• Coins 17 046
  • Exchanges 1 272
  • Market Capitalization $3 449 246 364 600
  • 24h Trading Volume $122 993 764 946
  • Dominance BTC 59.73% ETH 9.10%

Cyclo cyWETH (cyweth) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
7355
CYWETH
Cyclo cyWETH logo Cyclo cyWETH CYWETH
$ 0.38 -2.52% 232 908 232 908 X-Ray

Cyclo cyWETH (cyweth)

Cyclo Finance: Access the power of leverage while keeping your collateral completely safe from liquidations. Cyclo rethinks leverage from first principles. Instead of following the traditional DeFi pattern of lending pools, interest rates, and liquidations, Cyclo creates a simple primitive: the ability to lock collateral (like sFLR or WETH) and mint cy* tokens (like cysFLR or cyWETH) that can trade between $0 and $1. This design leads to a natural market for leverage. When demand for leverage is high, users lock their collateral and sell cy* tokens, increasing supply and lowering its price. When traders want to unwind positions, they buy back cy* tokens to unlock their collateral, creating demand that drives the price up. This cycle repeats naturally without any governance decisions, interest rates, or forced liquidations.