Wrapped stETH Price (wsteth/CAD)
Wrapped stETH
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Wrapped stETH market data
Trading Volume
24h
Circulating Supply
3,267,902.905696408
99.999%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
3,267,949.157958014
BID
N/A
ASK
N/A
What Is Wrapped stETH (WSTETH)?
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.
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