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.
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WSTETH
Wrapped stETH
2,660.93
-123.51
-4.44%
09 nov., 19:39 UTC
Wrapped stETH (WSTETH)
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- ethereum:0x7f3…e2ca0
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- unichain:0xc02…92001
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