Wrapped stETH 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.

Symbol wsteth
Current Price $2,719.29000000
Market Cap $9,397,270,245
Market Cap Rank 14
24h Change -1.97%
Circulating Supply 3,457,291
Total Supply 3,457,291
All-Time High $7,256.02000000
All-Time Low $558.54000000
Twitter Followers 215,899
Last Updated 2024-09-18T20:29:53.783Z

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