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  • #507

Wrapped Beacon ETH WBETH

WBETH Price

$3,158.782.65%
Price Range--
--

Market Cap 

$2.84 BRank #507

FDV 

$2.83 BRank #2861

Investors

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OverviewExchangesFundraisingVesting

Detailed Performance

SentimentBearish

WBETH shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
WBETH/USD
0.07%2.96%-4.70%-5.47%23.86%--
-0.44%-1.01%-0.65%-6.69%-19.44%--
-0.03%-0.04%0.17%0.32%0.68%--
0.25%-2.65%0.63%18.36%14.18%--

WBETH to USD Converter

WBETH

Price History

All-Time High
$4,831.90
1.53x to ATH
All-Time Low
$343.60
9.19x to ATL
Trade Launch Date
2 May, 2023
353 days ago

Exchanges

Exchanges type

Binance
WBETH/ETH
$3,161.50$8.07 M73.933%Recently
Binance
WBETH/USDT
$3,162.20$2.85 M26.067%Recently

About WBETH

Wrapped Beacon ETH (WBETH) is a wrapped version of BETH. It is a reward-bearing asset that accumulates ETH2.0 staking rewards. WBETH grows in value in relation to BETH, allowing users to earn double yield potential. By holding WBETH, users can earn staking rewards and also explore opportunities in decentralized finance (DeFi) and other blockchain-based applications. WBETH can be held in any self-custodied wallet on the Ethereum or Binance Smart Chain (BSC) blockchain, enabling users to send their staked ETH off-platform and receive rewards.

What makes Wrapped Beacon ETH unique?

Wrapped Beacon ETH (WBETH) is unique compared to other cryptocurrencies because it combines the benefits of staking rewards and participation in decentralized finance (DeFi) opportunities. WBETH is a wrapped version of BETH, which means it represents ownership of BETH while still being able to be used in various DeFi applications.
One unique aspect of WBETH is that it is reward-bearing in nature. It accumulates ETH2.0 staking rewards, not by growing in number, but by growing in value in relation to BETH. This means that holding WBETH allows users to earn staking rewards while also benefiting from the potential increase in value over time.
Another unique feature is the ability to move WBETH on-chain and explore exciting DeFi and other dApps opportunities. By holding WBETH, users can participate in various DeFi protocols, lending and borrowing platforms, decentralized exchanges, and more. This provides additional earning potential beyond just staking rewards.
Furthermore, WBETH can be held in wallets owned by users anywhere, not limited to the Binance platform. This allows users to have full control over their WBETH and still receive staking rewards. The value of WBETH will increase over time, even if it is not held on Binance.
In summary, WBETH stands out among other cryptocurrencies by offering a combination of staking rewards, participation in DeFi, and the ability to hold it in self-custodied wallets, providing users with double yield potential and greater flexibility.

Live Wrapped Beacon ETH Price Data

The current price of Wrapped Beacon ETH (WBETH) is approximately $3,158.78, reflecting a increase of 2.65% in the last 24 hours. The WBETH trading volume in the last 24 hours stands at $10.90 million. Wrapped Beacon ETH's market cap is currently $2.84 billion, accounting for about 0.12% of the total crypto market cap. The circulating supply of WBETH is 896,362.02. 

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Wrapped Beacon ETH's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on WBETH, check out our crypto insights page. 

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