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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.

Wrapped stETH

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WSTETH	USD
0.1	306.72
1	3,067.21
2	6,134.42
5	15,336.05
10	30,672.11
20	61,344.22
50	153,360.54
100	306,721.09
1000	3,067,210.86

USD	WSTETH
0.1	0.00003260291
1	0.00032602910
2	0.00065205820
5	0.00163014550
10	0.00326029101
20	0.00652058203
50	0.01630145507
100	0.03260291015
1000	0.32602910159

Wrapped stETH Converter

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Price Performance

Price Performance

WSTETH to USD Conversion Table

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