Wrapped Beacon ETH

WBETH is a liquid staking token, where 1 WBETH represents 1 ETH and the total staking rewards accrued by the ETH token on ETH Staking.

WBETH will allow users to obtain immediate liquidity and participate in DeFi projects, while ensuring their eligibility to receive the corresponding ETH Staking rewards accrued.

On-chain users can stake their ETH to obtain WBETH by interacting with the official smart contract provided by Binance. Binance users can wrap their BETH tokens to WBETH, and unwrap their WBETH to BETH tokens on the Binance ETH Staking page at zero fees.

Wrapped Beacon ETH Price Analysis

As of December 21 2024 Wrapped Beacon ETH has a marketcap of $259M. This is {{percentagefromath}} from its all time high of $4.31706K. In terms of its tokenomics, there's a total supply of 71K with 100% currently outstanding. Keep in mind Wrapped Beacon ETH has a fully diluted value of $259M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude