WBETH is a liquid staking cryptocurrency for Ethereum (ETH) staking, providing liquidity. Each WBETH token equals one Ethereum token, including total staking rewards from ETH Staking. WBETH, a wrapped version of BETH (representing staked ETH), accumulates ETH2.0 staking rewards by increasing in value relative to BETH, not quantity. This allows Ethereum stakeholders to stake without sacrificing asset liquidity. WBETH was introduced by Binance to innovate in the DeFi sector, particularly Ethereum staking. It enables users to participate in Ethereum’s staking process while retaining flexibility for other DeFi projects by providing immediate liquidity to staked assets. WBETH’s primary use is to offer users the dual benefit of participating in Ethereum staking and maintaining liquidity for other investment opportunities in the DeFi space. By holding WBETH, users can earn staking rewards from Ethereum 2.0 while engaging in other financial activities in the DeFi ecosystem.

Wrapped Beacon ETH (WBETH) is a liquid staking cryptocurrency specifically created to facilitate Ethereum (ETH) staking while providing liquidity. Each WBETH token is equivalent to one Ethereum token, inclusive of the total staking rewards accrued by the ETH token in ETH Staking. Importantly, WBETH is a wrapped version of BETH, which itself represents staked ETH. WBETH is characterized by its reward-bearing nature, meaning it accumulates ETH2.0 staking rewards not by increasing in quantity but by increasing in value relative to BETH. This design allows Ethereum stakeholders to participate in the staking process without sacrificing the liquidity of their assets.

WBETH was introduced by Binance. The project is significant for its innovation in the DeFi (Decentralized Finance) sector, particularly in the context of Ethereum staking. The initiative behind WBETH is to enable users to partake in Ethereum's staking process while retaining the flexibility to engage in other DeFi projects. This is achieved by providing immediate liquidity to staked assets, addressing a common challenge faced by cryptocurrency investors who often have to choose between earning staking rewards and maintaining liquid assets.

Wrapped Beacon ETH (WBETH) Price | WBETH to USD Price and Live Chart