Wrapped stETH token
Overview
Wrapped stETH (wstETH) is an ERC-20 token that does not rebase, representing staked ether (stETH) sourced from Lido. Staking rewards accumulate automatically via a rising conversion rate relative to stETH. In decentralized finance, wstETH functions as a yield-bearing asset with a constant token balance.
Within The Counterparty graph, Wrapped stETH connects to 20 tracked entities, most strongly to Aave, Aave Models $124M to $230M in Bad Debt From Kelp Exploit, DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 20 total).
| Relation | Connected entity | Confidence |
|---|---|---|
integrates | Aave | 95% |
mentions | Aave Models $124M to $230M in Bad Debt From Kelp Exploit | 95% |
mentions | DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers | 95% |
mentions | $293 Million Crypto Hack: Where Did Funds Go? | 95% |
issued_by | Lido DAO | 95% |
deployed_on | Arbitrum | 90% |
deployed_on | Optimism | 90% |
backed_by | crvUSD | 90% |
backed_by | Liquity BOLD | 90% |
backed_by | R | 90% |
Frequently asked questions
What is Wrapped stETH?
Wrapped stETH is a token tracked in The Counterparty knowledge graph. It is connected to 20 other tracked entities, most strongly to Aave, Aave Models $124M to $230M in Bad Debt From Kelp Exploit, DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers.
What type of entity is Wrapped stETH?
Wrapped stETH is classified as a token (token) in The Counterparty knowledge graph.
What is Wrapped stETH connected to?
In The Counterparty knowledge graph, Wrapped stETH is linked to 20 other tracked entities, most strongly to Aave, Aave Models $124M to $230M in Bad Debt From Kelp Exploit, DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers.