HostWBTC vs WSTETH — price, size and safety, side by side
WBTC (Ethereum) vs WSTETH (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-27.
WBTC vs WSTETH — normalized performance, 2026-09-08 to 2026-09-27T15:10:18
| WBTC | WSTETH | |
|---|---|---|
| Price | $84.65K | $3.38K |
| Market cap | $9.83B | $12.53B |
| 24h volume | $30.16M | $2.66M |
| Liquidity | $224.32M | $50.30M |
| FDV | $9.83B | $12.44B |
| Holders | 196,306 | 39,070 |
| Age (days) | 1,583 | 1,492 |
| Safety grade | C | B |
Where they differ
- WBTC measures ~4.5× the liquidity of WSTETH
- WBTC measures ~11× the 24h volume of WSTETH
- WBTC measures ~5.0× the holder count of WSTETH
What the data says
WBTC
WBTC is the original wrapped Bitcoin — the ERC-20 that put BTC on Ethereum's DeFi rails in 2019, custodied by BitGo with a mint-and-burn pipeline run through KYC'd merchants. The deployment 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 is the canonical mint, one of the oldest contract addresses in DeFi; our September 27, 2026 snapshot reads $224.3 million of tracked pool liquidity on this pair set — a slice of a float that spans every major venue.
The honest frame is unchanged since launch: holding WBTC means trusting BitGo's custody — the reserve is attested and the mint pipeline is transparent, but the claim is institutional, not cryptographic. Coinbase's cbBTC arrived as the regulated-competitor answer; the two trade the same BTC exposure with different custodians, and the depth split between them is the market's live verdict on whose custody it prefers.
WSTETH
wstETH is stETH made legible to DeFi — the same claim on Lido-staked Ether, wrapped so the balance stops moving: where stETH re-bases your token count upward each day, wstETH holds a fixed count and lets the exchange rate against stETH do the appreciating. That is the shape lending markets, bridges and LPs need, which is why the contract at 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 became the canonical collateral form — our September 27, 2026 snapshot reads $50.3 million of tracked pool liquidity on it.
The verdict therefore inherits stETH's, plus one wrapper-layer note. You hold a claim on staked ETH via Lido — subject to its validator set, Ethereum's exit queue, and stETH's own depeg memory (June 2022, when it traded visibly under par) — and the price shown for wstETH is stETH's price times a steadily growing conversion rate, so it will always quote above ETH while tracking correctly. Nothing about that is a defect; it is the mechanic to understand before reading the quote as a premium.
FAQ
Which is bigger, WBTC or WSTETH?
By tracked market cap: WBTC (Ethereum) measures $9.83B and WSTETH (Ethereum) measures $12.53B — dated snapshots, not a live feed.
Which is safer, WBTC or WSTETH?
On the contract checks we publish: WBTC (Ethereum) grades C and WSTETH (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have WBTC and WSTETH performed over the shared window?
Between 2026-09-08 and 2026-09-27T15:10:18, the measured snapshots show WBTC at +8.73% and WSTETH at +9.82%.
More comparisons
WBTC vs FWWETHUSDC vs WBTCWBTC vs CRVUSDWETH vs WBTCWSTETH vs LGNSWSTETH vs ETHWSTETH vs GHSTWSTETH vs RLUSD
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→2026-09-27T15:10:18; 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.