Lido Staked ETH (STETH) is trading at $2,409.92 down 2.36% over the past 24 hours. Its Galaxy Score is 58.4, LunarCrush's combined measure of market and social performance. Over the last 24 hours it has seen 32K engagements and 122 posts with 72% positive social sentiment.
AI summary: Lido Staked ETH ($STETH) is a liquid staking derivative token representing ether staked through the Lido protocol on Ethereum, enabling continuous yield without locking funds and widely viewed as the flagship liquid staking derivative in DeFi. The -2.97% weekly slide and flat price despite $200M institutional inflows reflect markets weighing EIP-8363 supply compression risks and whale-driven FUD over the bullish TVL and staking fundamentals, with the circulating mismatch exacerbating the gap between strong metrics and flat token valuation.