Lido Wrapped Staked ETH Price (wstETH)
wstETHLido Wrapped Staked ETH (wstETH) is currently priced at $3,056.86 USD. The price has increased 0.01% in the last 24 hours. It has a market capitalization of $11,414,205,675.662. Fully diluted valuation: $11,414,205,675.662. Circulating supply is 3,733,963.938 wstETH. Total supply is 3,733,963.938 wstETH.
$3,056.86
- 1D
- +0.01%
- 1M
- +0.3%
- 3M
- +0.53%
- 1Y
- −0.43%
Market Cap$11.4B
Fully Diluted$11.4B
About Lido Wrapped Staked ETH
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.