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WSTETH Lido wstETH
WSTETH Price
$3,518.65
+4.62% 24H Volume
$62.06M
WSTETH Explorer & Contracts
Lido wstETH Info
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 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.
wstETH is minted and burned as stETH is wrapped and unwrapped.
Lido wstETH Intel
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