Synth sETH is a digital asset developed by Synthetix that mirrors the price of Ether. It utilizes price feeds provided by an oracle to ensure accurate price tracking. This allows users to gain exposure to Ether's value without needing to hold the actual cryptocurrency. Operating on the Optimism network, Synth sETH integrates seamlessly into the broader DeFi ecosystem, offering users a way to trade and utilize Ether's price movements. Its design promotes liquidity and accessibility, making it a valuable tool for traders and investors alike. With Synth sETH, users can engage in various financial activities, including trading and hedging, all while benefiting from the convenience and efficiency of decentralized finance. This token exemplifies the innovative nature of synthetic assets within the crypto space.