Overview

Logo of Lido Staked Ether

Lido Staked Ether(STETH)

Token Price$1,815

24h Change-5.38%

All Time HighAug 24, 2025$4,933

All Time LowDec 22, 2020$482.9

Key Metrics

Market Cap$16.11b

Fully Diluted Valuation$16.111b

Circ. Supply8.88m STETH

Volume 24h$35m

CEX Volume$2.89m

DEX Volume$37.89m

Risk Timeline

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

43 actions
contributor@Steakhouseforum.morpho.org

Introducing MetaOracleDeviationTimelock

Markets rely on fixed stETH/wstETH conversion rates instead of volatile wstETH/ETH prices; the module defaults to the robust conversion but shifts to market rates after sustained deviation, balancing manipulation resistance with depeg detection.

contributor@Seanforum.skyeco.com

Risk Month in Review: April 2025

BA Labs published an oracle benchmark report analyzing Chronicle's stETH/USD price feed for update frequency, market price deviations, and volatility responsiveness using data from August 2024 to April 2025; also assessed USDS allocations in the Spark Aave Lido Market to consolidate exposure under the unified Spark Liquidity Layer.

contributor@Seanforum.skyeco.com

Risk Month in Review: March 2025

Chronicle's stETH/USD oracle was benchmarked by BA Labs prior to Sky's oracle upgrade, verifying stability for staked ETH positions in the protocol.

contributor@runeforum.skyeco.com

Star Allocation System Framework

stETH is assigned 150% capital ratio as a baseline staked ETH variant to cover added technical risk from staking mechanisms, with unlimited concentration limit, allowing Spark allocations that maintain overall ecosystem stability through layered first-loss protections.

risk managerChaos Labschaoslabs.xyz

Gearbox LT Methodology for LSTs and LRTs

stETH experiences temporary market price deviations from its fundamental ETH value during volatility, such as dropping to 0.98 relative to ETH for about 30 minutes in recent downturns, due to liquidity constraints and sentiment. The framework uses GARCH and mean-reverting models with Monte Carlo simulations to design conservative liquidation thresholds that buffer against these worst-case drops and prevent arbitrage exploitation via circuit breakers.

contributor@runeforum.skyeco.com

PureDai: Returning to the ideological roots of Dai

stETH is selected as proven collateral for PureDai, leveraging Lido's decentralized staking infrastructure to generate yield on ETH while maintaining high standards of decentralization; it can be offboarded if risks emerge.

contributor@bryancolligancomp.xyz

Compound Growth Program 2024 Renewal

stETH, a liquid staking token from Lido, is being listed to provide more borrowing and lending options, aligning with diversification efforts to recover from $400M TVL loss due to ETH price falls.

contributor@Instadappgov.fluid.io

Optimizing wstETH/ETH Vault and Integrating stETH Redemption

Whitelisting Fluid vaults on the stETH Redemption protocol enables Lite Vaults to use it for improved redemption and efficiency, aligning risk ratios with market rates to boost overall vault performance.

contributor@samyakgov.fluid.io

Deploy stETH Redemption Protocol on Fluid

The stETH Redemption Protocol enables direct 1:1 redemption from Lido for leveraged stETH/ETH positions, eliminating on-chain slippage losses of 0.5-2% during deleveraging and reducing costs by up to 10x compared to open-market sales.

Markets

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Token Usage

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Yields

Showing 10 of 4880 pools

Pool
Project
Chain
30d APY Chart
WSTETH-AAVELogo of Balancer V2Balancer V2
Logo of Ethereum
$11.7m405588%405588%
15135%
WETH-USDTCL - 10🪂Logo of Supernova CLSupernova CL
Logo of Ethereum
$368,12944250%0%
44250%
12194%
WETH-FOUNDER3.00%Logo of Uniswap V4Uniswap V4
Logo of Base
$66,04374596%74596%
508%
ETH-BOTCOIN3.00%Logo of Uniswap V4Uniswap V4
Logo of Base
$51,37041936%41936%
2215%
ETH-FLORK2.00%Logo of Uniswap V4Uniswap V4
Logo of Ethereum
$50,370487629%487629%
2151%
WETH-TRACLogo of Aerodrome V1Aerodrome V1
Logo of Base
$47,95674331%
Logo of Aerodrome Ignition
74331%
62577%
RDNT-WETHLogo of Balancer V2Balancer V2
Logo of Ethereum
$31,83262232%62232%
1849%
WETH-DEADPool on Uniswap V3🪂Logo of MetromMetrom
Logo of Base
$20,312100000%
100000%
100000%
OHM-WSTETHLogo of Balancer V2Balancer V2
Logo of Ethereum
$13,910281385%281385%
10539%
LDO-WSTETHLogo of Balancer V2Balancer V2
Logo of Ethereum
$11,783112604%112604%
4159%
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Borrow

Showing 10 of 9962 routes

Pool
Project
Chain
WSTETH ➞ MORPHOLogo of Moonwell LendingMoonwell Lending
Logo of OP Mainnet
$10.34m2.91%
0.36%
3.15%81%$262,435$7,969
WSTETH ➞ MORPHOLogo of Compound V3Compound V3
Logo of Ethereum
$10.34m2.83%
0%
3.15%90%$43.52m
WSTETH ➞ MORPHOLogo of Compound V3Compound V3
Logo of Base
$10.34m2.83%
0%
3.15%90%$34,099
WSTETH ➞ MORPHOLogo of DolomiteDolomite
Logo of Arbitrum
$10.34m2.77%
0.04%
3.15%86.96%$170,406$11,713
WSTETH ➞ MORPHOLogo of Compound V3Compound V3
Logo of Arbitrum
$10.34m2.77%
0%
3.15%88%$162,827
WSTETH ➞ MORPHOLogo of Compound V3Compound V3
Logo of OP Mainnet
$10.34m2.77%
0%
3.15%88%$138,470
WSTETH ➞ MORPHOLogo of Moonwell LendingMoonwell Lending
Logo of Base
$10.34m2.68%
0.13%
3.15%81%$2.05m$319,954
WSTETH ➞ MORPHOLogo of Aave V3Aave V3
Logo of Ethereum
$10.34m2.65%
0.07%
3.15%82%$98.61m$34.07m
WSTETH ➞ MORPHOLogo of SparkLendSparkLend
Logo of Ethereum
$10.34m2.61%
0%
3.15%83%$1.946b$26,130
WSTETH ➞ MORPHOLogo of DolomiteDolomite
Logo of Ethereum
$10.34m2.58%
0%
3.15%82%$4.88m$0
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