---
title: "ETH Strategy (STRAT) price, heat score and market data"
symbol: "STRAT"
name: "ETH Strategy"
coingecko_id: "eth-strategy"
canonical: https://crypheat.com/c/eth-strategy.html
robots: index, follow
heat_score: "14"
heat_band: "COLD"
market_cap_rank: "1531"
price_as_of: "2026-08-14"
last_updated: "2026-08-14"
source: "CoinGecko / DefiLlama / alternative.me"
tier: free
disclaimer: "Information only; not investment advice or a recommendation to trade"
---

# ETH Strategy (STRAT)

ETH Strategy (STRAT) trades at $0.125789, down 4.0% over the past 30 days. Its market cap — supply times price — is $8.7M, the 1531-largest in crypto. Over 200 days it is -41% (down), and it sits -86% from its all-time high. On tradability, the book is thin, so incoming money moves the price easily. Taken together, the overall heat score is 14 (COLD). A higher number means more of the conditions for a rally are in place — it is not a price forecast.

Last updated 2026-08-14 · Price $0.125789 (as of 2026-08-14)

Heat score: **14** (COLD) — a deterministic 0–100 read on how many of the conditions for a move are in place. Not a price forecast.

## Market data (as of 2026-08-14)

| Metric | Value |
| --- | --- |
| Price | $0.125789 |
| Market cap | $8.7M (rank #1531) |
| 24h volume | $11 |
| Circulating supply | 69,369,596 STRAT (about 90% of total supply) |
| Total supply | 77,493,788 STRAT |
| Change from all-time high | -85.6% |

## What is ETH Strategy

We're a treasury strategy with a continually expanding pool of ETH. ETH grows through long-term convertible debt, with ETH treasury growth outstriping STRAT supply growth, leading to accretive dilution.

The ETH in the ETH Strategy treasury is deployed between various staking services and into a STRAT/ETH borrow lend. In this way the ETH is constantly earning yield.

STRAT mechanics are designed to autonoumously control the level of debt in the system, by reducing the value of the call options as debt increases. This ensures that the protocol as a whole has strong risk fundamentals.

## Frequently asked questions

### What is ETH Strategy (STRAT)?

We're a treasury strategy with a continually expanding pool of ETH. Read more →

### What is the current price of ETH Strategy (STRAT)?

$0.125789 as of 2026-08-14. The price moves daily, and this page is rebuilt every day.

### What is the market cap of ETH Strategy (STRAT)?

About $8.7M as of 2026-08-14, which ranks #1531 across all crypto assets.

### What is ETH Strategy's heat score, and what does it mean?

The heat score is 14 (COLD) as of 2026-08-14. It is our own 0–100 measure of how many of the conditions a rally needs — momentum, tradable volume, light supply and a supportive market — are currently in place. It is not a price forecast. The model multiplies its factors, so a single missing condition holds the whole score down.

### What is the supply of ETH Strategy (STRAT)?

As of 2026-08-14, 69,369,596 STRAT is in circulation out of a total supply of 77,493,788 STRAT — about 90%. The remainder may reach the market through future unlocks.

### What is the all-time high for ETH Strategy (STRAT)?

The all-time high on record as of 2026-08-14 is $0.875668.The price is $0.125789 today, -85.6% from that high.

### How much ETH Strategy (STRAT) can I buy with $100?

At the 2026-08-14 price ($0.125789), $100 buys roughly 794.98 STRAT before fees and spread. Crypto is divisible, so you do not need to buy a whole coin.

### Will ETH Strategy (STRAT) go up? What are its prospects?

We do not forecast prices or give investment advice. What this page does is track ETH Strategy every day through factual data — the heat score, supply structure, charts and development activity. Use it as material for your own judgement; the decision is yours.

### Where can I buy or trade ETH Strategy (STRAT)?

It trades on major crypto exchanges. Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction. This is information, not a recommendation of any asset or exchange.

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Sources: CoinGecko (data provided by CoinGecko), DefiLlama and alternative.me. Figures are as of 2026-08-14 and change daily. Information only; not investment advice or a recommendation to trade.
HTML version: https://crypheat.com/c/eth-strategy.html