EXAETH Explained: Institutional ETH Yield Vault Token

EXAETH is the token of the Institutional ETH Yield Vault, an Aera vault set up to support Exa and its clients. According to the project description, the vault passes deposits through to ether lending opportunities and can allocate across multiple chains. It is described as the sister strategy of exaUSD, a token already listed on CoinGecko. EXAETH is a NAV-tracking token, so its value follows the net asset value of the vault's holdings rather than open-market trading. Its CoinGecko categories are Ethereum Ecosystem and Yield-Bearing Tokens. Public sources provided do not include a launch date, a team roster or an audit history, so those points are not covered here.

Holders use EXAETH to get exposure to the vault's ETH lending strategy. According to the project, users deposit into the vault and redeem from it, and the token is tied to that position. The project says almost all of the supply was acquired in the primary market, meaning directly from the vault, and that there is no secondary market or trading venue for EXAETH. In practice, a holder who wants to exit generally has to use the vault's redemption process, and the terms of that process are not included. No governance or other utility role is described publicly, so none is assumed here.

Data dated 2026-11-05 shows a price of about $2,403 and a market capitalization of about $9.5 million at the time of writing. Circulating and total supply are both about 3,942.5 tokens, and no maximum supply is listed. The 24-hour trading volume is not available in the data. The price was about 4% higher than seven days earlier. The all-time high in the data is about $2,775 on 2026-10-02, and the all-time low is about $2,187 on 2026-10-30. No one-year change is available. Because the token has no open market, quoted prices may reflect vault valuations rather than trades, and figures on other sites can differ. These numbers change often and should be checked on a live source.

The token is listed as issued on Ethereum. The vault can allocate across multiple chains, so the strategy may hold positions outside Ethereum, which adds bridge, network and protocol exposure. Main risks include lending protocol losses or bad debt, smart contract bugs, manager decisions about allocation, redemption limits given there is no secondary market, and valuation risk because the token tracks NAV. EXAETH is not a bank deposit, and the data does not describe any insurance or guarantee. The recorded price history is short, so it offers limited guidance on what may come next. This page is not investment advice.

If you hold EXAETH, the tokens sit in an Ethereum wallet you control or in a custody arrangement you have checked yourself. Before interacting with any contract, confirm its address through the project's own channels rather than a search result, since look-alike tokens are common. Keep records of every deposit and redemption, including dates and amounts. Check whether the vault is open to you in your jurisdiction, and whether it is open to retail users at all, since the project description frames it as built for Exa and its clients. Never share seed phrases, and do not approve contracts you have not verified.