Lido Staked Ether STETH
1. Summary
- Price
-
$3,474.25 +6.5%
- Market Cap
- $34.04B (#8)
- Supply
- 9.80M / 9.80M
- Description
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Lido Staked Ether (STETH)
Lido Staked Ether (STETH)
Lido Staked Ether (STETH) is a token that represents your staked ether in Lido, combining the value of the initial deposit and staking rewards. STETH tokens are minted upon deposit and burned when redeemed. Their balances are pegged to the staked ethers and updated daily to reflect earnings and rewards. STETH tokens can be used like ether, allowing you to earn ETH 2.0 staking rewards while benefiting from yields across different finance products.
Key Features
- Liquidity: STETH tokens provide liquidity for staked ETH, enabling users to earn rewards and participate in various DeFi activities without needing to lock up their tokens.
- Staking: Lido allows users to stake any amount of ETH, eliminating the requirement for a minimum stake of 32 ETH on the Ethereum network.
- Security: By staking ETH through Lido, users can minimize their exposure to slashing risks associated with misbehaving validators.
- Gas Fees: Using Lido reduces gas fees compared to direct staking on Ethereum.
- Multi-Validator Staking: Lido stakes across multiple professional validators, thereby reducing the risk associated with staking.
Risks
- Smart Contract Risks: There is a risk of vulnerabilities or bugs in Lido's smart contracts, which could lead to losses.
- Slashing Risks: Validators are at risk of penalties for misbehavior, which could affect users.
- Token Value Risks: The value of STETH tokens may deviate from 1:1 with ETH due to market pressures or liquidity issues.
Ecosystem Integration
- MetaMask: STETH tokens can be added to MetaMask wallets, enabling users to view and manage their holdings.
- Curve: STETH tokens can be used in Curve liquidity pools.
- AAVE: Users can borrow against STETH tokens.
Governance and Audits
- Lido DAO: The decentralized autonomous organization governs the Lido protocol and ensures the security and efficiency of the staking process.
- Audits: Lido's smart contracts have been audited by multiple parties, including Certora, StateMind, Hexens, ChainSecurity, Oxorio, MixBytes, SigmaPrime, and Quantstamp, to ensure their robustness.
| Price | |
| 52W High price | $4,067.48 |
| 52W High date | 12th Mar 2024 (9 months ago) |
| All Time High (ATH) Date | 10th Nov 2021 (3 years ago) |
| ATH Price | $4,829.57 |
| % From ATH | -28.14% |
| All Time Low (ATL) Date | 22nd Dec 2020 (3 years ago) |
| ATL Price | $482.90 |
| % From ATL | 618.68% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $158.91M |
| Total Supply | 9.80M |
| Circulating Supply | 9.80M |
STETH
How does Lido Staked Ether's (STETH) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
10.8%
STETH
20.3%
Similar Market Cap
60 Day Return
32.1%
STETH
86.0%
Similar Market Cap
1 Year Return
57.2%
STETH
86.9%
Similar Market Cap
We're monitoring 200 Lido Staked Ether GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Lido Staked Ether Repos)
Commits vs. The Market
- Past 4 weeks: 18 commits vs. an average of 1
- Past 12 weeks: 39 commits vs. an average of 7
- Past year: 441 commits vs. an average of 104
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 959 |
| Past week | 35 |
|---|---|
| Past 12 weeks | 64 |
| Past year | 888 |
| Past week | 19 |
|---|---|
| Past 12 weeks | 33 |
| Past year | 685 |
| Past week | 33 |
|---|---|
| Past 12 weeks | 126 |
| Past year | 405 |
| Past week | 4 |
|---|---|
| Past 12 weeks | 59 |
| Past year | 341 |
| Past week | 22 |
|---|---|
| Past 12 weeks | 64 |
| Past year | 286 |
Top Developers 2024
In total, 1171 developers have contributed to Lido Staked Ether over the past year. Who are the most active Lido Staked Ether developers, by commits, over the past year?
Related Projects
Developers working on Lido Staked Ether also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 5,701 |
|---|---|
| Active Reddit Users (past 24h) | 27 |
| Discord users | 30,080 |
| Active Discord Users | 2,020 |
| Telegram Users | 12,105 |
| Twitter followers | 222,097 |
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blog.lido.fi/lido-community-staking-tribes/ Official
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blog.lido.fi/lido-community-staking-tribes/ Official
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blog.lido.fi/lido-community-staking-tribes/ Official
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help.lido.fi/en/collections/3641672-lido-on-multichain Official
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help.lido.fi/en/collections/3641672-lido-on-multichain Official
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help.lido.fi/en/collections/3641672-lido-on-multichain Official
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research.lido.fi/t/a-pricing-model-for-inclusion-preconfirmations/9136 Official
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research.lido.fi/t/a-pricing-model-for-inclusion-preconfirmations/9136 Official
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research.lido.fi/t/a-pricing-model-for-inclusion-preconfirmations/9136 Official
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research.lido.fi/t/a-pricing-model-for-inclusion-preconfirmations/9136 Official
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help.lido.fi/en/articles/10289357-unstaking-stmatic-walkthrough-guide Official
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help.lido.fi/en/articles/10289357-unstaking-stmatic-walkthrough-guide Official
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help.lido.fi/en/articles/10289357-unstaking-stmatic-walkthrough-guide Official
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help.lido.fi/en/articles/10289357-unstaking-stmatic-walkthrough-guide Official
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blog.lido.fi/lido-on-polygon-sunset/ Official
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blog.lido.fi/lido-on-polygon-sunset/ Official
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blog.lido.fi/lido-on-polygon-sunset/ Official
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blog.lido.fi/lido-on-polygon-sunset/ Official
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operatorportal.lido.fi/csm-getting-started Official
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operatorportal.lido.fi/csm-getting-started Official
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operatorportal.lido.fi/csm-getting-started Official
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operatorportal.lido.fi/csm-getting-started Official
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operatorportal.lido.fi/csm-getting-started Official
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operatorportal.lido.fi/csm-getting-started Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.lido.fi |
|---|---|
| Explorer | https://etherscan.io/token/0xae7ab96520de3a18e5e11... |
| @lidofinance | |
| /r/lidofinance |
What is the correct contract address for Lido Staked Ether?
| Ethereum | 0xae7ab96520de3a18e5e111b5eaab095312d7fe84 |
|---|
Has Lido Staked Ether been audited for security?
No security audits found for this project.
Are you the owner of Lido Staked Ether? Edit it here
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