wstETH/WETH
1%
wstETH/WETH Price Stats
The current price of wstETH (wstETH/WETH) on Uniswap V3 (Arbitrum) is $1,960.04, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.07465 with a total of 4 transactions. wstETH/WETH contract address is 0x62bc45b7ea9b854facce545a267295d8eb4a58f7, with a Fully Diluted Valuation (FDV) of $59.45M and a liquidity pool of $35,471.71.
About Wrapped liquid staked Ether 2.0 (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.