Wrap & Unwrap

Stable-balance stETH wrapper for DeFi

Wrap

Unwrap

Get your wstETH on Arbitrum and Optimism for lower gas fees and exciting L2 DeFi opportunities
Unlock fee
 
Gas fee
 
Exchange rate
 
Allowance
0.0 stETH
You will receive
0.0 wstETH

FAQ

What is wstETH?

wstETH is a wrapped version of stETH. Due to the nature of Lido, the amount of stETH on your balance is not constant - it changes daily as staking rewards come in. As some DeFi protocols require a constant balance mechanism for tokens, wstETH keeps your balance of stETH fixed and uses an underlying share system to reflect your earned staking rewards.

Example:
  • You wrap 100 stETH to 99.87 wstETH.
  • You continue to earn rewards on your wstETH.
  • When you unwrap your wstETH, you receive 101 stETH.