Current stETH Price Overview
- Price: $2,544
- 24h Change: -1.86%
- Price Range: $2,527 – $2,630
- Market Cap: $23.16B
- Circulating Supply: 9.10M stETH (100% of total supply)
👉 Track stETH price in real-time
What Is Lido Staked Ether (stETH)?
Lido is a liquid staking protocol for Ethereum 2.0, designed to address challenges like illiquidity and immovability of staked ETH. Users deposit ETH to receive stETH tokens, which represent their staked ETH plus rewards. Key features:
- 1:1 Peg to ETH: stETH mirrors ETH’s value and can be used across DeFi platforms.
- Governance by DAO: Lido DAO (using LDO tokens) votes on fees, node operators, and protocol upgrades.
- Multi-Chain Support: Also available for Terra, Solana, Polygon, and Cosmos.
How Does Lido Staking Work?
- Deposit ETH: Users lock ETH into Lido’s smart contracts.
- Batch Staking: Node operators stake ETH in 32-ETH batches on Ethereum 2.0.
- Reward Distribution: Staking rewards are paid in stETH (10% fee split between node operators and the Lido Treasury).
Use Cases for stETH
stETH integrates seamlessly into DeFi ecosystems:
- Liquidity Pools: Balancer, Curve.
- Collateral: MakerDAO loans.
- Yield Farming: Harvest Finance.
👉 Explore stETH trading platforms
stETH Market Data
| Metric | Value |
|---|---|
| All-Time High | $4,119 (Dec 2021) |
| 24h Volume | $8.63M |
| Total Supply | 9.10M stETH |
| Market Dominance | 0.66% |
Where to Buy stETH
Top exchanges by liquidity:
- CEXs: Gate.io, Bybit Swap.
- DEXs: Uniswap V2.
FAQ
Q: Is stETH safe to hold?
A: Yes, stETH is backed 1:1 by ETH and audited smart contracts.
Q: Can I unstake stETH anytime?
A: No—unstaking requires Ethereum 2.0 upgrades, but stETH can be traded freely.
Q: What’s the staking reward rate?
A: Varies with network activity; historically ~4–7% APR.
Keywords: Lido Staked Ether, stETH price, liquid staking, Ethereum 2.0, DeFi, stETH to USD, Lido DAO.
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