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Wrapped rsETH
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Wrapped rsETH Price(WRSETH)

Details
ⓘ LBank does not support trading or services for this token.
$2,202.9
-0.87%
1d
USD
Last updated on: 2026-05-23 07:54:39
WRSETH price insightsWhat is WRSETH?AI analysis reportWRSETH Price PredictionHow to buy WRSETHHot EventsFAQ

Wrapped rsETH (WRSETH) Price information (USD)

24HLower Price
$2,190.85
24HUpper Price
$2,284.6
All-Time High
$5,195.64
Lower Price
$1,450.75
Change(1H)
+0.10%
Change(24H)
-3.05%
Change(7D)
-4.90%

The current real-time price of WRSETH is $2,202.9. In the past 24 hours, WRSETH has traded between $2,190.85 and $2,284.6, showing strong market activity. The all-time high of WRSETH is $5,195.64, and the all-time low is $1,450.75.

From a short-term perspective, the price change of WRSETH over the past 1 hour is +0.10%, over the past 24 hours is -3.05%, and over the past 7 days is -4.90%. These figures provide a quick overview of the latest price trends and market dynamics of WRSETH on LBank.

Wrapped rsETH (WRSETH) Market Information

Popularity
--
MC
$66.528M
Trading Volume(24H)
10.33K
Fully Diluted Market Cap
66.529M
Circulating Supply
30.2K
Total Supply
30.2K
Launch Date
--
Underlying Blockchain
--
The current market cap of WRSETH is $66.528M, with a 24h trading volume of 10.33K, a circulating supply of 30.2K, a total supply of 30.2K, and a fully diluted valuation (FDV) of 66.529M.

Wrapped rsETH (WRSETH) Today's Price

The live price of WRSETH today is $2,202.9, with a current market cap of $66.528M. The 24-hour trading volume is 10.33K. The price of WRSETH to USD is updated in real time. WRSETH's 24-hour price change is -3.05%. Circulating supply: 30.2K.

Wrapped rsETH (WRSETH) Price History (USD)

Date Comparison
Value Change
Change (%)
Today
-$69.44067
-3.05%
30 days
-$159.3858
-6.61%
60 days
-$42.21584
-1.84%
90 days
$151.6241
+7.22%
Want to unlock the full price history and price trends of WRSETH? View now WRSETH Price history page

What is WRAPPED RSETH (WRSETH)?

Wrapped rsETH, or WRSETH, is a cryptocurrency token that represents Kelp DAO's restaked ETH (rsETH) in a one-to-one ratio. It is considered a Liquid Restaked Token (LRT) and is issued by Kelp DAO. The primary purpose of WRSETH is to enable the use of rsETH on various blockchain networks, which enhances its liquidity and overall utility within the Web3 ecosystem. Users can obtain WRSETH by restaking their Ethereum (ETH) through the Kelp DAO platform. This process can be done on several Layer 2 (L2) blockchain networks, including Optimism, ZKsync ERA, Linea, Base, and Mode. These L2 solutions are designed to improve the scalability and efficiency of the Ethereum network by handling transactions off the main chain, which helps to reduce network congestion and lower transaction fees. WRSETH is deeply integrated within the Kelp DAO ecosystem and utilizes the EigenLayer technology. EigenLayer is a system that aims to enhance the Ethereum ecosystem by providing liquid restaking solutions. This setup allows individuals to potentially increase their staking rewards while also contributing to the security and decentralized nature of the network. EigenLayer itself operates as a decentralized organization. Beyond its role in staking, WRSETH supports bridging to other L2 solutions like ScrollZKP and Arbitrum. It can also be used in various decentralized finance (DeFi) activities. Kelp DAO, the issuer of WRSETH, has undergone multiple security audits by reputable firms such as Sigma Prime, Code4rena, and MixBytes to ensure the integrity of its smart contracts. The project also works with Chainlink, Redstone, and API3 for price feeds related to rsETH and has plans to transition to a decentralized governance model. Learn more

When is the right time to buy WRSETH? Should I buy or sell WRSETH now?

Before deciding whether to buy or sell WRSETH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WRSETH technical analysis can provide you with trading references.

Based on WRSETH 4-hour technical analysis, the trading signal is --.

Based on WRSETH 1-day technical analysis, the trading signal is --.

Based on WRSETH 1-week technical analysis, the trading signal is --.

Future price trend of WRSETH

What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WRSETH.

How much will WRSETH be worth tomorrow, next week, or next month in ? What about your WRSETH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now!WRSETH Price Prediction

Buy WRSETHWRSETH Technical AnalysisWRSETH Price Prediction

How to buy WRAPPED RSETH (WRSETH)

Looking to buy How to buy WRSETH? The process is simple and hassle-free! You can easily purchase WRSETH on LBank by following our step-by-step buying guide. We provide detailed instructions and video tutorials showing how to register on LBank and use various convenient payment options.

Convert WRSETH to local currency

1WRSETH to USD conversion2,202.9 USD1WRSETH to MXN conversion38,171.89 MXN1WRSETH to ZAR conversion37,364.51 ZAR1WRSETH to IQD conversion2.887M IQD1WRSETH to TWD conversion69,334.63 TWD1WRSETH to DOP conversion129.972K DOP
1WRSETH to MYR conversion8,740.903 MYR1WRSETH to UYU conversion87,971.72 UYU1WRSETH to GEL conversion5,859.711 GEL1WRSETH to MAD conversion20,328.51 MAD1WRSETH to OMR conversion847.0164 OMR1WRSETH to SEK conversion20,636.06 SEK

WRSETH Resources

To learn more about WRSETH, consider exploring other resources such as the whitepaper, official website, and other published information:

Position distribution

View Wrapped rsETH(WRSETH) data
Top 5 addresses
Holding amount
Holding ratio
base
0x80a9...930ed1
28,977.78
99.39%
base
0xfc41...72f4b5
33.14734
0.11%
base
0x14dc...39e2a4
29.76688
0.10%
base
0x46e6...0970bf
21.09113
0.07%
optimistic-ethereum
0x181b...58668e
12.18713
0.04%
Other
82.38694
0.28%

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WRAPPED RSETH (WRSETH) FAQ

wrsETH is a wrapped token that mirrors Kelp DAO's restaked ETH (rsETH) at a 1:1 ratio. This design allows it to be utilized across various blockchain networks, significantly boosting its liquidity and overall utility within the decentralized finance (DeFi) ecosystem. It acts as a representation of underlying restaked assets, offering flexibility for users to engage with different protocols.
Users can mint wrsETH by restaking their ETH through the Kelp DAO platform. This process is available on several Layer 2 chains, including Optimism, ZKsync ERA, Linea, Base, and Mode. Essentially, it allows participants to engage in restaking activities on these networks, receiving wrsETH as a liquid representation of their restaked ETH, which can then be used elsewhere.
wrsETH functions as a Liquid Restaked Token (LRT) within the Kelp DAO ecosystem. Its main applications involve enabling users to participate in diverse decentralized finance (DeFi) activities, allowing them to maximize potential staking and restaking rewards. Furthermore, wrsETH facilitates seamless bridging to other Layer 2 solutions such as Scroll_ZKP and Arbitrum, enhancing its interoperability and reach across the multi-chain environment.
The core technology powering wrsETH is EigenLayer. EigenLayer is specifically designed to enhance the broader Ethereum ecosystem by providing innovative liquid restaking solutions. This foundational technology allows for the creation and operation of tokens like wrsETH, which represent restaked assets in a liquid form, enabling their use in various DeFi protocols and expanding the utility of staked ETH.
Significant risks for wrsETH, as a wrapped token and LRT, include its reliance on oracles for accurate pricing. A past incident involved an oracle malfunction leading to drastic overvaluation and an exploit, highlighting this vulnerability. Other risks involve the potential for underlying assets, such as stETH or frxETH, to depeg from ETH, which would directly impact wrsETH's value. Users should be aware of these potential disruptions to its peg and the overall stability of the token.
Yes, KelpDAO, the entity behind wrsETH, has undergone multiple rigorous security audits. These assessments were conducted by reputable firms specializing in blockchain security, including Sigma Prime, Code4rena, and MixBytes. Such audits are crucial for identifying and mitigating potential vulnerabilities within smart contracts and the overall protocol, enhancing trust and safeguarding user assets within the ecosystem. This commitment to security is vital for a robust DeFi project.

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Disclaimer

Cryptocurrency prices are subject to high market risk and price volatility. You should invest only in projects and products you are familiar with and understand the associated risks. Carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investment decisions. This material should not be considered financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down or up, and you may not recover your invested amount. You are solely responsible for your investment decisions. LBank is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warnings. Please also note that the data related to the above-mentioned cryptocurrency (such as its current real-time price) is sourced from third parties and is provided “as is” for informational purposes only, without any representation or warranty. Links to third-party websites are not under LBank’s control, and LBank is not responsible for the reliability or accuracy of such websites or their content.

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Wrapped rsETH Technical Analysis