Skip to content

Layer 1 · ETH

Ethereum (ETH) live price dashboard

Ethereum trades on spot books and on perp venues around the clock, and the perps side is where leverage shows up first. This board keeps the ETH price, its candles and the funding traders pay to hold it in one view.

What is Ethereum?

Ethereum is a programmable blockchain proposed by Vitalik Buterin and launched on July 30, 2015. The Merge switched it to proof of stake in September 2022. ETH pays for gas and is staked by validators, and most DeFi, stablecoin and layer-2 activity still settles on Ethereum.

Buterin described Ethereum in a 2013 white paper, and the network went live in July 2015. There is no hard cap on supply. Validators earn new ETH for staking (32 ETH runs one validator), and since the London upgrade in August 2021 the base fee of every transaction is burned.

That burn is why supply can go either way. For a stretch after the Merge, ETH shrank. Then Dencun moved rollup data into cheap blobs in March 2024, mainnet fees fell, and supply started growing again, to about 121.5 million ETH by early 2026. Averaged since the Merge, net growth is about 0.3 percent a year, but in 2025 alone supply grew about 0.7 percent. It shrinks only when mainnet gets busy enough for the burn to beat issuance.

Fusaka went live on December 3, 2025 and added PeerDAS, which lets validators check samples of blob data instead of whole blobs, so layer-2s get more room for less money. Two small forks that change only the blob limits followed: BPO1 on December 9, 2025 raised the most blobs a block can carry from 9 to 15, and BPO2 on January 7, 2026 raised it to 21, with a target of 14. Price still takes its cues from ETF flows and the ETH/BTC ratio more than from the upgrade calendar.

Ethereum key facts
SymbolETH
CategoryLayer 1
CoinGecko idethereum
Price sources in CashboardCoinGecko, Binance fallback
Wallet trackingWatch-only, on Solana or an indexed EVM chain
Native networkEthereum
Perps coverageHyperliquid, Lighter and Aster; Jupiter Perpetuals volume

What do traders watch on ETH?

  • The ETH/BTC ratio, the usual gauge of appetite for risk beyond bitcoin.
  • Spot ETF flows, staking deposits and the validator entry and exit queues.
  • Layer-2 activity and blob fees, which changed a lot after Dencun, Fusaka and the two blob-only forks (BPO1 and BPO2) that raised the blob limit.

How does ETH funding compare across perp venues?

ETH is one of three assets the Perps risk widget follows. Hyperliquid settles funding every hour, while Lighter and Aster run on their own clocks, so Cashboard converts all of them to an hourly rate before comparing. Jupiter Perpetuals publishes volume only, and the widget leaves its funding blank rather than guessing.

What is ETH used for on Ethereum?

ETH pays for gas on Ethereum. The Ethereum page covers watch-only wallets, trending pools and network status: block height, block age, fees and how fast the RPC answers.

Where can you watch ETH gas, burn and staking APR?

On the Ethereum pulse widget. It prices Slow, Standard and Fast gas from the next base fee plus recent tips, shows the blob fee, and sets the ETH burn against issuance at the 7-day pace, labeled inflationary or deflationary. Staking APR comes two ways: the protocol figure (issuance, tips and MEV) from ultrasound.money, and Lido's 7-day stETH average.

Where can you read more about Ethereum?

Frequently asked questions

Does ETH have a maximum supply?

No, ETH has no hard cap. New ETH is issued to validators and part of every fee is burned, so supply can grow or shrink. It stood at about 121.5 million in early 2026.

What is the difference between Ethereum and ETH?

Ethereum is the network and ETH is its native coin. You need ETH to pay gas on Ethereum, and also on most Ethereum layer-2s such as Arbitrum, Base and OP Mainnet.

Where can I compare ETH funding across venues?

The Perps risk widget lines up ETH funding and open interest from Hyperliquid, Lighter and Aster as an hourly rate, and adds Jupiter Perpetuals volume. The spread between the cheapest and dearest venue is the number to watch.

More layer 1 dashboards

Last reviewed . Market data in Cashboard comes from the providers named on each widget and may be delayed. Nothing here is financial advice.