.83K, with 100.00% already in circulation and 0.00% remaining to be unlocked.

About Ankr Staked ETH

What is Ankr Staked ETH (ankrETH)?

Ankr Staked ETH (ankrETH) is a liquid staking token that represents Ether (ETH) staked through Ankr Staking. As an ERC-20 token on the Ethereum blockchain, ankrETH serves as a tradeable receipt for ETH locked to support the Ethereum network's security and consensus. The token was designed to address the illiquidity and accessibility challenges of early ETH staking, which typically required users to lock their assets for extended periods without access to decentralized finance (DeFi) opportunities. Ankr Staked ETH is positioned at the forefront of Ethereum's transition from Proof of Work (PoW) to Proof of Stake (PoS), a shift commonly referred to as Ethereum 2.0. The token has a dual nature: it functions as both a reward-bearing token and a synthetic derivative asset. Its quantity remains constant from the moment of staking, but its value appreciates relative to ETH as staking rewards accumulate. Ankr Staked ETH was formerly known as aETHc. The project launched in 2020, with a start date of December 23, 2020, as listed by Yahoo Finance. Ankr, the entity behind the token, is a prominent Web 3.0 blockchain solutions developer. The total supply of ankrETH is approximately 6,876.95 tokens, with a maximum total supply of 6,850.98537462895372933 ankrETH reported by Etherscan. The token is in an active development and integration phase, continuously expanding its presence across DeFi platforms and cross-chain bridges.

Key Specifications & Tokenomics

  • Name: Ankr Staked ETH
  • Ticker / Symbol: ankrETH (also referenced as ANKRETH)
  • Former Name: aETHc (also referenced as aETHb in some staking contexts)
  • Blockchain / Platform: Ethereum (ERC-20 token)
  • Consensus Mechanism: Proof of Stake
  • Token Contract Address (Ethereum Mainnet): 0xE95A203B1a91a908F9B9CE46459d101078c2c3cb
  • Contract Decimals: 18
  • Contract Type: ERC-20 Source Code (Proxy); Contract Name: AdminUpgradeabilityProxy
  • Compiler Version: v0.6.8+commit.0bbfe453
  • License: MIT
  • Max Total Supply (Etherscan): 6,850.98537462895372933 ankrETH
  • Total Supply: 6,876.95 ankrETH
  • Circulating Supply: Approximately 6,876.95 ankrETH
  • Category: Liquid Staking Token, DeFi, Synthetic Derivative
  • Launch Date: 2020 (Yahoo Finance lists 2020-12-23)
  • Official Website: https://www.ankr.com/earn/stake/
  • Staking Product Page: https://www.ankr.com/staking-crypto/ethereum-eth/
  • Official Documentation: https://www.ankr.com/docs/liquid-staking/eth/overview/

Who created Ankr Staked ETH?

Ankr Staked ETH is developed and managed by Ankr, a Web 3.0 blockchain solutions developer. Ankr provides a suite of products including Liquid Staking, Delegated Staking, DeFi, Bridge, Switch, and Parachain Crowdloan. The Ankr Staking platform aims to bring the benefits of DeFi to the masses through these offerings. While the broader Ankr project has a public-facing presence and documentation, specific details about the individual founders or core team members behind Ankr Staked ETH are not prominently featured in the available references. The project is supported by a community across various channels, including Twitter for general announcements, Telegram for live chat, Discord for technical support, Substack for newsletters, and Reddit as a community forum. The development and security of the token's smart contracts are further supported by audits from firms such as Beosin and Salus Security, indicating a structured approach to project development and maintenance.

How does Ankr Staked ETH work?

Ankr Staked ETH operates on a liquid staking model. Ethereum holders stake their ETH via the Ankr Staking platform and, in return, receive ankrETH tokens. The staked ETH is distributed between node operators and validators within the Ethereum network. Each ankrETH token is backed 1:1 by the staked ETH. The token functions as a reward-bearing asset: the quantity of ankrETH a user holds does not change, but its redemption value in ETH increases as staking rewards accumulate. For example, the redemption ratio has been cited as 1 ankrETH = 1.2189 ETH on the Ankr staking page, and 1 ankrETH = 1.225046 ETH on Etherscan. This ratio grows daily. The system provides instant liquidity for staked ETH, allowing users to trade their ankrETH tokens for their staked ETH anytime, or use them across DeFi platforms to earn additional rewards. Ankr's staking system distributes staked tokens intelligently across the Ethereum ecosystem to achieve optimal decentralization. Users can unstake on Ankr to get their original ETH back with accumulated rewards once Ethereum 2.0 is released. The Ankr Bridge further enables bridging liquid staking tokens to different blockchains for maximum earning opportunities. The staking flow involves visiting Ankr Staking, locating the Ethereum (ETH) box, clicking Stake, entering the desired amount of ETH, clicking Get ankrETH (ex-aETHc), and confirming the transaction.

What makes Ankr Staked ETH unique and valuable?

Ankr Staked ETH offers several unique features that distinguish it in the liquid staking landscape. Its primary value proposition is solving the illiquidity problem of traditional ETH staking. By tokenizing staked ETH, ankrETH allows users to maintain liquidity and continue participating in the broader DeFi ecosystem without the technical complexities or financial burdens of running a validator node. The token's reward-bearing mechanism means its value appreciates relative to ETH over time, providing a transparent and efficient way to accrue staking rewards. The instant liquidity feature enables users to connect with DeFi platforms to earn additional layers of rewards. Ankr's approach to decentralization involves distributing staked tokens intelligently across the Ethereum ecosystem. The integration with Ankr Bridge allows for cross-chain staking experiences, bridging liquid staking tokens to different blockchains. Furthermore, the token's utility extends beyond simple holding; it can be transferred, sold, or gifted, with the rights to the original ETH and rewards passing to the new recipient. The project's commitment to security is demonstrated through smart contract audits by Beosin and Salus Security, a bug bounty program, and the use of a non-custodial, hardware-backed key manager for validator keys.

What is Ankr Staked ETH used for?

Ankr Staked ETH serves multiple purposes within the cryptocurrency and DeFi ecosystems. Primarily, it represents staked ETH plus accumulated staking rewards, acting as a liquid representation of a staked asset. Holders can transfer, sell, or gift their ankrETH tokens, with the rights to the original ETH and rewards transferring to the new recipient. This makes it a versatile asset for trading and transactions. In DeFi, ankrETH can be used for yield farming, providing liquidity, and participating in vaults. The Ankr DeFi Aggregator lists opportunities such as ankrETH/ETH Uniswap v3 LP and ankrBNB Wombat LP on Magpie, indicating its use in liquidity pools and farming. Users can hold ankrETH in a wallet and watch staking rewards accumulate on the Dashboard. The token can also be used to earn more on other DeFi protocols. The Ankr Bridge enables bridging ankrETH to different blockchains, expanding its utility across multiple networks. Additionally, users can switch aETHb for ankrETH, although the supply for this swap is limited. Overall, ankrETH is designed to be a productive asset that continues to generate value while remaining accessible for various financial activities.

How Is the Ankr Staked ETH ecosystem developing?

The Ankr Staked ETH ecosystem is developing through integrations with various DeFi protocols and expansion of its staking infrastructure. The Ankr DeFi Aggregator categorizes integrations into Farming, Liquidity Pool, Vault, and V3 Liquidity Pool. Notable DeFi positions include ankrETH/ETH Uniswap v3 LP on Ethereum and ankrBNB Wombat LP on Magpie. The Ankr Bridge is a key component, enabling the bridging of liquid staking tokens to different blockchains for cross-chain staking experiences. The Ankr product suite, which includes Liquid Staking, Delegated Staking, DeFi, Bridge, Switch, and Parachain Crowdloan, provides a comprehensive framework for ecosystem growth. Wallet support is expanding, with hardware wallets like Tangem supporting Ankr Staked ETH (ANKRETH) for cold storage. The project has a presence across multiple community channels, including Twitter, Telegram, Discord, Substack, and Reddit, facilitating engagement and support. According to Staking Rewards, the Ankr ETH staking infrastructure has 231 active validators, 4 verified providers, and 2k stakers, with a benchmark commission of 10%. The Ankr ETH page reports 55,844 ETH staked with Ankr, 4,976 stakers, and a 4.02% Ankr ETH APY. These metrics indicate an active and growing ecosystem.

How to mine Ankr Staked ETH?

Ankr Staked ETH cannot be mined in the traditional sense, as it is not a Proof of Work cryptocurrency. Instead, it is obtained through staking. The process involves using the Ankr Staking platform to stake ETH and receive ankrETH in return. The staking flow, as outlined in Ankr's documentation, is as follows: Visit Ankr Staking and locate the Ethereum (ETH) box. Click the Stake button. Enter the desired amount of ETH to stake. Click Get ankrETH (ex-aETHc). Confirm the transaction. Once the transaction is confirmed, the user receives ankrETH tokens representing their staked ETH and accumulated rewards. The staked ETH is then distributed between node operators and validators within the Ethereum network. The token is backed 1:1 by the staked ETH, and its value appreciates relative to ETH as staking rewards accumulate. Users can unstake on Ankr to get their original ETH back with accumulated rewards once Ethereum 2.0 is released. The process is designed to be accessible, removing the technical complexities and financial burdens typically associated with running a validator node on Ethereum 2.0. The Ankr Staking platform provides the necessary infrastructure, including validators and node operators, to facilitate this process.

How to keep your Ankr Staked ETH Coin safe?

Keeping Ankr Staked ETH safe involves understanding the risks associated with different types of wallets and taking appropriate security measures. Exchange (custodial) wallets involve certain risks, such as potential restrictions on account access. Software wallets are prone to malware and cyber threats. For enhanced security, hardware wallets are recommended. Tangem, a hardware wallet provider, supports Ankr Staked ETH (ANKRETH) as a cold storage solution. Tangem wallets feature a seedless setup and multi-card backup, IP69K water and dust protection, and an access code plus biometric lock inside the Tangem Mobile app. Private keys are generated and stored inside the EAL6+ secure element, and no registration or KYC is required. The smart contracts for ankrETH have undergone security audits by Beosin and Salus Security, and a bug bounty program is in place. Validators' keys are securely kept in a non-custodial, hardware-backed key manager. However, Etherscan notes "No Contract Security Audit Submitted" on the token page, which is a contract-level note. Users should be aware of these differing assessments. It is advisable to use hardware wallets for significant holdings, practice good operational security, and stay informed about the project's security updates. Ankr provides 24/7 customer care for Tangem wallet users.

How to Buy and Use Ankr Staked ETH

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsAnkr Staked ETH is instantly credited to your BTCC account, ready for trading at any time.

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Thank you for your interest in BTCC. Currently, spot and futures trading services for ANKRETH are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Ankr Staked ETH FAQs

What is the live price, market cap, and 24h volume of Ankr Staked ETH (ANKRETH)?

As of right now, the live price of Ankr Staked ETH (ANKRETH) is C$4,818.87. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated ANKRETH to USD rate at the top of BTCC’s price page. In terms of market scope, Ankr Staked ETH records a 24h trading volume of C$0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$32.14M. Its current circulating supply stands at 6.83K out of a maximum supply cap of ∞.

Why does the price of Ankr Staked ETH (ANKRETH) fluctuate, and what drives its volatility?

The price volatility of Ankr Staked ETH (ANKRETH) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (6.83K) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Ankr Staked ETH (ANKRETH)?

Looking at its historical price performance, Ankr Staked ETH (ANKRETH) hit an all-time high (ATH) of C$45,736.15 on 2021-11-16 07:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at -- on 2021-11-16 07:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Ankr Staked ETH (ANKRETH) price chart for futures trading?

When trading ANKRETH futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Ankr Staked ETH (ANKRETH) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s ANKRETHUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Ankr Staked ETH, simply log into your BTCC account with USDT margin available, navigate to the ANKRETHUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Ankr Staked ETH (ANKRETH) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for ANKRETHUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practise Ankr Staked ETH (ANKRETH) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$4,818.87), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for ANKRETHUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Ankr Staked ETH (ANKRETH) on BTCC?

Trading Ankr Staked ETH (ANKRETH) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for ANKRETHUSDT, and review its live price (C$4,818.87) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

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