Overview

Logo of Liquid Staked ETH

Liquid Staked ETH(LSETH)

Token Price$1,737

24h Change-3.9%

All Time HighAug 24, 2025$5,334

All Time LowMar 10, 2023$1,385

Key Metrics

Market Cap$544.72m

Fully Diluted Valuation$544.72m

Circ. Supply313,524 LSETH

Volume 24h$38,827

CEX Volume$1.63m

DEX Volume$37,131

Risks

How much debt can be issued against LSETH as collateral across lending protocols.

Maximum possible exposure to LSETH

$212,453

$56,361 (max additional borrows against LSETH) + $156,092 (bad debt if LSETH was hacked now)

Logo of Morpho V1

Morpho V1

$212,453 at-risk exposure = $156,092 bad debt if hacked + $56,361 additional borrowable against LSETH

Methodology and limitations

Showing collateral exposure for LSETH on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.

  • These metrics describe lending exposure only and are not a full protocol risk rating.
  • This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
  • Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details

Each row is one protocol-chain exposure for LSETH as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol
Chain
Logo of Morpho V1Morpho V1
Logo of EthereumEthereum
LsETH0x8c1bed5b9a0928467c9b1341da1d7bd5e10b6549
$56,360$156,092
Logo of Morpho V1Morpho V1
Logo of BaseBase
LsETH0xb29749498954a3a821ec37bde86e386df3ce30b6
$0.12< $0.0001

Risk Timeline

Risk-management actions published about LSETH by tracked risk managers and governance contributors, newest first.

2 actions
contributor@ACIgovernance.aave.com

Onboard LsETH to Aave V3 Core Instance

LsETH is a liquid staking token for Ether that has rapidly grown TVL to $1.3bn due to traction in the Crypto Treasury Company sector, meeting security and compliance standards for institutional users. Onboarding is supported by $200m deposit commitments in the first three months and 0.25-1% of protocol tokens allocated as Aave incentives post-TGE to attract new liquidity.

contributor@ACIgovernance.aave.com

Onboard LsETH to Aave V3 Core Instance

LsETH is a liquid staking token for Ether that meets security and compliance standards for institutional participants, with TVL surging to $1.3bn over two months due to growth in the Crypto Treasury Company sector. $200m in deposits are committed within the first three months post-onboarding, plus 0.25-1% of tokens for Aave incentives.

Markets

logo of defillama

Token Usage

An is required to view token usage.

Yields

Showing 10 of 12 pools

Pool
Project
Chain
30d APY Chart
LSETH🪂Logo of Liquid CollectiveLiquid Collective
Logo of Ethereum
$546.08m2.58%2.58%
2.59%
LSETH-WETH0.01%Logo of Uniswap V3Uniswap V3
Logo of Ethereum
$4.94m0.03%0.03%
0.05%
LSETHPositionV2Logo of FrankencoinFrankencoin
Logo of Ethereum
$3.09m0%
0%
LSETHPositionV2Logo of FrankencoinFrankencoin
Logo of Ethereum
$932,5110%
0%
LSETHPositionV2Logo of FrankencoinFrankencoin
Logo of Ethereum
$500,2780%
0%
LSETHPositionV2Logo of FrankencoinFrankencoin
Logo of Ethereum
$280,5750%
0%
LSETHLogo of Morpho BlueMorpho Blue
Logo of Ethereum
$241,2830%
0%
WETH-LSETH0.05%Logo of Uniswap V3Uniswap V3
Logo of Arbitrum
$75,3290%0%
0%
LSETHPositionV2Logo of FrankencoinFrankencoin
Logo of Ethereum
$66,4700%
0%
LSETHPositionV2Logo of FrankencoinFrankencoin
Logo of Ethereum
$52,4770%
0%
Page 1 of 2