Market Cap
$2.08M
24h Volume
$27.09K
Circulating
915.78 BSDETH
All-Time High
$5,114.36
▼ +55.41% from ATH
Market Cap
$2.08M
Volume (24h)
$27.09K
Circulating Supply
915.78 BSDETH
Max Supply
N/A
1 BSDETH = $2,277.78
| All-Time High | $5,114.36 (August 24, 2025) |
| All-Time Low | $1,431.56 (April 9, 2025) |
Based ETH is an RToken on the Base L2 whose mandate is to maintain an Ethereum-aligned Liquid Staking Token basket (with a preference for new LST providers) and to provide value to bsdETH holders through yield and diversification.
About Reserve Protocol: Reserve is a free, permissionless platform to build, deploy and govern asset-backed currencies referred to as “RTokens.” RTokens are always 1:1 asset-backed, allowing for permissionless minting and redeeming onchain by users without the need for any middlemen. Overcollateralization is provided by RSR governance token stakers. Each RToken can have an entirely different governance system and is governed separately by ecosystem stakers. The Reserve protocol launched on Ethereum mainnet in October 2022, on Base L2 in October 2023, and completed its seventh audit in November 2023.
At the time of writing, Based ETH (BSDETH) trades at $2,277.78, with a 24-hour trading volume of $27.09K and a total market capitalization of $2.08M. The asset is currently ranked unranked among all tracked cryptocurrencies by market cap.
Over the last 24 hours, the BSDETH price has rose +2.60%. On the seven-day chart, Based ETH has retraced +2.80%, showing mixed signals across the short and medium term. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.
Based ETH's all-time high of $5,114.36 was set on August 24, 2025. The current market price is +55.41% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.
Buying Based ETH (BSDETH) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.
| 0XCB327B99FF831BF8223CCED12B1338FF3AA322FF/0X4200000000000000000000000000000000000006 |
| $1.08 |
| Trade → |
| Uniswap V3 (Base) | 0XCB327B99FF831BF8223CCED12B1338FF3AA322FF/0X4200000000000000000000000000000000000006 | $1.07 | Trade → |
| Aerodrome SlipStream | 0XAB36452DBAC151BE02B16CA17D8919826072F64A/0XCB327B99FF831BF8223CCED12B1338FF3AA322FF | $0.000001 | Trade → |
You can also use the built-in Based ETH converter above to estimate exactly how much BSDETH you would receive for a given amount in USD before placing an order.
Whether Based ETH is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, BSDETH carries significant market risk — prices can rise or fall sharply in a single day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.