Wrapped Beacon ETHPrice(WBETH)
Details Wrapped Beacon ETH (WBETH) Price information (USD)
The current real-time price of WBETH is $2,341.826. In the past 24 hours, WBETH has traded between $2,278.398 and $2,360.562, showing strong market activity. The all-time high of WBETH is $5,330.78, and the all-time low is $1,501.6.
From a short-term perspective, the price change of WBETH over the past 1 hour is
Wrapped Beacon ETH (WBETH) Market Information
Wrapped Beacon ETH (WBETH) Today's Price
The live price of WBETH today is $2,341.826, with a current market cap of $7.881B. The 24-hour trading volume is 4M. The price of WBETH to USD is updated in real time.
Wrapped Beacon ETH (WBETH) Price History (USD)
What is WRAPPED BEACON ETH (WBETH)?
When is the right time to buy WBETH? Should I buy or sell WBETH now?
Before deciding whether to buy or sell WBETH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WBETH technical analysis can provide you with trading references.
Future price trend of WBETH
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WBETH.
How much will WBETH be worth tomorrow, next week, or next month in ? What about your WBETH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WBETH Price Prediction
How to buy WRAPPED BEACON ETH (WBETH)
Convert WBETH to local currency
WBETH Resources
To learn more about WBETH, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xf977...41acec  | 1.962M | 58.33% |
ethereum | 0x5a52...70efcb | 1.066M | 31.7% |
binance-smart-chain | 0xf977...41acec | 130.000K | 3.86% |
ethereum | 0xd3a2...04c4a1 | 89,396 | 2.66% |
binance-smart-chain | 0x8894...e2d4e3 | 24,834 | 0.74% |
Other | 91,385.73 | 2.72% |
Hot Events
WRAPPED BEACON ETH (WBETH) FAQ
What is WBETH?
WBETH is a "value-accruing" liquid staking token that offers liquidity for staked ETH. Unlike traditional staking where your ETH might be locked, holding WBETH allows you to maintain access to your assets. Each WBETH token represents 1 staked ETH along with all the staking rewards it has accumulated since April 27, 2023.
Is WBETH the same as BETH?
No, they are distinct. While both BETH and WBETH represent staked ETH on LBank, their reward mechanisms differ significantly. BETH provides daily reward distributions directly to your spot wallet. In contrast, WBETH integrates these rewards directly into the token's value, meaning the token itself appreciates over time rather than distributing separate tokens.
How do I receive rewards with WBETH?
With WBETH, you will not receive daily token distributions in your wallet. Instead, the fundamental value of your WBETH token increases over time relative to ETH. This means that the conversion ratio of WBETH to ETH grows daily. When you decide to "unwrap" your WBETH or convert it back, you will receive more ETH than your initial staked amount, reflecting all your accumulated staking rewards.
Do I still earn rewards if I move WBETH to a hardware wallet or DeFi?
Yes, absolutely. The reward mechanism for WBETH is intrinsic to the token's value; the conversion rate to ETH continuously increases. Therefore, you continue to accrue staking rewards simply by holding the WBETH token. This holds true regardless of whether your WBETH is held on LBank, in a personal hardware wallet, or utilized within various Decentralized Finance (DeFi) protocols.
What can I do with WBETH?
WBETH offers enhanced utility beyond traditional staking. You can engage in Decentralized Finance (DeFi) by providing it as liquidity on various Decentralized Exchanges (DEXs). It can also be used as collateral to borrow other digital assets on lending platforms. Furthermore, WBETH can be actively traded directly against other cryptocurrencies like ETH or stablecoins on the spot market.
I've wrapped my BETH into WBETH, and I no longer see daily reward distributions. Have I lost my staking rewards?
This is a common concern among users transitioning from BETH to WBETH. Rest assured, you have not lost your staking rewards. The method of reward delivery changes when you wrap BETH into WBETH. Instead of receiving daily token distributions, your rewards are now continuously integrated into the WBETH token's value itself. This means your WBETH token gradually becomes more valuable relative to ETH each day, reflecting your accumulated earnings.
Important WRAPPED BEACON ETH (WBETH) industry updates
Time (UTC+8) | Type | News |
|---|---|---|
01-15 22:55:14 | Market Information | Wrapped Beacon ETH (WBETH) is Binance's liquid staking token for Ethereum, launched in April 2023. It represents one BETH plus accrued staking rewards, designed to allow users to earn ETH staking rewards while maintaining liquidity for DeFi participation. WBETH accumulates rewards by increasing in value relative to BETH, not by increasing in token quantity. By August 2023, its utility expanded significantly, integrating into Binance Earn, Loans, and Spot markets, and widely adopted across external DeFi protocols. WBETH offers enhanced flexibility for staked ETH, enabling broad Web3 engagement while continuously accruing staking yields. |
