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Lido Staked ETH

Lido Staked ETH

Liquid staking token representing staked ETH in Lido protocol with daily rebasing rewards.

Launch Year
2020
Consensus
N/A (liquid staking token)
Max Supply
Pegged to staked ETH supply
Block Time
N/A
STETH
STETH
Lido Staked ETH
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap STETH Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Lido Staked ETH Price Chart

STETH / USD
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Data by CryptoCompare

About Lido Staked ETH

stETH is the liquid staking token issued by Lido Finance representing ETH staked on the Ethereum Beacon Chain. The token balance automatically rebases daily to reflect accrued staking rewards — holding 1 stETH today means holding slightly more stETH tomorrow. stETH is deeply integrated in DeFi, usable as collateral on Aave, tradeable on Curve's ETH/stETH pool, and accepted in numerous yield strategies.

History

2020
stETH launched when Lido Finance went live shortly after Ethereum Beacon Chain genesis.
2021
stETH became the dominant liquid staking token; Curve's ETH/stETH pool became one of DeFi's largest.
2022
stETH temporarily depegged during the crypto bear market, trading as low as 0.94 ETH; recovered post-Merge.
2023
Ethereum's Shanghai upgrade enabled staking withdrawals; stETH/ETH peg became extremely tight.
2024
stETH remained dominant liquid staking token with over 30% of all staked ETH.

How to Swap STETH

To swap Lido Staked ETH (STETH) on SyntheticSwap, no account creation or KYC is required. STETH runs on the Ethereum blockchain as an ERC-20 token, compatible with MetaMask, Ledger, Rainbow, and any Web3 wallet. Navigate to SyntheticSwap, choose STETH as either source or target, enter your wallet address for the destination asset, and send STETH from your personal wallet to the deposit address shown. Swaps typically settle within a few Ethereum block confirmations, and your destination asset lands directly in your specified wallet.

How to Store STETH

Store stETH in MetaMask, Ledger, or any Ethereum wallet. The balance will automatically increase daily as staking rewards accrue.

Frequently Asked Questions