Wrapped Beacon ETH
Wrapped Beacon ETH
WBETH
Average
271.53K
232.63K
193.12K
Average
972
1.08K
1.02K
Average
299
429
350
Average
343
264
241
Wrapped Beacon ETH Timeline
Wrapped Beacon ETH Token allocation
Wrapped Beacon ETH BasicReport a Data Error
- Nov,2024WBETH introduces a new feature allowing users to delegate their staking rewards to trusted third parties or DeFi platforms to maximize returns.
- Sep,2024WBETH begins offering cross-chain staking rewards, making it available for use in multi-chain DeFi ecosystems like Polkadot and Avalanche.
- Jul,2024WBETH becomes a primary staking token for several institutional DeFi strategies, attracting more professional traders and large-scale investors.
- Jun,2024The liquidity of WBETH reaches new highs, with its integration into leading DeFi protocols (such as Aave, Curve, and MakerDAO) gaining momentum.
- Apr,2024Binance announces that WBETH can now be staked directly in Ethereum 2.0's Beacon Chain, further enhancing its utility and bridging the gap between traditional Ethereum staking and DeFi applications.
Wrapped Beacon ETH Info
- Nov,2024WBETH introduces a new feature allowing users to delegate their staking rewards to trusted third parties or DeFi platforms to maximize returns.
- Sep,2024WBETH begins offering cross-chain staking rewards, making it available for use in multi-chain DeFi ecosystems like Polkadot and Avalanche.
- Jul,2024WBETH becomes a primary staking token for several institutional DeFi strategies, attracting more professional traders and large-scale investors.
- Jun,2024The liquidity of WBETH reaches new highs, with its integration into leading DeFi protocols (such as Aave, Curve, and MakerDAO) gaining momentum.
- Apr,2024Binance announces that WBETH can now be staked directly in Ethereum 2.0's Beacon Chain, further enhancing its utility and bridging the gap between traditional Ethereum staking and DeFi applications.
Wrapped Beacon ETH Team
OrganizationsWrapped Beacon ETH Intro
Wrapped Beacon ETH (WBETH) is a liquid staking token introduced by Binance in April 2023. Each WBETH represents one staked Ethereum (ETH) plus any staking rewards accrued since its inception. This design allows holders to earn staking rewards while maintaining liquidity, enabling participation in decentralized finance (DeFi) protocols and other platforms outside of Binance.
Unlike traditional staking methods that lock assets, WBETH provides flexibility by allowing users to utilize their staked ETH in various DeFi applications without forfeiting staking rewards. The value of WBETH increases over time as staking rewards accumulate, with the WBETH to ETH conversion ratio updated daily to reflect these earnings.
Users can acquire WBETH by staking ETH or wrapping BETH tokens on Binance's ETH Staking page without fees. WBETH can also be minted directly using ETH on the BNB Smart Chain and Ethereum networks. This approach offers a seamless way to engage in staking while retaining asset liquidity for broader DeFi engagement.
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Wrapped Beacon ETH Price Live DataReport a Data Error
Wrapped Beacon ETH (WBETH) is a liquid staking token introduced by Binance in April 2023. Each WBETH represents one staked Ethereum (ETH) plus any staking rewards accrued since its inception. This design allows holders to earn staking rewards while maintaining liquidity, enabling participation in decentralized finance (DeFi) protocols and other platforms outside of Binance.
Unlike traditional staking methods that lock assets, WBETH provides flexibility by allowing users to utilize their staked ETH in various DeFi applications without forfeiting staking rewards. The value of WBETH increases over time as staking rewards accumulate, with the WBETH to ETH conversion ratio updated daily to reflect these earnings.
Users can acquire WBETH by staking ETH or wrapping BETH tokens on Binance's ETH Staking page without fees. WBETH can also be minted directly using ETH on the BNB Smart Chain and Ethereum networks. This approach offers a seamless way to engage in staking while retaining asset liquidity for broader DeFi engagement.