- Coins 17 142
- Exchanges 1 293
- Market Capitalization $2 782 234 152 866
- 24h Trading Volume $99 271 405 952
- Dominance BTC 59.17% ETH 7.98%
Wrapped stETH (wsteth) Live Chart
| Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
|---|---|---|---|---|---|---|
| 18 |
WSTETH
Wrapped stETH
WSTETH
| $ 2 226.30 | + 3.93% | 3 605 368 | 3 605 368 | AI Insight |
Wrapped stETH (wsteth)
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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