Wrapped stETH (wstETH)
An overview of wrapped stETH (wstETH).
6 articles
Written by Support
Guide to Providing Liquidity to Arrakis Finance
Provide liquidity to Arrakis Finance wstETH-USDC pool to get more rewards.Written by Support. Updated this week
What is wrapped stETH (wstETH)?
Lido's wrapped stETH (wstETH) is stETH which is deposited into the stETH wrapper to create a new token called wstETH.Written by Support. Updated over a week ago
Why would I wrap my stETH?
Some DeFi protocols do not support rebasing tokens natively. To prevent your stETH from losing value, wrap stETH and receive wstETH.Written by Support. Updated over a week ago
How can I wrap/unwrap my stETH?
You can wrap your stETH tokens using stake.lido.fi/wrap. Simply connect your wallet, unlock your stETH tokens and press Wrap.Written by Support. Updated over a week ago
Do I need to claim my staking rewards if I wrap stETH to wstETH?
No, you do not need to claim any Ethereum staking rewards with Lido - staking rewards accrue to wstETH automatically.Written by Support. Updated over a week ago
Why does the amount of wstETH in my wallet differ from the amount of stETH I wrapped?
Wrapped stETH does not rebase but the stETH in the wrapper contract rebases at 12PM UTC every day.Written by Support. Updated over a week ago