Advertiser disclosure
Advertiser disclosure
STETH

Lido Staked Ether Price Today - stETH Live Charts

$ 1,792.74 Ƀ 0.01909422
  • MarketCap
    $ 16,559,947,375
  • Volume
    $ 24,326,291
  • Change
    0.06%
staked-etherLido Staked Ether
$ 1,792.74
$ 1,792.74
0.06%
1.573,07
STETH
Lido Staked Ether (STETH)
$ 1,792.74
STETH
Lido Staked Ether (STETH)
author
author
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
By Marcel Deer
author
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
on May 01, 2023 | 3 min
Updated on Apr 24, 2024

Overview: What is Lido Staked Ether (stETH)?

Lido Staked Ether or stETH is a token that represents Ether (ETH) that has been staked on the Lido Finance liquid staking platform. stETH is designed to be a liquidity token. You deposit ETH into a smart contract on Lido’s network in exchange for the same amount of stETH, which can then be traded, exchanged, or borrowed against. Staked tokens are locked up on a network to provide liquidity.

How Did Lido Staked Ether (stETH) Start?

Ethereum moved to a Proof-of-Stake (PoS) consensus mechanism to become more secure and energy efficient. In this new system, ETH owners can stake their cryptocurrency and participate in validating transactions on the Ethereum blockchain in return for annual percentage yield (APY) rewards.

The Ethereum rule for ETH owners who want to become validators states that they must stake at least 32 ETH or contribute to a validation pool; both options lock up these cryptocurrency holdings.

Lido Finance, however, allows ETH owners to stake any amount of Ether in exchange for an equal amount of stETH. This means they can continue to use their holdings as stETH.

How Does StETH Work?

Users of the Lido platform stake ETH by being deposited into a smart contract on the Lido network; they receive stETH in return on a 1:1 ratio.

stETH owners can then use and trade their stETH tokens, and staked ETH on Lido generates an Annual Percentage Rate (APR) rather than an APY. stETH can also be used across other platforms to create additional yields for the owner; these options each have their risks.

How is the stETH Price Determined?

As stETH is a liquidity token exchanged for staked ETH on a 1:1 ratio, Lido staked Ether should follow the price of ETH. So, if the price of ETH rises or falls, stETH price will follow along. Lido staked Ether (stETH) price is influenced by the price of ETH and by the same factors that change the price of ETH.

In early 2022, stETH “decoupled” from the price of ETH amidst cryptocurrency market volatility. The price of stETH fell well below the price of ETH, then tracked ETH’s price at a lower value until later in 2022. stETH price can be within a few dollars of ETH price.

It is important to note that stETH is not a stablecoin.

What is the All-Time High for Lido Staked Ether (stETH)?

Lido Staked Ether (stETH) reached its all-time high of $4982.42 in November 2021.

What is the All-Time Low for Lido Staked Ether (stETH)?

The lowest Lido Staked Ether (stETH) has ever been quoted was $482.90 in December 2020.

Where Can You Buy stETH?

Ether (ETH) can be staked on the Lido platform in return for stETH, and stETH can be bought or traded on popular cryptocurrency exchanges.

Lido Staked Ether (stETH) can also be traded at some cryptocurrency CFD brokers.

Most frequently asked questions about Lido Staked Ether

Is it risky to stake with Lido?

There is always risk with cryptocurrencies, liquidity staking platforms, and exchanges. Smart contracts can have flaws or vulnerabilities. However, Lido is known to take its smart contract security seriously, and the platform is generally well-rated.

 

Is it safe to stake Ethereum on Lido?

Any platform or exchange carries risk for traders and investors. Lido is well-rated and has a good reputation for the security and transparency of its platform.

 

How much ETH is staked in Lido?

There is a substantial amount of ETH staked with Lido. At the time of writing, the total staked with Lido is 8,596,446.885 ETH. Lido Finance publishes its current statistics on its site.

 

Can I convert stETH to ETH?

Yes, stETH can be traded for ETH on several popular cryptocurrency exchanges.

 

Is staking on Lido taxable?

Staking on Lido may be taxable, depending upon your local tax laws. If in doubt, take advice from a tax professional.

 

How often is stETH paid?

stETH token balances are updated daily at 12 PM UTC, which means stETH holders receive daily rewards reflected in their wallet balances.

 

Does stETH increase in value?

Lido Staked Ether (stETH) price follows that of Ether (ETH), so it may increase or decrease in value.

 

How do I withdraw from Lido stETH?

stETH can be unstaked and exchanged back to Ether (ETH) on the Lido platform.

 

How to exchange Lido Staked Ether?

Lido Staked Ether (stETH) can be unstaked and exchanged back to ETH on the Lido platform. stETH can also be bought and sold on popular cryptocurrency exchanges.

 

How to store Lido Staked Ether coin?

Lido Staked Ether (stETH) can be stored in compatible cryptocurrency wallets and in more secure cold storage hardware wallets that support Ethereum.

author
About Marcel Deer
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
bitcoinBitcoin
$ 93,889.16
$ 93,889.16
0.4%
osmosis-allbtcOsmosis allBTC
$ 93,657.09
$ 93,657.09
0.78%
batcatbatcat
$ 0.000035
$ 0.000035
0.31%
ethereumEthereum
$ 1,794.74
$ 1,794.74
0.08%
bridged-wrapped-ether-starkgateBridged Ether (StarkGate)
$ 1,794.06
$ 1,794.06
0.11%
osmosis-allethOsmosis allETH
$ 1,791.52
$ 1,791.52
0.17%
the-ticker-is-ethThe Ticker Is ETH
$ 0.000174
$ 0.000174
10.78%
tetherTether
$ 1.00
$ 1.00
0%
polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon)
$ 1.00
$ 1.00
0.01%
mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle)
$ 1.00
$ 1.00
0.18%
cronos-bridged-usdt-cronosCronos Bridged USDT (Cronos)
$ 0.99996
$ 0.99996
0.01%
bridged-tether-opbnbBridged Tether (opBNB)
$ 1.00
$ 1.00
0%
bridged-tether-starkgateBridged Tether (StarkGate)
$ 1.00
$ 1.00
0%
polygon-hermez-bridged-usdt-x-layerPolygon Hermez Bridged USDT (x Layer)
$ 1.00
$ 1.00
0%
kucoin-bridged-usdt-kucoin-community-chainKCC Bridged USDT (Kucoin Community Chain)
$ 1.01
$ 1.01
0.64%
bridged-tether-scrollBridged Tether (Scroll)
$ 0.998126
$ 0.998126
0.16%
tether-pulsechainBridged Tether (PulseChain)
$ 0.997539
$ 0.997539
0.57%
bridged-tether-lineaBridged Tether (Linea)
$ 0.999805
$ 0.999805
0.15%
bridged-usdt-immutable-zkevmImmutable Toolkit Bridged USDT (Immutable zkEVM)
$ 0.991338
$ 0.991338
0.3%
bridged-usdt-coreBridged USDT (Core)
$ 1.00
$ 1.00
0.03%
kaia-bridged-usdt-kaiaKaia Bridged USDT (Kaia)
$ 1.00
$ 1.00
0.11%
layerzero-bridged-usdt-etherlinkBridged USDT (Etherlink)
$ 0.970469
$ 0.970469
0%
ibc-bridged-usdtIBC Bridged USDT
$ 1.00
$ 1.00
0.03%
gnosis-xdai-bridged-usdt-gnosisGnosis xDai Bridged USDT (Gnosis)
$ 1.00
$ 1.00
0.26%
celer-bridged-usdt-confluxCeler Bridged USDT (Conflux)
$ 1.00
$ 1.00
0%
morph-l2-bridged-usdt-morph-l2Morph L2 Bridged USDT (Morph L2)
$ 1.00
$ 1.00
0%
bob-network-bridged-usdt-bob-networkBOB Network Bridged USDT (BOB Network)
$ 1.00
$ 1.00
0.12%
polygon-hermez-bridged-usdt-polygon-zkevmPolygon Hermez Bridged USDT (Polygon zkEVM)
$ 1.00
$ 1.00
0.17%
stargate-bridged-usdt-flare-networkStargate Bridged USDT (Flare Network)
$ 1.00
$ 1.00
0.06%
duckchain-bridged-usdt-duckchainDuckChain Bridged USDT (DuckChain)
$ 1.23
$ 1.23
14.68%
soneium-bridged-usdt-soneiumSoneium Bridged USDT (Soneium)
$ 1.00
$ 1.00
0.12%
osmosis-allusdtOsmosis allUSDT
$ 0.997926
$ 0.997926
0.34%
lisk-bridged-usdtLisk Bridged USDT (Lisk)
$ 1.00
$ 1.00
0.4%
mode-bridged-usdt-modeMode Bridged USDT (Mode)
$ 1.00
$ 1.00
0.17%
zircuit-bridged-usdt-zircuitZircuit Bridged USDT (Zircuit)
$ 1.00
$ 1.00
0%
thundercore-bridged-usdt-thundercoreThundercore Bridged USDT (Thundercore)
$ 1.00
$ 1.00
0.01%
edu-chain-bridged-usdt-edu-chainEDU Chain Bridged USDT (EDU Chain)
$ 1.00
$ 1.00
0.04%
units-network-bridged-usdt-units-networkUnit0 Network Bridged USDT (Unit0 Network)
$ 1.00
$ 1.00
0%
symbiosis-bridged-usdt-bahamutSymbiosis Bridged USDT (Bahamut)
$ 0.991632
$ 0.991632
0.58%
beam-bridged-usdt-beamBeam Bridged USDT (Beam)
$ 1.01
$ 1.01
0.84%
stargate-bridged-usdc-iota-evmStargate Bridged USDT (Iota EVM)
$ 0.999281
$ 0.999281
0.32%
bridged-tether-fuseBridged Tether (Fuse)
$ 1.00
$ 1.00
0%
viction-bridged-usdtViction Bridged USDT
$ 1.00
$ 1.00
0%
taraxa-bridged-usdt-taraxaTaraxa Bridged USDT (Taraxa)
$ 1.00
$ 1.00
0%
pundi-aifx-omnilayer-bridged-usdt-pundi-aidx-omnilayerPundi AIFX Omnilayer Bridged USDT (Pundi AIFX Omnilayer)
$ 1.00
$ 1.00
0%
l2-standard-bridged-usdt-baseL2 Standard Bridged USDT (Base)
$ 0.999585
$ 0.999585
0%
shimmerbridge-bridged-usdt-shimmerevmShimmerBridge Bridged USDT (ShimmerEVM)
$ 1.01
$ 1.01
0%
nova-tether-usdNova Merged USDT (zkLink)
$ 1.00
$ 1.00
0%
kroma-bridged-usdt-kromaKroma Bridged USDT (Kroma)
$ 0.999674
$ 0.999674
0.4%
stargate-bridged-usdt-fuseStargate Bridged USDT (Fuse)
$ 0.995026
$ 0.995026
0.08%
areon-bridged-usdt-areon-networkAreon Bridged USDT (Areon Network)
$ 0.998466
$ 0.998466
0.04%
larissa-bridged-usdt-larissaLarissa Bridged USDT (Larissa)
$ 1.00
$ 1.00
0%
usd-coinUSDC
$ 1.00
$ 1.00
0.01%
binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain)
$ 1.00
$ 1.00
0.07%
cronos-bridged-usdc-cronosCronos Bridged USDC (Cronos)
$ 0.999862
$ 0.999862
0.05%
bridged-usd-coin-starkgateBridged USD Coin (StarkGate)
$ 1.00
$ 1.00
0%
zksync-bridged-usdc-zksynczkSync Bridged USDC (zkSync)
$ 1.00
$ 1.00
0%
mantle-bridged-usdc-mantleMantle Bridged USDC (Mantle)
$ 1.00
$ 1.00
0.16%
gnosis-xdai-bridged-usdc-gnosisGnosis xDAI Bridged USDC (Gnosis)
$ 1.00
$ 1.00
0.75%
bridged-usd-coin-scrollBridged USD Coin (Scroll)
$ 0.999214
$ 0.999214
0.17%
bridged-usd-coin-lineaBridged USD Coin (Linea)
$ 0.999818
$ 0.999818
0.02%
usd-coin-pulsechainBridged USD Coin (PulseChain)
$ 0.999676
$ 0.999676
0.03%
layerzero-bridged-usdc-etherlinkBridged USDC (Etherlink)
$ 0.993677
$ 0.993677
0.04%
eclipse-bridged-usdc-eclipseEclipse Bridged USDC (Eclipse)
$ 0.999744
$ 0.999744
0.11%
multichain-bridged-usdc-fantomMultichain Bridged USDC (Fantom)
$ 0.056993
$ 0.056993
6.87%
bridged-usdc-immutable-zkevmBridged USDC (Immutable zkEVM)
$ 0.99158
$ 0.99158
1.23%
multichain-bridged-usdc-kavaMultichain Bridged USDC (Kava)
$ 1.00
$ 1.00
0.01%
harmony-horizen-bridged-usdc-harmonyHarmony Horizen Bridged USDC (Harmony)
$ 0.227084
$ 0.227084
3.42%
synapse-bridged-usdc-cantoSynapse Bridged USDC (Canto)
$ 1.00
$ 1.00
0%
celer-bridged-usdc-astarCeler Bridged USDC (Astar)
$ 1.00
$ 1.00
0%
rainbow-bridged-usdc-auroraRainbow Bridged USDC (Aurora)
$ 0.999865
$ 0.999865
0.02%
cronos-zkevm-bridged-usdc-cronos-zkevmCronos zkEVM Bridged USDC (Cronos zkEVM)
$ 1.00
$ 1.00
0%
bridged-usd-coin-manta-pacificBridged USD Coin (Manta Pacific)
$ 1.00
$ 1.00
0.04%
taiko-bridged-usdc-taikoTaiko Bridged USDC (Taiko)
$ 1.00
$ 1.00
0.01%
kucoin-bridged-usdc-kucoin-community-chainKucoin Bridged USDC (KuCoin Community Chain)
$ 1.05
$ 1.05
0.25%
mode-bridged-usdc-modeMode Bridged USDC (Mode)
$ 1.00
$ 1.00
0%
polygon-hermez-bridged-usdc-polygon-zkevmPolygon Hermez Bridged USDC (Polygon zkEVM)
$ 1.00
$ 1.00
0.07%
bridged-usdc-coreBridged USDC (Core)
$ 1.00
$ 1.00
0.02%
wormhole-bridged-usdc-fantomWormhole Bridged USDC (Fantom)
$ 1.00
$ 1.00
0.72%
most-bridged-usdc-aleph-zeroMost Bridged USDC (Aleph Zero)
$ 0.988651
$ 0.988651
0.17%
beam-bridged-usdc-beamBeam Bridged USDC (Beam)
$ 1.01
$ 1.01
0.76%
synapse-bridged-usdc-elastosSynapse Bridged USDC (Elastos)
$ 0.995051
$ 0.995051
0.5%
bifrost-bridged-usdc-bifrostBifrost Bridged USDC (Bifrost)
$ 1.00
$ 1.00
0.01%
celer-bridged-usdc-confluxCeler Bridged USDC (Conflux)
$ 0.997756
$ 0.997756
0.43%
symbiosis-bridged-usdc-bahamutSymbiosis Bridged USDC (Bahamut)
$ 0.999993
$ 0.999993
0.03%
meter-passport-bridged-usdc-meterMeter Passport Bridged USDC (Meter)
$ 0.979756
$ 0.979756
0.18%
morph-l2-bridged-usdc-morph-l2Morph L2 Bridged USDC (Morph L2)
$ 0.99108
$ 0.99108
0.78%
force-bridge-usdcBridged USD Coin (Force Bridge)
$ 0.999102
$ 0.999102
0.31%
official-arbitrum-bridged-usdc-arbitrum-novaArbitrum Bridged USDC (Arbitrum Nova)
$ 0.990959
$ 0.990959
0.12%
fraxtal-bridged-usdc-fraxtalFraxtal Bridged USDC (Fraxtal)
$ 1.00
$ 1.00
0.01%
ima-bridged-usdc-skaleSkale IMA Bridged USDC (Skale)
$ 1.00
$ 1.00
0%
kroma-bridged-usdc-kromaKroma Bridged USDC (Kroma)
$ 1.00
$ 1.00
0.01%
bridged-usdc-re-alLayerZero Bridged USDC (re.al)
$ 0.984047
$ 0.984047
0%
bridged-usdc-chainportBridged USDC (Chainport)
$ 1.00
$ 1.00
0%
nova-usdcNova Merged USDC (zkLink)
$ 1.01
$ 1.01
0.01%
thundercore-bridged-usdc-thundercoreThundercore Bridged USDC (Thundercore)
$ 1.00
$ 1.00
0.01%
edu-chain-bridged-usdc-edu-chainEDU Chain Bridged USDC (EDU Chain)
$ 1.00
$ 1.00
0%
nomad-bridged-usdc-moonbeamNomad Bridged USDC (Moonbeam)
$ 0.045562
$ 0.045562
3.1%
rss3-bridged-usdc-rss3RSS3 Bridged USDC (RSS3)
$ 0.992974
$ 0.992974
4.66%
multichain-bridged-usdc-moonbeamMultichain Bridged USDC (Moonbeam)
$ 0.053218
$ 0.053218
3.25%
laika-bridged-usdc-laikaLaika Bridged USDC (Laika)
$ 1.00
$ 1.00
0.01%
lxly-bridged-usdc-astar-zkevmAstar zkEVM Bridged USDC (Astar zkEVM)
$ 1.68
$ 1.68
0%
q-bridged-usdc-q-mainnetQ Bridged USDC (Q Mainnet)
$ 0.936324
$ 0.936324
0%
celer-bridged-usdc-oasysCeler Bridged USDC (Oasys)
$ 0.987429
$ 0.987429
2.71%
sanko-bridged-usdc-sankoSanko Bridged USDC (Sanko)
$ 1.01
$ 1.01
1.92%
multichain-bridged-usdc-kardiachainMultichain Bridged USDC (KardiaChain)
$ 0.286577
$ 0.286577
1.04%
multichain-bridged-usdc-dogechainMultichain Bridged USDC (Dogechain)
$ 0.074304
$ 0.074304
0.8%
energi-bridged-usdc-energiEnergi Bridged USDC (Energi)
$ 1.00
$ 1.00
0.01%
cardanoCardano
$ 0.696649
$ 0.696649
1.5%
binance-peg-busdBinance-Peg BUSD
$ 1.00
$ 1.00
0.05%
binance-usdBUSD
$ 0.992819
$ 0.992819
0.53%