Wrapped stETH Price
WSTETH
How Much is 1 Wrapped stETH (WSTETH)
Convert WSTETH to your currency
Last Updated on Dec 24, 2025 11:41 PM
What is Wrapped stETH?
About the coin
wstETH is a wrapped version of stETH, which is a token representing staked Ethereum (ETH) in the Lido protocol. Unlike stETH, which rebases or changes account holdings daily, wstETH functions similarly to a c-token. It represents a pro-rata ownership of the staked ETH, meaning that when someone exits wstETH, they receive their principal stETH along with any earnings accrued.
Main features
Lido is a liquid staking protocol designed for Proof of Stake (POS) blockchains. It provides users with a liquid token that represents their staked collateral and earnings over time. This allows users to participate in decentralized finance (DeFi) activities without the need to run their own infrastructure. The protocol simplifies the staking process and enables users to maintain liquidity while earning staking rewards.
How it works
wstETH is created and destroyed as stETH is wrapped and unwrapped. When users wrap their stETH into wstETH, they receive a token that does not change in quantity but increases in value as staking rewards are accrued. This makes wstETH a convenient option for those looking to hold staked ETH in a form that is compatible with various DeFi protocols, while still benefiting from the staking rewards associated with stETH.
Wallet for Wrapped stETH
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Tangem supports networks for Wrapped stETH
- Ethereum
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Wrapped stETH FAQ
- Wrapped stETH is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Its main advantages include speed, accessibility, and compatibility with decentralized tools. The network is optimized to handle different types of operations.
- Yes, both names point to the same token. WSTETH is just the shorthand symbol used for market and wallet displays.
- You can buy Wrapped stETH using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
- Staked ether (stETH) is a cryptocurrency token that aimsto represent an Ethereum token that is "staked" or deposited to support blockchain operations. The token is designed on Lido, a decentralized finance protocol.
- This is becauseETH is widely traded across many platforms, while wstETH is mostly used by people involved in DeFi activities like borrowing, lending, or farming additional rewards. In short, wstETH is perfect for those who want to stake their ETH and earn rewards without locking it up.
- Wrapped stETH (WSTETH) isa token that represents a stable version of staked Ether, designed for use in decentralized finance (DeFi) applications. It is a wrapped version of stETH, which is obtained by staking ETH through Lido's liquid staking platform.
How to secure Wrapped stETH with Tangem Wallet?
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