Staked Lido ETH (stETH) Wallet

Earn with Staked Lido ETH (stETH). It’s a simple and secure way to participate in the revenue distribution of the Ethereum blockchain. Download the stETH wallet today for iOS or Android and step into the exciting world of DeFi finance.

Also available on other platforms →

What Is Staked Lido ETH (stETH)?

Staked Lido ETH, or stETH, is a tokenized version, also called Liquid Staking Derivatives (LSDs), of staked Ethereum (ETH). This token represents your ETH holdings staked in the Ethereum 2.0 deposit contract, plus rewards, in a liquid and tradable form.

Staking involves participating in a proof-of-stake (PoS) system to support the operation of a blockchain network.
stETH tokens allow holders to earn rewards from Ethereum 2.0 staking while retaining liquidity.
The value of stETH increases over time as it accrues staking rewards, directly reflecting the rewards of Ethereum staking.
stETH is designed by Lido, a liquid staking solution for Ethereum.

Key Questions

When Was stETH Created?

Staked Lido ETH (stETH) was introduced in December 2020 as part of the Lido platform's offering.

Who Made stETH?

stETH was developed by Lido, a decentralized and autonomous platform designed to solve the liquidity problem associated with Ethereum staking.

What's the Price of stETH?

For the current price of Staked Lido ETH (stETH), please refer to your Gem Wallet.

Is stETH a Good Investment?

While stETH offers the potential for earning staking rewards and maintaining liquidity, the decision to invest should be based on personal research, risk tolerance, and financial circumstances.

How Does Staked Lido ETH (stETH) Work?

Staked Lido ETH (stETH) operates as part of the Ethereum 2.0 network's staking mechanism. When you stake your ETH with Lido, you receive an equivalent amount of stETH tokens in return. These tokens represent your staked ETH plus any rewards earned from staking. The innovative aspect of stETH is that it is liquid, meaning it can be traded, transferred, or used in DeFi applications even while it continues to earn staking rewards.

Key aspects of stETH include:

Staking: Users stake ETH with Lido and receive stETH in return.
Rewards: The balance of stETH tokens grows automatically as staking rewards are accrued.
Liquidity: stETH tokens can be traded or used in DeFi protocols, providing liquidity that is not available with traditional staking.
Decentralization: Lido uses a decentralized network of node operators to perform staking, enhancing security and trust.

What Are Liquid Staking Derivatives (LSDs)?

Liquid Staking Derivatives (LSDs) represent a user's staked assets in a blockchain protocol. For example, when users stake their Ethereum (ETH) with a liquid staking provider, they receive an LSD, which is a receipt token. This token is similar to most other cryptocurrency tokens in that it is fully fungible, transferable, and fractional.

LSDs essentially unlock the liquidity of the staked ETH, which is temporarily locked. The LSD has a similar value to the underlying staked ETH and allows users to indirectly use their staked ETH in DeFi activities. These activities could include selling the LSD, providing it as liquidity in a pool, lending it, or using it as collateral for a loan. This process allows users to earn additional yield on top of their staking rewards.

There are various providers that offer Liquid Staking Derivatives, including:

Lido Finance (LDO): Lido is a leader in liquid staking. Users deposit ETH and receive stETH, a receipt token that represents their staked ETH. Lido takes a 10% commission on the staking rewards. They have also introduced a wrapped version of stETH called wstETH, which grows in value over time instead of increasing in balance. As of the article's publication, Lido had a total value of about $7.2 billion in staked ETH, generating over $32 million in annualized revenue.
Rocket Pool (RPL): Rocket Pool is one of the largest ETH liquid staking protocols after Lido and is focused on decentralization. Users stake a minimum of 16 ETH and 1.6 ETH worth of RPL, the governance token of Rocket Pool, to become a node operator. Stakers receive rETH when depositing, which accrues value similar to wstETH. Rocket Pool takes a 5-20% fee of the staking rewards and gives it entirely to node operators directly.
Frax Finance: Frax Finance launched an ETH liquid staking service that turns ETH into frxETH, an ETH LSD. As of January 2023, Frax Finance's staked ETH had increased by 40%, marking a significant percentage growth compared to other LSD protocols, hence rising to claim its position as one of the top liquid staking providers.

Why Gem Staked Lido ETH (stETH) Wallet App Is the Best Choice?

Gem Wallet stands out as a leading Staked Lido ETH (stETH) wallet solution, combining security, privacy, and usability in one powerful app. Here's why users choose Gem Wallet for their Staked Lido ETH (stETH) needs:

Control and Self-Custody

Full control of your private keys and secret phrase. No third party can access or restrict your Staked Lido ETH (stETH). Your Staked Lido ETH (stETH) is truly yours.

Privacy Protection

No tracking, no personal information, no data collection. Complete privacy and control over your Staked Lido ETH (stETH).

Open-Source

Publicly available code on GitHub, allowing anyone to verify security and functionality.

Multi-Platform

Available on iOS, Android, and APK. Your Staked Lido ETH (stETH) wallet works wherever you go.

Staked Lido ETH (stETH) Wallet in Multiple Languages

Supporting 25+ languages including English, Spanish, Chinese, Russian, and Arabic. Fully localized for worldwide accessibility.

Built-In Staked Lido ETH (stETH) Services

Buy Staked Lido ETH (stETH) with 30+ payment methods. Swap stETH through integrated DEX aggregator. Manage all crypto assets in one secure place.

Comparison: Gem Wallet vs Exchange Wallets

See how storing Staked Lido ETH (stETH) in Gem Wallet differs from keeping it on exchanges

Feature	Gem Wallet	Exchange Wallets (Binance, Coinbase)
Registration Required	✅ None	❌ Full KYC
Personal Data Collection	✅ None	❌ Extensive (ID, address, selfie)
Open-Source	✅ Fully transparent	❌ Closed source
Private Keys Control	✅ Yes	❌ No
Account Freezing	✅ Impossible	❌ Possible
Setup Time	✅ 2 minutes	⚠️ 1-7 days (KYC verification)

Professional Security Features

Biometric Authentication: Use Face ID, Touch ID, or fingerprint to secure your wallet
PIN Protection: Set a strong PIN code as an additional security layer
Encrypted Backups: Your secret phrase is stored securely and never leaves your device
Regular Security Audits: Independent security reviews ensure wallet integrity. Learn more about security →

Gem Wallet private key security and self-custody crypto wallet features

What Users Say About Gem Staked Lido ETH (stETH) Wallet

DariaGalli

Aug 7, 2025

⭐⭐⭐⭐⭐

"Great 👍🏻 I've been using this wallet for Bitcoin and USDT it's easy to use, and the design's actually..."

mitu Akter2

Feb 11, 2026

⭐⭐⭐⭐⭐

"Excellent crypto wallet! The app is very easy to use, even for beginners. Transactions are fast and secure, and I really like the clean interface. Setting up the wallet was simple, and I feel confident about the security features."

Cryptouser22

Mar 26, 2025

⭐⭐⭐⭐⭐

"Very fast customer support response , it was much appreciated"

Borisza1

Dec 26, 2025

⭐⭐⭐⭐⭐

"Very fast and easy app to use fast transfers"

Danish

Jan 11, 2026

⭐⭐⭐⭐⭐

"fantastic wallet simple, easy to use, friendly, interface secure with many more great features. I think, this is perfect for nowadays needs and fast crypto transactions."

NewbieCrypto_2024

Dec 15, 2025

⭐⭐⭐⭐⭐

"Perfect for beginners. Set it up in under 2 minutes and bought my first Bitcoin through the wallet. Super easy!"

Sabana

Dec 30, 2025

⭐⭐⭐⭐⭐

"Gem Wallet offers a clean interface and solid security for managing crypto assets. Transactions are smooth, and the wallet feels reliable for everyday use."

LadyTech777

Dec 12, 2025

⭐⭐⭐⭐⭐

"I wanted something easy to use, fast wallet with multiple old and new chains. Finally found all of this in Gem."

Ahmed Barca

Jan 9, 2026

⭐⭐⭐⭐⭐

"best app"

Stickyglow

Apr 10, 2025

⭐⭐⭐⭐⭐

"I love how I can cross chain swap btc and eth in base it was fastest swap ever."

Forhad Rahman

Jan 5, 2026

⭐⭐⭐⭐⭐

"A well-designed crypto wallet that balances security and usability. Managing assets feels simple, even for someone new to crypto."

RDJ670

Nov 12, 2025

⭐⭐⭐⭐⭐

"It's a very cool and fast wallet application which has simple interface...friendly users which make it easy to use."

Shani Jibo

Feb 8, 2026

⭐⭐⭐⭐⭐

"Very reliable and easy to use, great experience, will definitely use in the future."

vitos18372

Feb 26, 2025

⭐⭐⭐⭐⭐

"I use this wallet, very pleasant experience, will be my main wallet now!!!)))))"

pimptee

Oct 12, 2025

⭐⭐⭐⭐⭐

"I'm using gem wallet for some time now and it has been pretty reliable. It support basically every coin you can think of."

Clanos Clanas

Jul 6, 2025

⭐⭐⭐⭐⭐

"Good wallet for crypto exchange"

Joa.co

Jan 2, 2026

⭐⭐⭐⭐⭐

"Simple and powerful wallet with beautiful native iOS design. I downloaded Gem because I wanted an open source self custodial wallet with support for staking. I'm coming from Unstoppable Wallet which doesn't support staking, so it fills the gap nicely"

Jennifer662

Dec 27, 2025

⭐⭐⭐⭐⭐

"Gem Wallet makes crypto simple with fast in-app swaps, wide coin support, and reliable security designed for safe everyday use."

Tamam AlAli

Mar 24, 2025

⭐⭐⭐⭐⭐

"After trying the wallet, I really liked it. It is safe, easy to use, and has many of the currencies I need. Thank you. I recommend it."

Sarah_Crypto

Aug 12, 2025

⭐⭐⭐⭐⭐

"Switched from Coinbase and never looked back. I actually own my crypto now. The seed phrase backup is straightforward and secure."

How to Set Up a Staked Lido ETH (stETH) Wallet in 2 Minutes

Quick Setup Guide (3 Steps)

Creating a Staked Lido ETH (stETH) wallet is simpler than opening a bank account. Gem Wallet guides you through the entire process in minutes, making it accessible for complete beginners.

1. Download Staked Lido ETH (stETH) Wallet

Staked Lido ETH (stETH) Wallet: iOS, Android & APK

2. Create Staked Lido ETH (stETH) Wallet

Create a new wallet, save the secret phrase, and get your address in Staked Lido ETH (stETH).

3. Set Up Security for stETH

Enable PIN or biometric authentication and you're ready to go

Create Staked Lido ETH (stETH) Wallet for iOS

Get your stETH wallet on iPhone (2 min):

Open the App Store and search for "Gem Wallet"
Download and install the app (it's free and under 50MB)
Open Gem Wallet and tap "Create New Wallet"
Write down your secret phrase on paper - this is your master backup
Enable Face ID or set a PIN code for quick and secure access
Done!

Create Staked Lido ETH (stETH) Wallet for Android

Get your stETH wallet on Android (2 min):

Via Google Play: Search for "Gem Wallet" in the Play Store and install
APK: Download the APK file for maximum privacy and control
Open the app and select "Create New Wallet"
Write down your 12-word secret phrase on paper
Set up fingerprint or PIN authentication
Done!

Staked Lido ETH (stETH) wallet for Android

How to Get a Staked Lido ETH (stETH) Address

To get a Staked Lido ETH (stETH) wallet address, you first need to create or import a Staked Lido ETH (stETH) wallet. After that, the app will generate addresses for you automatically.

1 Open Gem Wallet

Launch the app on your phone and select Staked Lido ETH (stETH) (stETH) from your asset list.

2 Tap "Receive" Button

You'll see a large button at the bottom of the screen. Your Staked Lido ETH (stETH) wallet address will be displayed both as text and as a QR code.

3 Copy Your Address

Copy the address to clipboard, share the QR code, or send it directly through messaging apps.

Get Staked Lido ETH (stETH) wallet address in Gem Wallet

🔄 Unlimited Addresses

In Gem Wallet, you can generate unlimited Staked Lido ETH (stETH) addresses for free. Each address is derived from your secret phrase and remains under your control forever.