Rings Sonic ETH

scETH DeFiWrapped

scETH is the ether token of Rings on Sonic, minted one for one against WETH deposits that the protocol puts to work in vault strategies. As with scUSD the yield accrues to stakers rather than to the token, so scETH is designed to track one ether and is redeemable for the deposit rather than appreciating against it.

Pegged to ethereum
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  • 0x346704605c72d9f5f9F02D651e5A3DccE6964F3d sonic
  • 0xBcda4860646e315d48625446Efae96cD00d56923 sonic
  • 0xE54DD58a6d4e04687f2034dd4dDAb49da55F8afF sonic
  • 0xbd4a2ecdcd7acb0d2b20744AC4Cc1368Dd8fdC41 sonic
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