Ethereum
MarketsDefinition
The second-largest cryptocurrency and a programmable smart-contract platform. Launched 2015 by Vitalik Buterin et al. Native asset (ETH) is used to pay transaction "gas" fees on the network and is staked to secure the proof-of-stake consensus.
Hosts the bulk of decentralized finance (DeFi), NFTs, stablecoins, and Layer-2 ecosystems (Arbitrum, Optimism, Base). Tokenomics include burning a portion of fees, making ETH potentially deflationary in high-activity periods.
Hosts the bulk of decentralized finance (DeFi), NFTs, stablecoins, and Layer-2 ecosystems (Arbitrum, Optimism, Base). Tokenomics include burning a portion of fees, making ETH potentially deflationary in high-activity periods.