Wrapped Beacon ETH (WBETH) is a liquid staking token representing staked Ethereum (ETH) plus accrued staking rewards, letting holders trade or use their staked ETH while still earning yield.
Issued primarily through Binance’s ETH Staking platform, 1 WBETH ≈ 1 ETH + staking rewards, unlocking liquidity that would otherwise be locked until Ethereum unbonding completes.
The token’s price closely tracks ETH’s value but often trades at a premium as rewards accumulate into its exchange value over time.
WBETH’s role in DeFi allows it to be used as collateral, in liquidity pools, or restaked through protocols like Eigenpie for additional yields, boosting utility beyond simple staking.
Recent price action sits well below its 2025 all‑time highs, reflecting wider crypto volatility and profit‑taking after large rallies in liquid staking tokens.
The strength of the Ethereum ecosystem and institutional interest in staking products may support longer‑term demand, though token risk is tied to ETH price swings and exchange dynamics.
