weETH
Summary
LRT Market Cap
$4.7B
Up 0.27%
# of Holders
37K
Up 0.20%
Average Daily Volume - 90D
$64.8M
Historical Tracking Error
We consider this LRTs historical tracking error to be healthy. The market price has consistently remained within 0.5% of NAV over the last 90 days
Healthy
Onchain Liquidity
Using the slippage curve below and this LRT’s average daily volume, we consider the liquidity depth to be low risk. A trade matching ADV or 5% of the market cap after a 30% reduction is liquidity does not cause price impact greater than 5%, but larger trade sizes with larger liquidity reductions can. We estimate price impact by multiplying slippage by 2.5 and reduce by a factor of 6 if withdrawals are enabled.
Low Risk
Whale Concentration
We consider the LRT to have no whale concentration. The 3 largest whales hold a total of less than 3% of the LRT’s total supply. We increase the threshold by a factor of 6 if withdrawals are enabled.
Healthy Concentration