Logo of ETH StrategyETH Strategy(STRAT)
Total Value Locked$3.88m

TVL by Chain

Ethereum$3.88m

Key Metrics

Market Cap$5.29m

$STRAT Price$0.12

All Time High$0.88

All Time Low$0.082

View $STRAT token page

$9.64m

$STRAT Volume 24h$10

CEX Volume$0

DEX Volume$10(100% of total)

Treasury$10.83m

$10.82m

Stablecoins$1,980.97

Own Tokens$0

Others$0.0015

Total Raised$46.5m

Jul 29, 2025$46.5mRound: Pre-token Sale

Protocol Information

ETH Strategy is a treasury accumulation protocol designed to provide leveraged exposure to Ethereum (ETH) without the traditional risks associated with margin liquidations or volatility decay

Category:Onchain Capital Allocator

WebsiteTwitter

Methodology

TVL: Calculates total USDS TVL from ESPN contract totalAssets() only.View code on GitHubTreasury: Value of tokens owned by the protocol

Competitors

Grove Finance ($2.412b)Spark Liquidity Layer ($1.764b)Veda ($1.411b)Concrete ($859.7m)Upshift ($347.44m)ether.fi Liquid ($309.57m)Mellow Core ($211.97m)Aera V3 ($141.87m)Lagoon ($130.27m)Ember Protocol ($100.85m)

Frequently Asked Questions

What is ETH Strategy?

ETH Strategy is a treasury accumulation protocol designed to provide leveraged exposure to Ethereum (ETH) without the traditional risks associated with margin liquidations or volatility decay

What is ETH Strategy's TVL?

ETH Strategy currently has $3.88m in total value locked. TVL has increased <0.1% over the past 30 days.

What chains does ETH Strategy operate on?

ETH Strategy operates on Ethereum. Ethereum holds the largest share at 100%.

What is the STRAT token price and valuation?

STRAT is currently trading at $0.12. Its circulating market capitalization is $5.3m, ranking it #1,872. Its fully diluted valuation is $9.66m. Supply currently stands at 42.49m circulating, 77.49m total supply.

How has STRAT performed recently?

STRAT is down 3.2% over the past 7 days and down 9.7% over the past 30 days. Its all-time high is $0.88, reached on Aug 24, 2025. The token is currently 85.8% below that level.

How does ETH Strategy's TVL compare to similar protocols?

Among Onchain Capital Allocator protocols tracked by DefiLlama, ETH Strategy ranks #27 by TVL. The category holds $8.188b across 74 protocols, and ETH Strategy accounts for <0.1% of that total. Other leading protocols include Grove Finance, Spark, and Veda.

Does ETH Strategy have a treasury?

ETH Strategy has a tracked treasury currently valued at $10.83m. Its holdings include $1,980.97 in stablecoins, $10.82m in major assets, $0.0015 in other assets.