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Lido Staked Ether

Lido Staked Ether(steth)

$2,059.73Price Change 24h: -1.00%Price data by Coingecko logoCoinGecko

Lido Staked Ether Price Chart

Lido Staked Ether Price Converter

steth

24-Hour Range

$2,039.5 $2,059.73
LowHigh

Market Cap

Rank#11
Market Cap$19.25B
Volume$10.81M

Supply

Circulating9.35M
Total9.35M
Created on01/01/1970

All Time High

ATH$4.83K
ATH Change-57.41%
ATH Date11/10/2021

Lido Staked Ether Price Perfomance

PeriodChange [%]LowHigh
24h-1.00%$2,039.5$2,098.29
7 days9.05%$1,788.84$1,955.28
14 days8.29%$1,788.84$1,955.28
1 month-26.32%$2,774.08$2,806.28
1 year-40.06%$3,416.23$3,633.27

Lido Staked Ether OHLC

DatePriceNet ChangeChange [%]PriceNet ChangeChange [%]
03/19/2025Close1,931.183.020.16%High1,931.18-18.13-0.93%
Open1,922.3835.771.90%Low1,871.82-11.33-0.60%
03/18/2025Close1,928.1641.792.22%High1,949.3111.310.58%
Open1,886.61-48.84-2.52%Low1,883.1514.670.79%
03/17/2025Close1,886.37-51.88-2.68%High1,938-12.36-0.63%
Open1,935.4527.061.42%Low1,868.48-34.85-1.83%
03/16/2025Close1,938.2531.061.63%High1,950.3613.630.70%
Open1,908.3949.492.66%Low1,903.3344.432.39%
03/15/2025Close1,907.1945.742.46%High1,936.7325.611.34%
Open1,858.9-43.47-2.29%Low1,858.932.431.78%
03/14/2025Close1,861.45-46.59-2.44%High1,911.12-26.94-1.39%
Open1,902.37-18.33-0.95%Low1,826.47-12.79-0.70%
03/13/2025Close1,908.04-10.43-0.54%High1,938.06-17.22-0.88%
Open1,920.750.142.68%Low1,839.2650.422.82%

* 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

February 11, 2025
Lido Unveils V3 Upgrade, Enhancing Ethereum Staking for Institutions

Lido Unveils V3 Upgrade, Enhancing Ethereum Staking for Institutions

New stVaults feature introduces modular and customizable staking solutions.
November 19, 2024
California Rules Governance Participants Are Liable For Lido DAO's Actions

California Rules Governance Participants Are Liable For Lido DAO's Actions

The ruling suggests ordinary DAO members could be liable for the actions of a web3 project.
November 06, 2024
defi logos with green arrow

DeFi Tokens Outperform Amid Broad Crypto Rally

Uniswap and Lido are today’s top gainers among the Top 100 digital assets.
October 25, 2024
Lido Greenlights Permissionless Ethereum Staking With 2.4 ETH Collateral

Lido Greenlights Permissionless Ethereum Staking With 2.4 ETH Collateral

Lido users will be able to launch validators with just a 2.4 ETH bond.
August 28, 2024
chart showing losses

Lido is Still Unprofitable Despite Being the Largest DeFi Protocol

The Ethereum liquid staking platform has only had seven months of positive income.
August 13, 2024
Lido Community Approves Bridging wstETH Onto BNB Chain

Lido Community Approves Bridging wstETH Onto BNB Chain

The vote greenlit Wormhole and Axelar to serve as the canonical bridge for wstETH on BNB Chain.
July 29, 2024
Aave Launches Lido-Only V3 Deployment

Aave Launches Lido-Only V3 Deployment

The new market exclusively supports liquidity pools for Lido’s stETH and wrapped stETH liquid staking token.
June 28, 2024
depiction of the SEC

SEC Targets Ethereum Liquid Staking

The lawsuit alleging Lido and Rocket Pool are violating securities laws comes less than two weeks after the SEC dropped its Ethereum investigation.
June 21, 2024
Aave Community Backs Lido Alliance, Greenlighting stETH-Focused V3 Deployment

Aave Community Backs Lido Alliance, Greenlighting stETH-Focused V3 Deployment

Aave’s community passed a proposal to launch a Lido-focused deployment of v3 designed to facilitate recursive stETH borrowing.
June 12, 2024
Mellow Finance to Help Lido Hold On to its Place as Largest DeFi Protocol

Mellow Finance to Help Lido Hold On to its Place as Largest DeFi Protocol

The liquid restaking protocol could help boost Lido's stETH market cap.