> ## Documentation Index
> Fetch the complete documentation index at: https://docs.lumens.fi/llms.txt
> Use this file to discover all available pages before exploring further.

# uETH

**Status:** Live on Canton testnet\
**Origin chain:** Ethereum

### What is uETH?

uETH is a Canton-native representation of ETH issued through Lumens.

It is designed to bring ETH liquidity into Canton so that wallets, applications, and settlement flows can use ETH-denominated value inside a permissioned environment.

### What does uETH enable?

uETH enables:

* permissionless ETH deposits
* ETH liquidity for Canton applications
* private application flows backed by ETH
* seamless 1:1 redemption back into ETH

### High-level lifecycle

1. a user requests a deposit address
2. the user deposits ETH on Ethereum
3. the deposit is observed and verified
4. ETH is secured in custody
5. uETH is issued on Canton
6. the user can transfer or use uETH in Canton applications
7. the user can later redeem uETH back into ETH

### Current architecture

The current uETH deployment uses:

* unique Ethereum deposit addresses per user
* Safe-based custody for ETH backing
* a watcher network for event verification
* an attestor network for execution and authorization
* Canton-native token issuance and transfer

### Why uETH matters

uETH is the first live example of the broader Lumens model.

It shows how a liquid asset from a permissionless ecosystem can be brought into Canton through a structured issuance flow, then used by applications inside a more private and permissioned environment.

### What comes next

Future assets can follow the same pattern:

* secure an origin-chain asset
* verify deposits and redemption events
* issue the Canton-native representation
* enable application usage and redemption

As Lumens expands, this page can grow into a multi-asset catalog without changing the core product model.