Wrapped stETH

Wrapped stETH Basic Information

Symbol: WSTETH

Price: $3871.16

Volume: $96,406,903

Market Cap: $13,571,979,628

Fully Diluted Value: 13,571,979,628

Short Term Beta: For Premium Users Only

Beta: For Premium Users Only

Futures Curve: For Premium Users Only

Total Supply: 3,515,386

Type: Crypto Token

Wrapped stETH Trading Chart

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Wrapped stETH on Exchanges

Learn more 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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