Lido Staked Ether
STETH

149,933
0.84 %
Change 24h
Market Cap
₹ 629,443,544,461
Volume 24h
₹ 17,810,810,361
Circulating Supply
4195378
Total Supply
1,417,977
STETH
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.