Wrapped stETH wsteth
$2,731.57
-0.75% (24h)
-0.75%
24h
+8.96%
7d
+5.87%
30d
Price Chart
Market Stats
Market Cap
$10.20B
24h Volume
$6.40M
Circulating Supply
3,735,550.264
Total Supply
3,735,550.264
All-Time High
$7,256.02
All-Time Low
$558.54
About Wrapped stETH
wstETH is a wrapped version of stETH. Instead of rebasing, or changing account holdings daily it is similar to a c-token. It represents a pro-rata ownership of the staked ETH (stETH). When someone exits wstETH they are returned principal stETH + stETH earnings. Lido is a liquid staking protocol for POS blockchains. It gives you a liquid token that represents your staked collateral and earnings over time. Lido removes the need to run infrastructure and enabling continued participation in DeFi. wstETH is minted and burned as stETH is wrapped and unwrapped.
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