What is Wrapped Liquid Staked Ether 2.0?

Wrapped Liquid Staked Ether 2.0 (WSTETH) is a liquid staking derivative currently ranked 16th by market capitalization across all crypto assets we track. Liquid staking tokens represent staked ETH while remaining tradeable — holders earn staking yield without locking their capital.

Market position

At the current price of $2,035, Wrapped Liquid Staked Ether 2.0 carries a market capitalization of $7.24B. Daily trading volume across exchanges sits at roughly $6.15M. That works out to a 24-hour turnover of about 0.09% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.

Price action across timeframes

Over the past 24 hours, Wrapped Liquid Staked Ether 2.0 has moved +1.11%; over the past week, Wrapped Liquid Staked Ether 2.0 has moved -9.75%.

Cycle position

Wrapped Liquid Staked Ether 2.0 is currently trading deeply below its all-time high (all-time high of $5,979, -66.0% from peak). .

Supply & dilution

The circulating supply stands at 3,555,731 WSTETH. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Wrapped Liquid Staked Ether 2.0 in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.

How to evaluate Wrapped Liquid Staked Ether 2.0

A balanced read on WSTETH typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is WSTETH performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Wrapped Liquid Staked Ether 2.0 (WSTETH) is a token representing staked Ether in the Ethereum 2.0 network, designed to enhance liquidity by allowing users to trade or utilize their staked assets. It enables seamless participation in staking while retaining the benefits of being able to use the underlying Ether. Source: CoinPaprika.com