Wrapped stETH
WSTETH · unranked
$2,962
-1.2% 24h
Up from its lows
+79%
1.8x off the bottom
+28% last 30 daysahead of BTC’s +21% (30d)
Peaked May 13, 2022, before this chart begins · 49.2% down from its 2-year high of $5,835
WSTETH is 59.2% below its all-time high of $7,256.
Survival score 41/100· Weakening — see the deductions →- Market cap
- $11.20B
- Fully diluted valuation
- $11.20B
- 24h trading volume
- $6.55M
- Circulating supply
- 3,779,763
- Max supply
- ∞
- All-time high
- $7,256May 13, 2022
- All-time low
- $558.54May 12, 2022
- To break even
- 2.4x1,573 days underwater
Two years, daily
The shape of the decline — and whatever came after.
WSTETH price
-43.4% this range
Daily closes · the true all-time high predates this chart · data from CoinGecko
24h
-1.2%
7d
-4.4%
14d
+6.1%
30d
+28.5%
1y
-43.4%
The survival rating
Starts at 100; four measured factors deduct from it. Every deduction itemised, so you can disagree with the number and still use the inputs.
Survival score
Weakening
Still trading, but the trend across our inputs is negative.
- Price decline−30 of 50
Down 59.2% from its all-time high of $7,256
- Volume decay−22 of 25
Trading volume is 89% below its busiest sustained stretch
- Market cap erosion−5 of 15
Market cap down 35% from $17.36B
- Time below peak−10 of 10
1,573 days since the peak
- Recent rebound+8
Market cap up 26% over the last 30 days
How to read it
Higher is healthier. 75 and above is rated Active, 50–74 Weakening, 20–49 Distressed, below 20 Dormant. The rating is an opinion derived from the disclosed inputs — not a recommendation and not a prediction.
Read the full methodology →The story so far
What the fall cost, and what the recovery is actually made of.
What did it cost you?
Computed in your browser — the numbers never leave this page.
Is it coming back?
Recovering
Life signs
74/100
Off its lows
+78.7%
low $1,658 · Jun 28, 2026
Still needs
2.4x
~0.7 yrs at this pace
Did it join the rally?
WSTETH is tracking the market — +28% against Bitcoin’s +21%. It rises when everything rises.
Market flat · BTC -2.2% this week · dominance 59.1%
Thinking of buying?
High risk
57/100
- Exit liquidityVery thin
$6.55M traded daily against a $11.20B cap — 0.06% turnover. A meaningful position would move the price against you.
- Supply overhangNo cap
No maximum supply published — issuance is unbounded or undisclosed.
- Volatility92% annualised
Elevated, typical of a mid-cap crypto asset.
- Track record59.2% below peak
It is holding relatively close to its peak.
These are the checks before you buy WSTETH — not a recommendation either way. CoinGraph never tells you what to hold.
Data confidence
Full price, volume and market-cap history for the window shown — enough for every measurement this page makes.
Where it trades
16 exchanges · 0 trusted listings · 16 stale
| # | Exchange | Pair | Price | 24h volume | Volume % | Trust |
|---|---|---|---|---|---|---|
| 1 | Fluid (Ethereum) | 0X7F39…/0XEEEE… | $2,962 | $4.15M | 34.55% | |
| 2 | Uniswap V3 (Ethereum) | 0X7F39…/0XC02A… | $2,963 | $1.16M | 9.67% | |
| 3 | Balancer V2 | 0X7F39…/0X7FC6… | $2,957 | $280.4K | 2.34% | |
| 4 | Uniswap V4 (Ethereum) | 0X1111…/0X7F39… | $2,963 | $270.9K | 2.26% | |
| 5 | Curve (Ethereum) | 0X7F39…/0XAE78… | $2,965 | $234.3K | 1.95% | |
| 6 | Uniswap V4 (Ethereum) | 0X2260…/0X7F39… | $2,963 | $183.7K | 1.53% | |
| 7 | Uniswap V4 (Ethereum) | 0X0000…/0X7F39… | $2,963 | $93.5K | 0.78% | |
| 8 | Ekubo V3 (Ethereum) | 0X7F39…/0X0000… | $2,962 | $28.1K | 0.23% | |
| 9 | Curve (Ethereum) | 0XF939…/0X7F39… | $2,963 | $26.9K | 0.22% | |
| 10 | Uniswap V4 (Ethereum) | 0X93ED…/0X7F39… | $2,963 | $17.7K | 0.15% |
Top listings by 24h volume, stale and anomalous tickers excluded · data from CoinGecko
About Wrapped stETH
The reference facts, then what the numbers say.
lido.fi ↗Explorer ↗@LidoFinance ↗Reddit ↗GitHub ↗API ID: wrapped-stethCrypto-Backed TokensDecentralized Finance (DeFi)Wrapped-TokensLiquid Staking Tokens
wstETH is a wrapped version of stETH. Instead of rebasing, or changing account holdings daily it is similar to a c-token. It represents a pro-rata ownership of the staked ETH (stETH). When someone exits wstETH they are returned principal stETH + stETH earnings. Lido is a liquid staking protocol for POS blockchains. It gives you a liquid token that represents your staked collateral and earnings over time. Lido removes the need to run infrastructure and enabling continued participation in DeFi. wstETH is minted and burned as stETH is wrapped and unwrapped.
Description via CoinGecko
What happened to Wrapped stETH
Wrapped stETH reached $7,256 4 years ago. It now trades at $2,962 — a decline of 59.2% from that peak. $1,000 bought at the high would be worth $408.26 today.
Returning to the previous high from here would take a gain of 2.4x. That figure is arithmetic, not a forecast: it is simply the peak divided by the current price.
One limitation is worth stating plainly. CoinGraph holds 2 years of daily prices for WSTETH, and the all-time high falls before that window opens. The peak above is the figure reported by the market data provider; the chart on this page cannot show it. Within the 2 years held, the range runs from $1,658 to $5,835.
How WSTETH is rated
Wrapped stETH scores 41 out of 100, which places it in the Weakening band — the inputs show erosion in more than one measure at once. A higher score means a healthier reading. The score starts at 100 and each measured factor deducts from it.
The deductions for WSTETH are: price decline, 30 points (down 59.2% from its all-time high of $7,256); volume decay, 22 points (trading volume is 89% below its busiest sustained stretch); market cap erosion, 5 points (market cap down 35% from $17.36B); time below peak, 10 points (1,573 days since the peak); recent rebound, 8 points (market cap up 26% over the last 30 days).
Is WSTETH moving on its own?
From its lowest close in the 2 years held — $1,658 — WSTETH has gained 78.7%, a 1.8x move off that floor. CoinGraph reads this as recovering.
Over the last 30 days WSTETH moved +28.5% against the wider market's +21.2% — moving broadly in line with the wider market. This distinction matters more than the headline number: a coin rising only when everything rises is being carried, and that is a different situation from one climbing on its own demand.
Extending the pace of the last 90 days, a return to the previous high would take roughly 9 months. That is an extrapolation of a recent trend, not a projection — 90 days of crypto prices is a short base, and the pace will not hold steady.
WSTETH market position
WSTETH has a market capitalisation of $11.20B, on 24-hour trading volume of $6.55M.
Daily turnover — volume as a share of market cap — is 0.1%. Turnover is what tells you whether a price is real: a coin can hold a large nominal valuation while almost nothing changes hands, and a price set by very few trades is one that moves sharply when anyone sizeable arrives.
Annualised volatility from daily returns is 92.4%. CoinGraph rates overall risk High on these inputs.
Wrapped stETH — common questions
Is Wrapped stETH still active?
CoinGraph rates Wrapped stETH (WSTETH) 41 out of 100 today — Weakening, meaning the Weakening band — the inputs show erosion in more than one measure at once. The rating is derived from four disclosed inputs — price decline from the all-time high, volume decay, market cap erosion and time below peak — and is an opinion about what the data shows, not a prediction. The full breakdown is on this page.
How far is Wrapped stETH from its all-time high?
Wrapped stETH (WSTETH) is 59.2% below its all-time high of $7,256, trading at $2,962.
What would $1,000 of Wrapped stETH bought at the peak be worth now?
$1,000 of WSTETH bought at its all-time high would be worth about $408.26 today, a decline of 59.2%.
How much would WSTETH need to rise to break even?
WSTETH would need to gain 2.4x from $2,962 to return to its all-time high of $7,256.
What is Wrapped stETH's survival rating?
CoinGraph rates Wrapped stETH 41 out of 100, in the Weakening band — the inputs show erosion in more than one measure at once. The rating is derived from price decline, volume decay, market cap erosion and time below peak, and every deduction is shown on this page. Higher is healthier.
What is Wrapped stETH's price prediction?
CoinGraph does not publish price predictions — for WSTETH or any coin. What the data shows instead: WSTETH trades at $2,962, 59.2% below its all-time high, and would need to gain 2.4x to return there — arithmetic, not a forecast. CoinGraph's survival rating for Wrapped stETH is 41/100 (Weakening), derived from disclosed inputs.
Will Wrapped stETH recover to its all-time high?
Nobody can know, and CoinGraph does not predict. The measurable part: WSTETH needs a 2.4x gain from $2,962 to reach $7,256 again. Right now its recovery signal reads recovering, and it is moving broadly in line with the wider market over the last 30 days — a coin climbing on its own demand is a different situation from one drifting with the market.
Is Wrapped stETH a good investment?
CoinGraph does not give investment advice or recommendations. It publishes a survival rating — Wrapped stETH scores 41/100 (Weakening) — derived from price decline, volume decay, market cap erosion and time below peak, with every deduction shown. That is an opinion about what the data shows, for you to weigh against your own situation.
Is Wrapped stETH recovering?
WSTETH is 78.7% above its lowest close in the 2 years of data held, which CoinGraph reads as recovering. It is moving broadly in line with the wider market over the last 30 days.
Everything else on this page is the data. The report is the analysis — what drove the decline, the warning signs in this coin’s numbers, and what a recovery would require.
Research agent
Put the research agent on Wrapped stETH
It reads the full history and writes what it finds: what drove the decline, whether a recovery is plausible on these numbers, and the warning signs still in the data.
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