What Liquid Staked Ethereum is

Liquid Staked Ethereum (LSETH) is a liquid-staking / restaking derivative token, currently ranked 94th by market capitalization among the assets we track. Liquid Staked Ethereum is a liquid-staking token: it represents staked capital (usually ETH) while staying tradeable, so holders earn staking yield without locking their funds. Its value is the underlying stake plus accrued rewards.

Liquid Staked Ethereum (LSETH) is a token representing staked Ethereum that allows holders to earn rewards while retaining liquidity and flexibility with their assets. It enables users to participate in staking without locking up their Ethereum in the staking process.

How the yield and peg work

The token earns because the capital it represents is busy securing a proof-of-stake network. Redemption depends on unstaking mechanics, so liquidity can tighten exactly when markets are stressed.

Background & fundamentals

In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Liquid Staking Token (LST), and Base Ecosystem.

Where Liquid Staked Ethereum sits in the market

Trading around $1,752, Liquid Staked Ethereum carries a market capitalization of $591.96M. Around $3.26M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.55% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Liquid Staked Ethereum carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. The token is roughly -67% under its record of $5,324 — a meaningful but not catastrophic drawdown. Measured from its all-time low of $1,200, LSETH is up +46%.

What the price history shows

Recent moves read 24-hour -1.53%, 7-day -3.51%, 30-day -8.26%, 1-year -22.30%. Within its stored 366-day daily history, LSETH mounted a low-to-high run of roughly 142% at its strongest stretch.

Volatility profile

Recent action puts Liquid Staked Ethereum in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -8.26%, a useful input for stop placement and position sizing.

How to evaluate a liquid-staking token like Liquid Staked Ethereum

For an asset of this type, three lenses matter most:

  • Peg to underlying — whether LSETH trades close to the value of the stake it represents.
  • Provider risk — the smart-contract and validator risk of the staking protocol behind LSETH.
  • Yield and unlocks — the staking yield and how withdrawal queues behave under stress.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.