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Wrapped liquid staked Ether 2.0 logo

Wrapped liquid staked Ether 2.0

WSTETH
Rank #12
$5,212.03
0.00% (24h)

Wrapped liquid staked Ether 2.0 to USD Chart

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Wrapped liquid staked Ether 2.0 / USDT Candlestick Chart

Technical Analysis for WSTETH/USDT

Where to Buy Wrapped liquid staked Ether 2.0 (Markets)

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Market Statistics

Market Cap $16.52B
24h Volume $202.09M
Circulating Supply 3.17M WSTETH
Total Supply 3.17M WSTETH
Max Supply N/A
All-Time High $11,664.34 (On Feb 01, 2025)

About Wrapped liquid staked Ether 2.0

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.