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Indigo Protocol iETH

ieth
$2,819.29-
Low $2,679.6724h rangeHigh $2,871.82
30 days
+0.73%
1 year
−36.00%

Price over 7 days

$2,819.29

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Market cap
-
24h volume
$26.07
Fully diluted value
$1.19M
Circulating supply
0 IETH
Total supply
425 IETH
Max supply
No cap
All-time high
$5,262.64
−46.43%, 18 Sept 2025
All-time low
$1,429.80
10 Mar 2023

About Indigo Protocol iETH

What Indigo Protocol iETH is, how it works, and how to read its market figures.

What is Indigo Protocol iETH (IETH)?

iETH is synthetic Ether and was the first new iAsset whitelisted by the Indigo DAO for the Indigo Protocol. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iETH from a DEX just like any Cardano native asset, or can mint iETH within the Indigo Protocol by depositing ADA as collateral.

How does Indigo Protocol iETH work?

When users mint iETH within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iETH position above the MCR.

Read the full guide, 8 more sectionsShow less

What is Indigo Protocol iETH used for?

If a user’s collateral becomes worth less than the MCR of their iETH debt, the Indigo Stability Pool providers will allow the user to keep their iETH but will exchange Stability Pool iETH for the user’s higher value ADA collateral. Thereby ensuring that iETH remains overcollateralized and that the Indigo Protocol remains solvent via its efficient liquidation process. Unique to Indigo, users still receive their ADA staking rewards from stake pool delegation while ADA is being used as collateral in a CDP. This CDP Liquid Staking feature presents a unique use case for iETH in trading strategies.

Where can you buy Indigo Protocol iETH?

Indigo Protocol iETH (IETH) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for IETH sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.

The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for IETH. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.

What is the daily trading volume of Indigo Protocol iETH (IETH)?

The reported 24-hour trading volume of Indigo Protocol iETH is $26.07. Volume is a live reading of how much IETH changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.

For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.

What is the highest and lowest price for Indigo Protocol iETH (IETH)?

Indigo Protocol iETH reached an all-time high of $5,262.64 on September 18, 2025, and an all-time low of $1,429.80 on March 10, 2023. It is currently trading -46.92% from its peak and +95.36% from its bottom.

The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where IETH sits in its long-run price range.

What is the market cap of Indigo Protocol iETH (IETH)?

ReadPrices does not publish a market cap for Indigo Protocol iETH. Market cap is the price multiplied by the circulating supply, and IETH has no verified circulating supply.

For the same reason IETH has no market-cap rank and no fully diluted valuation here. The price, 24-hour change and volume on this page are still live figures from the exchange that lists it.

What is the fully diluted valuation of Indigo Protocol iETH (IETH)?

The fully diluted valuation (FDV) of Indigo Protocol iETH is $1.19M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.

FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.

How does the price performance of Indigo Protocol iETH compare against its peers?

Over the past 24 hours, Indigo Protocol iETH has moved -. Over the past seven days, the change is -. Comparing these figures to the change in the whole crypto market cap (shown in the line at the top of this page) tells you whether IETH is leading, lagging or tracking the broader market.

For deeper analysis, the Categories page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Indigo Protocol iETH against its closest peers. Each category page lists its coins with their seven-day price lines in a single view.

How to store Indigo Protocol iETH?

Like any crypto asset, the right way to store IETH depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.

For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.

The figures in this text (price, market cap, volume, all-time high and low) come from the same feed as the rest of the page and can be up to five minutes old. The text is written by the ReadPrices team and is not financial advice. Read the risk disclosure before you trade.

Converter

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You have

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1 IETH = 2,819.29 USDTabout $2.82K

Price projection

Estimated IETH price in 7d

$2,819.29

Between $2,571.20 and $3,067.39

If you hold

Worth now
$2.82K
In 7d
$2.82K
Difference
+$0.00 (+0.00%)

An estimate for learning only, not financial advice. It carries the recent change forward and widens the range using 24-hour swings.

Official links

Website

indigoprotocol.io

Explorers

cardanoscan.iocexplorer.io

Community

@Indigo_protocol

Source

IETH guides on other sites

TradingHow to trade Indigo Protocol iETHcoinbase.comBasicsWhat is Indigo Protocol iETH?coinbase.comMarket dataIndigo Protocol iETH market cap and pricecoingecko.comGetting startedHow to buy and store Indigo Protocol iETHcoinbase.com

These links open other sites. ReadPrices does not run or endorse them.

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Global IETH prices

What 1 IETH costs in other currencies.

  • US dollar$2,819.29
  • Euro€2,517.10
  • British pound£2,126.84
  • Canadian dollarC$4,007.96
  • Australian dollarA$4,035.68
  • Japanese yen¥446,316
  • Chinese yuanCN¥18,867.28
  • Indian rupee₹268,081
  • Brazilian realR$14,157.08
  • Korean won₩3,780,840
  • Swiss francCHF 2,347.19
  • Bitcoin0.03386783 BTC
  • Ethereum1.123861 ETH

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