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Wrapped Beacon ETH Overview
24h High
$2,316.39
24h Low
$2,275.20
24h Change
+0.80%
7d Change
+9.20%
30d Change
+3.28%
Volume 24h
$5.96M
Market Cap
$7.64B
Circulating Supply
3.36M WBETH
Wrapped Beacon ETH News
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About Wrapped Beacon ETH
WBETH is a liquid staking cryptocurrency for Ethereum (ETH) staking, providing liquidity. Each WBETH token equals one Ethereum token, including total staking rewards from ETH Staking. WBETH, a wrapped version of BETH (representing staked ETH), accumulates ETH2.0 staking rewards by increasing in value relative to BETH, not quantity. This allows Ethereum stakeholders to stake without sacrificing asset liquidity. WBETH was introduced by Binance to innovate in the DeFi sector, particularly Ethereum staking. It enables users to participate in Ethereum’s staking process while retaining flexibility for other DeFi projects by providing immediate liquidity to staked assets. WBETH’s primary use is to offer users the dual benefit of participating in Ethereum staking and maintaining liquidity for other investment opportunities in the DeFi space. By holding WBETH, users can earn staking rewards from Ethereum 2.0 while engaging in other financial activities in the DeFi ecosystem.
WBETH was introduced by Binance. The project is significant for its innovation in the DeFi (Decentralized Finance) sector, particularly in the context of Ethereum staking. The initiative behind WBETH is to enable users to partake in Ethereum's staking process while retaining the flexibility to engage in other DeFi projects. This is achieved by providing immediate liquidity to staked assets, addressing a common challenge faced by cryptocurrency investors who often have to choose between earning staking rewards and maintaining liquid assets.
The primary use of WBETH is to offer users the dual benefit of participating in Ethereum staking and maintaining liquidity for other investment opportunities. This is particularly relevant in the DeFi space, where liquidity is a critical aspect. By holding WBETH, users can earn staking rewards from Ethereum 2.0 while simultaneously having the freedom to engage in other financial activities in the DeFi ecosystem.
Wrapped Beacon ETH Markets
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Wrapped Beacon ETH Platforms
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Wrapped Beacon ETH Market Data
The live Wrapped Beacon ETH price today is $2,306.46 USD with a 24-hour trading volume of $5,956,621.94 USD. We update our WBETH to USD price in real-time. Wrapped Beacon ETH is up 0.80% in the last 24 hours.
The current market cap is $7,638,379,743.45 USD. The circulating supply is 3,364,992 WBETH.