$WBETH
is Binance’s liquid staking token that represents staked ETH (BETH) in a wrapped, transferable form. It allows users to earn Ethereum staking rewards while still being able to trade, transfer, or use the asset in DeFi. WBETH’s value gradually increases over time because the staking rewards are reflected in its exchange rate against ETH. As a liquid staking asset, it provides flexibility compared to traditional locked ETH staking. The main benefits include liquidity, passive rewards, and integration with multiple DeFi platforms. However, risks include smart-contract vulnerabilities, dependence on Binance infrastructure, and market volatility.
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WBETH
3,190.16
+0.23%