HostFWWETH vs STETH — price, size and safety, side by side
FWWETH (Ethereum) vs STETH (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-26T06:07:05 / 2026-09-26.
FWWETH vs STETH — normalized performance, 2026-09-08 to 2026-09-26T06:07:05
| FWWETH | STETH | |
|---|---|---|
| Price | $2.71K | $2.51K |
| Market cap | — | $26.25B |
| 24h volume | $2.16M | $1.52M |
| Liquidity | $221.47M | $102.73M |
| FDV | $293.24M | $26.25B |
| Holders | 238 | 627,455 |
| Age (days) | 518 | 1,524 |
| Safety grade | E | B |
Where they differ
- FWWETH measures ~2.2× the liquidity of STETH
- STETH measures ~2,636× the holder count of FWWETH
- over the shared window FWWETH moved +9.71% while STETH moved +1.45%
What the data says
FWWETH
FWWETH shows the same wrapped-wrapper shape as its Bitcoin-named sibling: about $221 million of tracked pool liquidity in our September 26, 2026 snapshot — impressive depth for a token whose brand leaves almost no public trail — against roughly $5 million of recorded daily volume. That turnover is livelier than its sibling's but still thin against depth of that claimed size, and on an asset this opaque the figure deserves skepticism rather than credit.
Mechanically this is a claim on wrapped ETH, meaning the holder sits two contracts away from Ether: WETH itself, plus whatever wrapper contract issued this receipt at 0xa250cc729bb3323e7933022a67b52200fe354767. Each layer is a custody you inherit — the wrapper's mint powers, redemption mechanics, and owner controls are what actually determine safety, and our market-structure snapshot assessed none of them. The B grade describes the pool's shape; it says nothing about whether the claim behind it is honored.
STETH
stETH is the receipt that made Ethereum staking liquid — deposit ETH with Lido, receive stETH, and the balance re-bases upward daily as staking rewards accrue. The contract at 0xae7ab96520de3a18e5e111b5eaab095312d7fe84 is the canonical deployment; our September 26, 2026 snapshot reads $102.7 million of tracked pool liquidity, against only about $1.5 million of recorded daily volume in this pair set. That thin on-chain turnover is the honest kind: stETH's real exit is the redemption path through Lido itself plus deep exchange books, not the DEX pools our sampler measures.
The risk shape is the one every liquid-staking token carries: stETH is a claim on staked ETH, not ETH — it has traded visibly under par before (June 2022, when withdrawal uncertainty met a leverage unwind), and its value rests on Lido's validator set, Ethereum's exit queue, and the redemption machinery that ultimately anchors it. A rebase token also confuses some wallets, DeFi pools and tax tools — the count in your balance literally changes daily, which is exactly the friction its wrapped sibling wstETH exists to remove.
FAQ
Which is bigger, FWWETH or STETH?
By tracked market cap: FWWETH (Ethereum) measures — and STETH (Ethereum) measures $26.25B — dated snapshots, not a live feed.
Which is safer, FWWETH or STETH?
On the contract checks we publish: FWWETH (Ethereum) grades E and STETH (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have FWWETH and STETH performed over the shared window?
Between 2026-09-08 and 2026-09-26T06:07:05, the measured snapshots show FWWETH at +9.71% and STETH at +1.45%.
More comparisons
WBTC vs FWWETHUSDC vs FWWETHFWWETH vs CRVUSDFWWETH vs SASHIMISTETH vs NODASTETH vs GALABETSTETH vs ETHSTETH vs FWWBTC
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-08→2026-09-26T06:07:05; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.