Wrap & Unwrap

Stable-balance stETH wrapper for DeFi

Wrap

Unwrap

Unlock fee

 

Gas fee

 

Exchange rate

Unavailable

Allowance

0.0

You will receive

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.