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ETH vs WSTETH

ETH earns about 25.42% at the top end right now; WSTETH caps around 11.57%. The bigger choice is what each token is for — same family or same use case?

Ethereum's native coin — the base asset for most DeFi. Liquid staking token for ETH — earns staking rewards while staying liquid.

Side-by-side

ETH and WSTETH — what each is and what they earn

ETH WSTETH
Symbol Eth Wsteth
Family Eth Eth
Type Native Lst
Native staking APR 3.10%
Market cap $280 B $9.7 B
Live pools 788 311
Best yield 25.42% 11.57%
Chains supported 28 22

Frequently asked

ETH vs WSTETH — common questions

Is ETH or WSTETH safer to hold yield on? +
Volatility differs first: stablecoins move ~0%, native coins move 30–80% a year, LSTs and wrapped tokens add small de-peg risk on top. For yield specifically, look at where each token earns — the chain and protocol matter more than the token itself.
Does ETH or WSTETH earn more? +
Right now ETH hits about 25.42% on its best live pool — but headline rate isn't the same as expected return. A 12% LP rate with 30% volatility is not better than 5% on a stablecoin.
Should I swap ETH for WSTETH to chase yield? +
Probably not just for yield — slippage, gas, and tax on the swap usually eat several months of the rate gap. Swapping makes sense when you're moving between different categories (e.g. native to LST) or you want a token you'll use for other things.
How do I choose between ETH and WSTETH? +
Start with what you already hold and what you understand. If both are unfamiliar, pick the one with a clearer use case to you — a coin you'll spend or stake long-term beats a higher rate on a token you can't explain.