Real-Time STETH Price Analysis
The current live price of Lido stETH is $2,551.68**, with a 24-hour trading volume of **$7,890,344. Over the past 24 hours, STETH has experienced a 1.69% decrease, while showing a 4.03% increase over the last 7 days. Lido stETH's market capitalization stands at $23,225,702,134, with a circulating supply of 9,102,106 STETH tokens. It currently ranks #10 in the cryptocurrency market.
Today's Lido stETH price is 48.79% below its all-time high and 1,726.16% above its historical low. All data and prices are updated in real-time.
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What Is Lido stETH?
Lido stETH (Staked Ether) is a derivative token representing ETH staked at a 1:1 ratio. It's the native token of Lido, a decentralized finance platform functioning as a liquid staking protocol. Notably, Lido pioneered the first ETH-based liquid staking protocol.
When users stake ETH through Lido, they receive stETH in return. The staking process is powered by the Ethereum Beacon Chain, with Lido charging a 10% staking fee. There's no guarantee that stETH's price will exceed its inherent ETH value.
Once Ethereum 2.0 fully launches, stETH tokens can be redeemed for ETH and burned. Alternatively, holders can technically unstake by selling their stETH tokens.
What Is Lido DAO?
Lido operates as a decentralized autonomous organization (DAO) that enables efficient ETH staking methods through its non-custodial staking solution.
Key Features of Lido stETH
- Retains all ETH functionalities for seamless buying/selling
- Transforms ETH into liquid assets
- Balances update every 24 hours
When Was Lido stETH Launched?
Lido was founded in December 2020.
FAQ Section
What is STETH's 24-hour trading volume?
STETH traded $7,890,344 in the past 24 hours.
What is Lido stETH's all-time high price?
STETH peaked at $4,982.43 on November 16, 2021.
What is Lido stETH's all-time low price?
STETH bottomed at $139.73 on December 11, 2022.
Where can I securely store STETH?
👉 Ledger hardware wallets offer the safest storage solution for STETH tokens.
Market Insights
Lido stETH continues to demonstrate strong market presence, combining Ethereum's security with liquid staking flexibility. Its price movements reflect broader ETH market trends while offering unique staking rewards.
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All data accurate as of latest market update. Prices subject to volatility.
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