About Lido Staked ETH
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.
Trading Insights
Searched
61
Market Stats
Market Cap
£23.23B
2.58%
FDV
£23.23B
Circ. Supply
9.1M stETH
Max Supply
Not enough data
Total Supply
9.1M stETH
Diluted Valuation
£31.17B
Performance
Popularity
Not enough data
Dominance
0.84%
Volume (24H)
£118.31M
74.58%
Volume (7D)
£782.52M
Volume (30D)
£1.29B
All time high
£3.50K
Price Change (1Y)
-0.19%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Lido Staked ETH has increased by 0.31% in the last hour and increased by 2.76% in the past 24 hours. Lido Staked ETH’s price has also risen by 21.89% in the past week. The current price is £2,554.99 per stETH with a 24-hour trading volume of £118.31M. Currently, Lido Staked ETH is valued at 26.95% below its all time high of £3,497.49. This all-time high was the highest price paid for Lido Staked ETH since its launch.
The current circulating supply of Lido Staked ETH is 9,108,444.065 stETH which means that Lido Staked ETH has as total market cap of £23,228,611,140.57.
Market details
stETH vs markets
↘ 39.22%
stETH vs BTC
↘ 46.63%
stETH vs ETH
↘ 0.4%
Tags
defi
eth-staking
liquid-staking-derivatives
restaking
+1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84 | |
Solana | H2mf9QNdU2Niq6QR7367Ua2trBsvscLyX5bz7R3Pw5sE | |
Terra Classic | terra1w7ywr6waxtjuvn5svk5wqydqpjj0q9ps7qct4d |
Price history
Time | Price | Change |
|---|---|---|
Today | £2,554.99 | ↗ 2.76% |
1 Day | £2,485.58 | ↗ 2.76% |
1 Week | £2,068.20 | ↗ 21.89% |
1 Month | £1,885.02 | ↗ 35.21% |
1 Year | £2,647.54 | ↘ 0.19% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
stETH is a tokenized form of staked Ethereum that can be used in Lido liquid stakingprotocol. Lido DAO is a platform that offers liquid staking services for Ethereum. The platform provides staking rewards to the users without maintaining staking infrastructure or locking the assets.
Lido helps develop state-of-the-art liquid staking protocols for the growth of the staking economy. In fact, while staking Lido, users mint staked tokens fixed to 1:1 to the initial stake of the user. Such staked tokens can be accessed all over the DeFi ecosystem for compounding the yield of the users.
The staking on the initial stages of Ethereum 2.0 consists of high market risk regarding frozen staked assets. Therefore, no can withdraw their staked ether and sell them on any exchange. However, the Lido liquid staking protocol is an Ethereum 2.0 based liquid staking protocol that aims to solve the mentioned issue. The users of the Lido protocol can deposit their ether in Lido smart contracts and receive stETH in return.
stETH token is devoid of issues related to lack of liquidity and can be transferred at any time. As a matter of fact, stETH token balance is calculated based on the sum total number staked ether and rewards, minus the penalties. One of the goals of Lido is to offer stETH coin as a collective and building block for other protocols and applications like as collateral in lending or different kinds of trading DeFi solutions.
Interestingly, to stake ether with Lido, the users employ smart contracts for achieving stETH in retuned. In fact, the token can be held, sold, or traded. It is important to note that the funds deposited in the Lido protocol smart contract are locked into Ethereum proof-of-stake deposit contract. Therefore, the staked ether can be withdrawn only during the implementation of smart contracts, and transfers are made on Ethereum2.0.
The all-time high price of Lido stETH was $4,982.43 on November 16, 2021. The all-time low price of stETH was $551.78 on December 24, 2020. The total supply of Lido stETH is 1,651,390.
We update our Lido Staked ETH to GBP currency in real-time. Get the live price of Lido Staked ETH on Coinbase.
The current market cap of Lido Staked ETH is £23.23B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Lido Staked ETH is £3,497.49. This all-time high is highest price paid for Lido Staked ETH since it was launched.
Over the last 24 hours, the trading volume of Lido Staked ETH is £118.31M.
Assets that have a similar market cap to Lido Staked ETH include LAMA Trust Coin v2, Wrapped TRON, BABY PEPE, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Lido Staked ETH is 9.1 million.
Lido Staked ETH news
Trending articles
Lido Staked ETH calculator
1 Lido Staked ETH (stETH) to Real (BRL)
R$19,012.17
1 Lido Staked ETH (stETH) to Nigerian Naira (NGN)
NGN 5,237,095.10
1 Lido Staked ETH (stETH) to South Korean Won (KRW)
₩4,768,042.59
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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