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Lido Staked Ether

Lido Staked Ether(steth)

2,238.21Price Change 24h: -0.18%Price data by CoinGecko
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Lido Staked Ether Price Converter

steth

24-Hour Range

$2,213.17$2,247.41
LowHigh

Market Cap

Rank#N/A
Market Cap$21.71B
Volume$16.41M

Supply

Circulating9.70M
Total9.70M
Circulating %100.00%

All Time High

ATH$4.93K
ATH Change-54.63%
ATH Date08/24/2025

Lido Staked Ether Price Performance

PeriodChange [%]LowHigh
24h-0.18%$2,213.17$2,247.41
7 days-0.13%$2,213.17$2,247.41
14 days-6.12%$2,207.74$2,432.93
1 month-13.00%$2,225.91$2,441.49
1 year-32.33%$2,177.83$2,256.41

Lido Staked Ether OHLC

DatePriceNet ChangeChange [%]PriceNet ChangeChange [%]
11/07/2026Close2,235.86$+0.820.04%High2,247.41$-185.52-7.63%
Open2,235.04$-187.76-7.75%Low2,213.17$+5.430.25%
11/06/2026Close2,235.04$-187.76-7.75%High2,432.93$-8.56-0.35%
Open2,422.8$+150.226.61%Low2,207.74$-18.17-0.82%
11/05/2026Close2,422.8$+150.266.61%High2,441.49$+139.946.08%
Open2,272.58$+23.161.03%Low2,225.91$-12.52-0.56%
11/04/2026Close2,272.54$+23.121.03%High2,301.55$-8.91-0.39%
Open2,249.42$-23.4-1.03%Low2,238.43$+3.540.16%
11/03/2026Close2,249.42$-23.99-1.06%High2,310.46$+35.941.58%
Open2,272.82$+19.920.88%Low2,234.89$-13.1-0.58%
11/02/2026Close2,273.41$+19.950.89%High2,274.52$+10.630.47%
Open2,252.9$+11.730.52%Low2,247.99$+13.220.59%
11/01/2026Close2,253.46$+12.650.56%High2,263.89$+7.480.33%
Open2,241.17$-8.12-0.36%Low2,234.77$+56.942.61%

* Price information provided by CoinGecko. Day starts at UTC 00:00

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1. What is stETH?

stETH is a type of cryptocurrency token that you receive when you stake Ether (ETH) through the Lido platform. It represents your staked ETH and accumulates staking rewards over time. Essentially, stETH is a liquid version of staked ETH, meaning you can put it to work in DeFi while still earning rewards from staking.

2. How does stETH work?

When you deposit ETH into Lido, new stETH tokens are created for you. These tokens reflect your staking rewards daily through a process called a "rebase," which happens at 12 PM UTC. Your stETH balance grows automatically with the staking rewards.

3. Why does the price of stETH deviate from ETH?

The price of stETH can be different from ETH due to market demand and liquidity. For example, on June 11, 2022, 1 stETH was worth 0.955 ETH because of market liquidity issues. At the time of writing, 1 stETH was 0.9995 ETH.

4. What are the uses of stETH?

You can use stETH like ETH in various decentralized finance (DeFi) activities. This includes earning staking rewards and participating in lending, borrowing, and providing liquidity to earn additional returns.

5. What is the rebase mechanism?

The rebase mechanism updates your stETH balance daily based on the staking rewards accrued. This happens automatically at 12 PM UTC.

6. How are stETH tokens minted and burned?

When you stake ETH with Lido, you receive an equal amount of stETH tokens. If you want to convert stETH back to ETH, the stETH tokens are burned, and the corresponding amount of ETH is given back to you.

7. What are the risks associated with stETH?

Using stETH involves several risks:

  • Liquidity Risk: The value of stETH compared to ETH can change due to market conditions.
  • Governance Risk: Changes in Lido's governing body could affect the staking process or stETH's value.

8. When was stETH launched?

stETH was launched in December 2020 after Ethereum transitioned to the Proof of Stake (PoS) consensus mechanism.

Latest posts about Lido Staked Ether

Lido Revenue Jumps to $605,000 on Execution-Reward Windfall
DeFi

Lido Revenue Jumps to $605,000 on Execution-Reward Windfall

The DAO received 269.69 stETH in staking fees, but its next daily reward report delivered a much smaller treasury payment.
Lido Lend Exit Plan Would Tap Borrower Collateral for Withdrawals
DeFi

Lido Lend Exit Plan Would Tap Borrower Collateral for Withdrawals

Positions nearest liquidation would be tapped first and their debt reduced. Eligibility for healthy loans and the lender’s route to ETH remain unspecified.
Lido Engineer Warns of Staking Deposit Hijack at Glamsterdam
Security

Lido Engineer Warns of Staking Deposit Hijack at Glamsterdam

The related consensus-specs issue was closed as ‘not planned’; its author points to pre-deposit checks as a defense.
Lido Adds Direct ETH Staking From Four Layer 2s to Its Interface
DeFi

Lido Adds Direct ETH Staking From Four Layer 2s to Its Interface

Users receive wstETH from local liquidity pools, while ETH is bridged to Ethereum for staking and the pools are replenished in the background.
VanEck Seeks to Withdraw Lido Staked Ethereum ETF Filing
Tokens

VanEck Seeks to Withdraw Lido Staked Ethereum ETF Filing

The proposed fund would have held stETH directly and offered brokerage-account exposure to Lido’s liquid-staking token. Its registration never became effective.
Lido Unveils Morpho-Based Lending Protocol for Staking Loops
DeFi

Lido Unveils Morpho-Based Lending Protocol for Staking Loops

Lido Lend targets a fourth-quarter launch, with collateral screening and reliable exits among its design goals. DAO votes and technical disclosures are still ahead.
Authors Pull Ethereum Staking Reward Burn From Hegotá
Blockchains

Authors Pull Ethereum Staking Reward Burn From Hegotá

The authors plan a separate issuance-policy process, naming Lido among those offering to help after objections over validator economics and how the change was being considered.
Lido Selects Chainlink CCIP for Cross-Chain Expansion, Citing Security Principles
Infrastructure

Lido Selects Chainlink CCIP for Cross-Chain Expansion, Citing Security Principles

Lido's Network Expansion Committee chose Chainlink CCIP to bridge its staking token across chains, citing security lessons from $3 billion in cross-chain bridge exploits.
Aave Announces 'DeFi United' Relief Fund to Restore rsETH Backing After Kelp Exploit
DeFi

Aave Announces 'DeFi United' Relief Fund to Restore rsETH Backing After Kelp Exploit

Lido is the first service provider to publicly announce its participation in the relief fund via a governance proposal requesting up to 2,500 stETH.
LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme
DeFi

LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme

Lido's token is the only top DeFi token in the green over the past 30 days, fueled by a $20 million treasury repurchase program.