Underlying asset
wstETH
Issued by Lido. The facts below were checked on the date shown, from the sources listed.
wstETH is issued by Lido. What stands behind it: liquid staking. It is valued in ETH, not in dollars. It is redeemed through a queue.
Facts
- Issuer
- Lido
- What stands behind it
- liquid staking
- Strategy
- Ethereum validator rewards
- Valued in
- ETH
- Position in the capital stack
- not a tranche
- Who has to keep a promise
- validators
- Redemption
- redeems through a queue
- Who can change it
- nobody can replace this token's code, and it has no owner; what it holds may be governed elsewhere
- Audits
- MixBytes, 2021-09
Also named by the issuer, without a linked report: Certora, ChainSecurity, Sigma Prime, OpenZeppelin, Consensys Diligence, Statemind, Ackee Blockchain, Quantstamp - Bug bounty
- up to $2,000,000 on Immunefi
- Depends on
- none recorded
- Chains
- Ethereum
- Checked
- 2026-10-01, from the issuer's own documents
- Sources
- https://docs.lido.fi/contracts/wsteth
https://docs.lido.fi/security/audits
https://docs.lido.fi/security/bugbounty
https://docs.lido.fi/lido-dao
Pendle markets on it
Live Pendle markets on this asset, as of 6 Oct 2026. Rates are not shown. Market data: Pendle.
| Chain | Maturity | Principal token |
|---|---|---|
| Ethereum | 2027-12-30 | PT-stETH-30DEC2027 |
Not found
What the research has not answered for this asset, said rather than left blank.
- How long redemption takes at worst.
- Incidents: this encyclopedia does not yet keep a record of incidents from primary sources.