Lido Staked Ether
STETH

1170.0
$
1.45 %
Change 24h
Market Cap
$ 5,570,501,006
Volume 24h
$ 23,381,322
Circulating Supply
4,770,624
Total Supply
4,418,667
STETH
$
# Exchange Pair Price Volume 24h

Description

Lido Staked Ether (stETH) is a token that represents your staked ether in Lido, combining the value of initial deposit and staking rewards. stETH tokens are minted upon deposit and burned when redeemed. stETH token balances are pegged 1:1 to the ethers that are staked by Lido and the token’s balances are updated daily to reflect earnings and rewards. stETH tokens can be used as one would use ether, allowing you to earn ETH 2.0 staking rewards whilst benefiting from e.g. yields across decentralised finance products.