CDCETH, a liquid staking token offered by Crypto.com, represents a user's staked ETH within the Crypto.com Exchange or App. This token provides users with access to market opportunities while their assets remain staked. CDCETH can be traded, transferred between chains such as Cronos and Ethereum, and utilized in various DeFi protocols.
By holding CDCETH, users can participate in decentralized finance activities and benefit from the flexibility of accessing their staked assets for trading or other purposes. This innovative token bridges the gap between staking rewards and market liquidity, offering users a seamless experience within the Crypto.com ecosystem and the broader crypto landscape.