rswETH
Summary
LRT Market Cap
$212.1M
Up 2.21%
# of Holders
7.5K
Up 0.07%
Average Daily Volume - 90D
$3M
Historical Tracking Error
We consider this LRT’s historical tracking error to be risky. Even when accounting for ETH’s volatility over the last 90 days, the market price has consistently been +/- 1% the underlying NAV. Ideally, we’d like to see market price consistently remain within 1% of NAV over a longer period of time.
High Risk
Onchain Liquidity
Using the slippage curve below and this LRT’s average daily volume, we consider the liquidity depth to be healthy. A trade matching ADV after liquidity has been depleted by 50% still has price impact below 5%. We estimate price impact by multiplying slippage by 2.5 and reduce by a factor of 6 if withdrawals are enabled.
Healthy
Whale Concentration
We consider the current whale concentration for this LRT to be moderate. The largest whale holds less than 5% of the LRT’s total supply, but the 3 largest whales hold more than 5% of the total supply. We increase the threshold by a factor of 6 if withdrawals are enabled.
Moderate Concentration