Staked ETH · Ethereum

Liquid Staked ETH LsETH

A liquid staking token representing ETH staked through Liquid Collective, with staking, contract and redemption dependencies.

In use on-chain· 9 open positionsAssessment temporarily unavailable

Sample protocol snapshot. These figures are not the current protocol state.

Assessment overview

The assessment could not be loaded. Available protocol data is shown below.

Risk data & lending terms

Lending terms

Effective annual interest

1.33%

Current rate, adjusted for retained reserve

Retained reserve

25.0%

Current share of gross minted debt

Global minting limit

5.0M ZCHF

Across all originals · 65.8% used

Effective interest = (base rate + contract premium) ÷ (1 − retained reserve).

Positions & price exposure

Price exposure

0 ZCHF (0.00% of this asset's debt) is within 10% of its configured liquidation price at the last observed market price.

The last price observation is 1580 hours old; this asset's monitoring window is 1 hours. Price-based figures describe that earlier observation.

Collateral value / debt

196%

reference-priced collateral ÷ debt across the considered positions

Nearest price cushion

48.3%

reference-price distance to the highest configured liquidation price · median 49.6%

Debt within 10% of its liquidation price

0 ZCHF

within 5 %: 0 · within 20 %: 0

Positions considered

9

active, with debt, at 2.2k CHF / LsETH

Debt by price cushion

  • ≤ 0%–
  • 0 – 5 %–
  • 5 – 10 %–
  • 10 – 20 %–
  • 20 – 40 %–
  • > 40 %3.3M
Positions nearest their liquidation price
PositionPrice cushionDebt ZCHFLsETHLiq. priceState
0x03299C…47Bbb9v2 · clone48.3%2.0M1'764.411'162open
0xAe4bE1…50B215v2 · original48.9%328.9k286.001'150open
0x72Bac4…01385cv2 · clone48.9%43.7k38.001'150open
0x801b3C…1Cb44cv2 · clone49.5%605.3k533.101'136open
0xc64C01…b0c811v2 · clone49.6%23.8k21.001'134open

Cushion = reference-price distance to the configured liquidation price. Reference price: 2'250 CHF. Showing 5 of 9; the full list is in the Positions block.

What if the price falls?

Explore debt at or beyond its configured liquidation price. Positions and parameters stay unchanged. This estimates threshold exposure, not liquidation proceeds or losses; comparisons assume 1 ZCHF = 1 CHF.

Starting price: 2'250 CHF / LsETH, observed 07 Sept 2026, 14:22 UTC. This scenario uses an unverified or outdated reference price.

Compare price scenarios
Price dropReference CHF priceDebt beyond thresholdShare of asset debtPositions
0%2'2500 ZCHF0.00%0
10%2'0250 ZCHF0.00%0
20%1'8000 ZCHF0.00%0
40%1'3500 ZCHF0.00%0

Positions

PositionOwnerLsETHMinted ZCHFColl. ratioLiq. priceEffective interestReserveAuctionExpires
0x03299C…47Bbb9v2 · clone0x963e…b3011'764.412.0M194%1'1621.33%25%24 h06 Dec 2026
0x801b3C…1Cb44cv2 · clone0x5021…ba19533.10605.3k198%1'1361.33%25%24 h06 Dec 2026
0xAe4bE1…50B215v2 · original0x93F9…f6A7286.00328.9k196%1'1501.33%25%24 h06 Dec 2026
0x3132e6…F92d79v2 · clone0xe044…59b5160.00179.8k200%1'1241.33%25%24 h06 Dec 2026
0x72Bac4…01385cv2 · clone0xe044…59b538.0043.7k196%1'1501.33%25%24 h06 Dec 2026
0x147b02…2dFBBDv2 · clone0xe044…59b530.0031.9k212%1'0651.33%25%24 h06 Dec 2026
0xc64C01…b0c811v2 · clone0xe044…59b521.0023.8k198%1'1341.33%25%24 h06 Dec 2026
0x5eD0D0…Cd383Ev2 · clone0x4D82…c34414.4415.0k217%1'0401.33%25%24 h06 Dec 2026
0x0559c3…fa59cEv2 · clone0xe044…59b514.0013.5k233%1'0201.33%25%24 h06 Dec 2026
35 closed or denied positions
0x3f8146…61b0dBv1 · clone0x963e…b3010.00000–1'6003.75%20%24 h11 Mar 2025
0xdc34bb…39b937v1 · clone0x963e…b3010.00000–1'6003.75%20%24 h11 Mar 2025
0xd63562…eD9784v1 · clone0xe044…59b50.00000–1'5403.75%20%24 h11 Mar 2025
0x65E4A2…90b88cv1 · clone0xe044…59b50.00000–1'5003.75%20%24 h11 Mar 2025
0x5729A5…c2DAd6v1 · clone0xe044…59b50.00000–1'6003.75%20%24 h11 Mar 2025
0x12D9D9…858Ef1v1 · clone0xe044…59b50.00000–1'6003.75%20%24 h11 Mar 2025
0x2eBF24…61c5bEv1 · clone0xe044…59b50.00000–1'6003.75%20%24 h11 Mar 2025
0xd5E05c…B63127v1 · clone0xe044…59b50.00000–1'6003.75%20%24 h11 Mar 2025
0x89B771…000674v1 · clone0xe044…59b50.00000–1'6003.75%20%24 h11 Mar 2025
0xc2EF48…F17088v1 · clone0xe044…59b50.00000–1'5003.75%20%24 h11 Mar 2025
0xd41697…078808v1 · clone0xe044…59b50.00000–1'2903.75%20%24 h11 Mar 2025
0x7FF290…1b795dv1 · clone0xe044…59b50.00000–1'3003.75%20%24 h28 Feb 2025
0xa29043…0E6e9cv1 · clone0xe044…59b50.00000–1'0003.75%20%24 h31 Dec 2024
0x60187F…0A0fcAv1 · clone0xdEa2…27Ee0.00000–0.0000003.75%20%24 h11 Mar 2025
0x5495D1…B5E20bv1 · clone0x963e…b3010.00000–1'5003.75%20%24 h11 Mar 2025
0x7c245A…5f2e99v1 · original0x963e…b3010.00000–1'4003.75%20%24 h11 Mar 2025
0x99FEc9…EdCED7v1 · clone0x963e…b3010.00000–1'6003.75%20%24 h31 Oct 2024
0xeBfa07…C37DcDv1 · clone0x963e…b3010.00000–1'4503.75%20%24 h31 Oct 2024
0xc72470…8353eEv1 · original0x93F9…f6A70.00000–1'2003.75%20%24 h31 Oct 2024
0xE5c7dA…322E7ev2 · clone0xe044…59b50.00000–1'1621.33%25%24 h30 Aug 2026
0x640301…e966F7v2 · clone0xe044…59b50.00000–1'5001.33%25%24 h31 Aug 2025
0x3532CA…f4E223v2 · clone0x93F9…f6A70.00000–1'1001.33%25%24 h30 Apr 2025
0x5CE448…e2077Fv2 · clone0xe044…59b50.00000–1'9691.33%25%24 h31 Dec 2025
0x0378B2…cF1bbcv2 · clone0xe044…59b50.00000–1'4001.33%25%24 h20 Mar 2025
0xb51323…36d58Fv2 · clone0x963e…b3010.00000–1'0001.33%25%24 h15 Mar 2025
0x3E5c9d…1DEE1Av2 · clone0xe044…59b50.00000–1'7001.33%25%24 h12 Mar 2025
0xe97a2d…237349v2 · clone0xe044…59b50.00000–1'6501.33%25%24 h31 Dec 2025
0xd51a14…6e2011v2 · clone0xe044…59b50.00000–1'3101.33%25%24 h31 Dec 2025
0x9ef518…34f02ev2 · clone0xe044…59b50.00000–1'1151.33%25%24 h30 Jun 2026
0x8055F1…291476v2 · clone0xe044…59b50.00000–1'9001.33%25%24 h31 Dec 2025
0x4efe65…16348Av2 · clone0xe044…59b50.00000–1'8001.33%25%24 h30 Nov 2025
0x4bc6f9…BAF0Fbv2 · clone0xe044…59b50.00000–1'8001.33%25%24 h31 Dec 2025
0xf73FB8…c6839cv2 · clone0xe044…59b50.00000–1'1501.33%25%24 h30 Jun 2026
0x76cBC4…d12b07v2 · clone0xe044…59b50.00000–1'8451.33%25%24 h31 Dec 2025
0x8c3365…CC103ev2 · clone0xe044…59b50.00000–1'9331.33%25%24 h31 Dec 2025

Effective interest includes the reserve adjustment. Collateral ratio = collateral value at the current price ÷ minted. Open a position on app.frankencoin.com ↗.

Changes & sources

Token contract0x8c1bed5b…e10b6549Etherscan ↗

Governance reference: not linked. A discussion link and a published assessment do not by themselves verify an adopted parameter set.

All protocol parameters

Reference market price

2'250 CHF

$2'778

Minted ZCHF

3.3M

debt against this collateral

Remaining aggregate limit

1.7M

of 5.0M ZCHF total limit

Estimated collateral value

6.4M CHF

2'860.95 LsETH locked

Open positions

9

9 total · 1 original / 8 clones

Debt / collateral value

51.2%

debt ÷ reference-priced collateral

Contract risk premium (V2)

0.00%

risk premium above the lead rate

Annual fee rate on gross debt

1.00%

= base rate + contract premium, before reserve adjustment

Challenges

0

active · 0 total

Source: protocol aggregate (api.frankencoin.com/ecosystem/collateral/stats) · price via defillama (07 Sept 2026, 14:22 UTC)

Community discussion
Liquid Staked Ether (LSETH)

#15 · Acceptable Collaterals · opened 16 Nov 2023 by luziusmeisser · 0 comments · ▲ 1 · matched by title

Reply on GitHub
Original post (show)

Placeholder for discussing Liquid Staked ETH by Liquid Collective.