OKX to List Lido Staked Ether ($stETH)

OKX announced it will list Lido Staked Ether ($stETH) on its spot trading markets. $stETH deposits are open on July 18th at 2am UTC. Once the $stETH token deposit meets the exchange's requirements, OKX will list stETH/USDT and stETH/ETH spot trading. $stETH withdrawals will open on July 19th at 10am UTC.

Lido Staked Ether ($stETH) is a staked $ETH in Lido based on multiple networks, combining the value of the initial deposit and staking rewards. The Lido is an Ethereum Liquid Staking Protocol, built on Ethereum 2.0's Beacon chain, allowing its users to earn staking rewards on the Beacon chain without locking Ether or maintaining staking infrastructure.