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Staked Ether Price Discount Widens to Most Since June Ahead of Ethereum Merge

The discount in Lido's staked ether is widening, perhaps due to holders switching to ETH ahead of the Merge.

By Omkar Godbole
Updated May 11, 2023, 6:59 p.m. Published Sep 7, 2022, 11:26 a.m.
Lido's staked ether (stETH) token is trading at a 5% discount to ether's price. (Dune Analytics)
Lido's staked ether (stETH) token is trading at a 5% discount to ether's price. (Dune Analytics)