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About Arbitrum Bridged wstETH (Arbitrum)
Analysis of 3 Feb 2026Arbitrum Bridged wstETH is the wrapped, non-rebasing version of Lido's stETH on Arbitrum, trading at $2,914 as of February 3, 2026 (at 1.224x ETH exchange rate reflecting accumulated staking rewards since inception). The token enables Ethereum staking yields (3-5% APY) with full DeFi composability on Arbitrum's L2. wstETH maintains approximately $201M supplied on Aave V3 Arbitrum with deep liquidity across Uniswap V3 ($9.5M daily volume), Curve, and Balancer.
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Lido holds 24.4% of total staked ETH with $44.8B in liquid staking TVL, maintaining market leadership despite competition from ether.fi (5.3%) and Rocket Pool (2.8%). Arbitrum maintains ~31% of L2 DeFi TVL with $2.8B, though Base has recently surpassed it with 46.6% market share.
