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Rank #13

Wrapped stETH / WSTETH

Crypto-Backed TokensDecentralized Finance (DeFi)Wrapped-TokensLiquid Staking TokensEthereum EcosystemLiquid Staking+2 more
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Price Overview

$3,978.98

24h +2.15%

0.04287037 BTC

1h

-1.31%

24h

+2.15%

7d

+8.86%

30d

+8.42%

24h High$4,039.39
24h Low$3,872.72
All-Time High$7,256.02
ATH Change-44.90%
All-Time Low$558.54
ATL Change+615.75%

Market Depth

Market Capitalization

$12.85B

24h Volume

$32.39M

Volume / Market Cap

0.00

Fully Diluted Valuation

$12.85B

Supply & Sentiment

Circulating Supply

3,230,746 WSTETH

Total Supply

3,230,561 WSTETH

Max Supply

N/A WSTETH

Votes Up

+50.00%

Votes Down

+50.00%

Project Overview

What is Wrapped stETH?

View on CoinGecko
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.

Key Facts

Hashing Algorithm
N/A
Genesis Date
N/A
Twitter Followers
N/A
Reddit Subscribers
0
Telegram Users
10,659