Get Advanced Features by Minting our Key Pass
Wrapped stETH logo

Wrapped stETH

WSTETH$0.00
Trend (24h)
Trend (7d)

Price Data

Analysis

Trade

Ethereum: 0x7f39...2ca0
More

Market Cap

9866265069
#15

All-Time High

7256.02

All-Time Low

558.54

Fully Diluted Valuation

9866265069

Circulating Supply

3503896.51223449 (100%)

Total Supply

3503896.51223449

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.

Wrapped stETH Price Analysis

As of October 11 2024 Wrapped stETH has a marketcap of $9.9B. This is {{percentagefromath}} from its all time high of $7.25602K. In terms of its tokenomics, there's a total supply of 3.5M with 100% currently outstanding. Keep in mind Wrapped stETH has a fully diluted value of $9.9B 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.

Chat GPT LogoClaude LogoSummarized in part by ChatGPT 4 and Claude