Average Daily Volume
Lido Staked Ether is currently ranked number 13 worldwide with a daily trading volume of $51,071,950.00, which it will make it super easy for you to sell your holdings of Lido Staked Ether.
Rating: 5/5
Market Cap
Lido Staked Ether has a total market cap of $8,384,187,483.00.
Rating: 5/5
Community
Lido Staked Ether has 11,283 total followers in all its social media accounts.
Rating: 5/5
All Time High
Lido Staked Ether is currently -65.71% from its highest price $4,829.57 on 2021-11-10.
Rating: 5/5
Price Potential
The Lido Staked Ether price has the potential to increase to $457,660.46 during the next cryptocurrency bull market, which may occur within the next five years.
Overall Score
Our algorithm believes it is an excellent time to invest in Lido Staked Ether right now.
Overall rating: 5/5
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What Is Lido Staked Ether?
Lido Staked Ether (stETH) is a token that represents your staked ether in Lido, combining the value of initial deposit and staking rewards. stETH tokens are minted upon deposit and burned when redeemed. stETH token balances are pegged 1:1 to the ethers that are staked by Lido and the token’s balances are updated daily to reflect earnings and rewards. stETH tokens can be used as one would use ether, allowing you to earn ETH 2.0 staking rewards whilst benefiting from e.g. yields across decentralised finance products.