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 $2,178.61000000
Market Cap $7,825,454,512
Market Cap Rank 18
Market cap change percentage 24h -2.15%
24h Change -2.36%
High 24h $2,313.50
Low 24h $2,138.01
Circulating Supply 3,593,789
Total Supply 3,593,789
All-Time High $7,256.02 (13 May 2022 15:09:54)
All-Time Low $558.54 (13 May 2022 01:36:45)
Twitter Followers 221,403
Last Updated 2025-04-03T08:29:50.759Z

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