Lido Staked Ether (STETH) is the 17th largest cryptocurrency in the world by market cap, valued at $8,210,466,583. The current price of Lido Staked Ether is $1619.53677, which is -3.028% lower than yesterday. Prices have ranged between $1683.79 and $1625.67 over the past 24 hours. All prices are listed in US dollars and accurate as of February 08, 2023 11:02 UTC.
Lido Staked Ether price chart
Price over the past month
What is Lido Staked Ether?
stETH tokens are the basis of the Lido staking solution, which allows users to enjoy the benefits of staking Ethereum 2.0 while still retaining their Ethereum 1.0 holdings. This is a workaround for one of the chief issues raised by the ETH 2.0 rollout – if you stake your original ETH on the new chain, the wait for transactions to be enabled could be up to 3 years, during which your ETH will be irreversibly locked.
According to Stakehound, Lido allows users to stake ETH on the ETH 2.0 chain, and in exchange offers stETH tokens that are correlated 1:1 with the value of these original ETH holdings. Although they are technically derivatives, they can be used in all the same ways, granting holders valuable liquidity they’d otherwise be denied.
Lido Staked Ether at a glance
Basic stats for Lido Staked Ether
#17
$8 B
5 M
5 M
Liquid staking
Staking
Rewards
Ethereum
Lido Staked Ether news
Blur tops critical metrics in race to ace NFT marketplace, but…
Was the MetaBirkin Verdict Bad for NFTs, or Just for Knockoffs?
Lido Staked Ether performance over time
Lido Staked Ether fundamental and technical analysis
Time frame
Movement
1 day
3.03%
1 week
5.67%
1 month
31.35%
2 months
33.58%
200 days
10.90%
1 year
46.87%
Social activity for Lido Staked Ether
Similar assets
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
More guides on Finder
-
Aptos (APT) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on APT.
-
How to buy Aptos (APT)
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on APT.
-
EthereumPoW (ETHW) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.
-
Coinbase Wrapped Staked ETH (CBETH) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.
-
How to buy EthereumPoW (ETHW)
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.
-
How to buy Coinbase Wrapped Staked ETH (CBETH)
This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.
-
How to buy Optimism (OP)
This guide provides step-by-step instructions on how to buy Optimism, lists some exchanges where you can get it and provides daily price data on OP.
-
How to buy Efinity (EFI)
This guide provides step-by-step instructions on how to buy Efinity, lists some exchanges where you can get it and provides daily price data on EFI.
-
How to buy Threshold Network (T)
This guide provides step-by-step instructions on how to buy Threshold Network, lists some exchanges where you can get it and provides daily price data on T.
-
How to buy UltraSafe (ULTRA)
This guide provides step-by-step instructions on how to buy UltraSafe, lists some exchanges where you can get it and provides daily price data on ULTRA.
Ask an Expert