stETH and wBETH pay almost the same right now (2.23% vs 2.24%). Both are ETH liquid staking tokens you can sell anytime, so the choice comes down to yield, size (TVL) and which apps accept them.
Side by side
| stETH | wBETH | |
|---|---|---|
| Net yield | 2.23% | 2.24% |
| Type | Liquid staking token | Liquid staking token |
| Issuer | Lido | Binance Staked ETH |
| Total value locked | $23674M | $8633M |
| Lockup | None — swap anytime (or redeem via protocol) | None — swap anytime (or redeem via protocol) |
| US availability | All US states | All US states |
| Source | DeFiLlama Yields | DeFiLlama Yields |
| Updated | Oct 22, 2026 | Oct 22, 2026 |
See every option on the ETH staking page.
Frequently asked questions
Is stETH or wBETH better?
stETH and wBETH pay almost the same right now (2.23% vs 2.24%). Yields move daily, so check the live numbers on our ETH staking page.
What is the difference between stETH and wBETH?
stETH is issued by Lido; wBETH is issued by Binance Staked ETH. Both are ETH liquid staking tokens you can sell anytime, so the choice comes down to yield, size (TVL) and which apps accept them.
Can I switch from stETH to wBETH?
Yes. You can swap one for the other on a DEX or exchange that lists both. Swaps can carry a small price difference and network fees.
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