Overview
Overview
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.
This overview is imported from market-data provider metadata. Project claims should be checked against the linked documentation and on-chain evidence.
Identity
- Name: Wrapped stETH
- Symbol: WSTETH
- Provider-listed chain: ethereum
Names and ticker symbols are not unique. Match the network and contract address against the project's documentation and a block explorer before identifying a token.
Sources and further reading
- Project website (provider-listed)
- Source code (provider-listed)
- Block explorer 1
- Block explorer 2
- Block explorer 3
- CoinGecko identity and metadata
A provider listing establishes how the asset is catalogued; it does not independently verify project claims or endorse the asset.