Current Price (USD): $1,647
Current Market Cap (USD): $14,502,962,080
All-Time High: $4,775
All-Time Low: $596
Price Change (24h): -1%
Price Change (30d): 0%
Price Change (90d): N/A%
Summary: 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.
Webpage: https://www.lido.fi
