Lido Staked Ether (stETH) is a token that represents your staked ether in Lido, combining the value of initial deposit and staking rewards. stETH tokens are minted upon deposit and burned when redeemed. stETH token balances are pegged 1:1 to the ethers that are staked by Lido and the token’s balances are updated daily to reflect earnings and rewards. stETH tokens can be used as one would use ether, allowing you to earn ETH 2.0 staking rewards whilst benefiting from e.g. yields across decentralised finance products.
Where is Lido Staked Ether available for purchase?
You can exchange STETH tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Lido Staked Ether is Curve (Ethereum), notably the STETH/ETH pair, which saw a trading volume of $ 30,92 MLN. in the past day. Additionally, Bybit and Bitget are popular alternatives for trading tokens.
What is the highest value Lido Staked Ether (STETH) has ever reached?
Lido Staked Ether (STETH) reached its peak price at 4,829.57 $ on 10 November 2021, approximately 4 years ago ago. Presently, the current price is -10.22% lower than this all-time high.
What is the historical minimum price for Lido Staked Ether (STETH)?
The minimum price reached for Lido Staked Ether (STETH) was 482.9 $, documented on 22 December 2020, more than 5 years ago. In comparison, the current price is 797.85%, it above this historical low.
What is the fully diluted valuation of Lido Staked Ether (STETH)?
The fully diluted valuation (FDV) of Lido Staked Ether (STETH) stands at $ 38,03 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of STETH tokens. The realization of this FDV might take several years depending on the emission schedule of STETH tokens.
How to add Lido Staked Ether (STETH) to MetaMask?
By integrating Lido Staked Ether (STETH) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import STETH as a token. You can either manually import STETH by copying its contract address (0xae7ab96520de3a18e5e111b5eaab095312d7fe84) or use MetaMask's Chrome extension to add STETH with a single click through P.CASH.
How to add Lido Staked Ether (STETH) to TrustWallet?
Incorporating Lido Staked Ether (STETH) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include STETH, you can either manually import it using the contract address (0xae7ab96520de3a18e5e111b5eaab095312d7fe84) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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