Wrap & Unwrap
Stable-balance stETH wrapper for DeFi
Wrap
Unwrap
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.
How can I get wstETH?
How can I use wstETH?
Do I get my staking rewards if I wrap stETH to wstETH?
Do I need to claim my staking rewards if I wrap stETH to wstETH?
How do I unwrap wstETH back to stETH?