Wrapped Beacon ETH price
Current price
$2,012.61
−0.24% 24h
Live Updated just now
Of the exchanges we read, only Binance has a current price for Wrapped Beacon ETH, so the price is the last trade there, with no other exchange to check it against.
Today Wrapped Beacon ETH is flat, in line with the market, We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next..
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View as table
| Time | Price |
|---|
Change by period
- 1 hour +0.50%
- 24 hours −0.24%
- 7 days −18.71%
- 30 days −24.65%
- 1 year −41.41%
Wrapped Beacon ETH's move in context
Moving with the market
−0.24% in 24 hours, close to the whole market (−0.46%). Nothing specific to Wrapped Beacon ETH stands out in the price.
- We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next.
$2.03M traded in the last 24 hours on the exchanges we read, about 2.5 times its usual day.
Part of a slide
−18.7% over 7 days and −24.7% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
Where to trade Wrapped Beacon ETH
So far we've found Wrapped Beacon ETH on Binance, among the exchanges we read.
Each exchange's last price against our price above. Listed for convenience, not as advice: check that an exchange is allowed where you live.
About Wrapped Beacon ETH
Overview
Wrapped Beacon ETH (wbETH) is an innovative cryptocurrency designed to facilitate the integration of Ethereum's Beacon Chain with the Ethereum Mainnet. Its primary purpose is to enable users to stake Ethereum and receive a wrapped token that represents their staked ETH, allowing them to participate in decentralized finance (DeFi) applications while their assets remain staked. The core mission of wbETH is to enhance liquidity for staked Ethereum, incentivize participation in the Ethereum network's proof-of-stake (PoS) validation, and streamline asset management in a rapidly evolving blockchain ecosystem. Distinguishing features of wbETH include its seamless compatibility with DeFi protocols, its robust backing by staked ETH, and a secure, decentralized model that promotes user empowerment.
Technical Features
Wrapped Beacon ETH operates on the Ethereum ecosystem and leverages the underlying proof-of-stake consensus mechanism introduced in Ethereum 2.0. This mechanism is designed to provide greater energy efficiency and enhanced security compared to its predecessor, proof-of-work (PoW). The security model of wbETH is rooted in the staking of ETH, which locks up assets as a means of ensuring network integrity. An innovative aspect of wbETH is its use of smart contracts to facilitate the minting and burning of wrapped tokens, enabling users to convert their staked ETH into liquid assets without losing rewards. Its network architecture supports interoperability, allowing wbETH to be utilized across various DeFi platforms and applications, thus optimizing user experience and liquidity.
Use Cases
The primary use case for Wrapped Beacon ETH lies in the DeFi landscape, where it allows users to maintain liquidity while holding staked Ether. Users can leverage wbETH for yield farming, lending, and borrowing, maximizing their earning potential on their staked assets. Another significant application is in governance, where holders of wbETH can participate in voting mechanisms within various DeFi protocols, contributing to project decisions and upgrades. Additionally, wbETH can be utilized in cross-border payments, providing a blockchain-based solution that is secure and efficient. Its compatibility with smart contracts enhances its functionality, allowing developers to create diverse applications that utilize the liquidity and staking benefits of wbETH.
Development Background
Wrapped Beacon ETH was launched as a solution to the challenges faced by stakers in the Ethereum network after its transition to proof-of-stake. It was developed by prominent teams within the Ethereum community, aimed at enhancing the staking infrastructure. The project gained traction following the Ethereum 2.0 launch, where a growing number of users sought to stake their assets without sacrificing liquidity. Notable events in its history include significant partnerships with leading DeFi protocols and exchanges, cementing its position in the cryptocurrency ecosystem.
Community and Ecosystem
The ecosystem surrounding Wrapped Beacon ETH is vibrant, characterized by active community involvement and consistent development support. Numerous partnerships with DeFi platforms have led to innovative uses of wbETH, fostering a multitude of projects that integrate this wrapped token. The community encompasses developers, investors, and stakeholders in Ethereum's ecosystem who contribute to advancing wbETH and ensuring its utility. Regular community discussions and collaborations play a crucial role in shaping the project’s evolution and responsiveness to market needs.
Future Potential
The future potential of Wrapped Beacon ETH remains promising, given its technological framework and the increasing adoption of Ethereum 2.0. As DeFi continues to grow, wbETH is poised to become a vital asset for users looking to maximize their staked Ethereum. Upcoming developments may include enhancements in scalability, new partnerships within the DeFi space, and expanded functionalities to encompass new financial products and services. This trajectory suggests that Wrapped Beacon ETH will remain a pivotal player in the evolving landscape of cryptocurrencies, stimulating innovation and user engagement.
Wrapped Beacon ETH market
- Position by market cap among the coins we track whose circulating supply is checked.
- #16
- Position by market cap among the coins we track whose circulating supply is checked.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $7.04B
- Price × coins in circulation. It measures a coin's size, not its quality.
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- $2.03M
- on the exchanges we read
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- Low $1,900.63 High $2,052.82
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- $5,330.14
- Now 38% of it Reached 24 Aug 2025 · Needs +165% to get back
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- Coins that exist now and can be traded.
- 3.5M WBETH
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
Wrapped Beacon ETH converter
1 Wrapped Beacon ETH = $2,012.61
