- Coins 17 046
- Exchanges 1 272
- Market Capitalization $3 449 246 364 600
- 24h Trading Volume $122 993 764 946
- Dominance BTC 59.73% ETH 9.10%
Wrapped stETH (wsteth) Live Chart
| Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
|---|---|---|---|---|---|---|
WSTETH
Wrapped stETH
WSTETH
| $ 3 338.28 | + 0.71% | 3 689 351 | 3 689 361 | X-Ray |
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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