wstETH Peg Stability vs ETH

wstETH traded at 1.2472 ETH on Oct 20, 2026 (3-day median), 0.04% below its 90-day high. Its largest 90-day drawdown was -0.33%, bottoming on Sep 22, 2026. Since tracking began on Jan 1, 2025, the worst drawdown was -0.76% on Feb 6, 2025.

Current ratio1.2472Oct 20, 2026
Below 90d high-0.04%High 1.2477
90d max drawdown-0.33%Sep 22, 2026
Worst drawdown tracked-0.76%Feb 6, 2025
wstETH / ETH ratio (3-day median)

wstETH peg stats by period

WindowMax drawdownTrough dateBelow period highBaseline shift
7 days-0.05%Oct 16, 2026-0.04%-0.01%
30 days-0.45%Sep 22, 2026-0.12%+0.08%
60 days-0.33%Sep 22, 2026-0.04%+0.19%
90 days-0.33%Sep 22, 2026-0.04%+0.29%
Since tracking began-0.76%Feb 6, 2025-0.04%+2.54%
559 daily ratios from Jan 1, 2025 to Oct 20, 2026. Source: DeFiLlama prices.

More from wstETH

Other ETH wrappers

How peg stability is measured

Each ratio is the wrapper's market price divided by its underlying asset's market price, sourced daily from DeFiLlama. Charts and stats use a 3-day rolling median (smoothed daily ratio) to suppress single-day price prints. For LSTs the ratio naturally drifts up over time as staking yield accrues.

Current deviation compares today's ratio to the highest ratio in the window. The most actionable signal: it answers "is it off peg right now?"

Max drawdown is the largest peak-to-trough drop in the window. It is historical, useful for spotting acute events even after the wrapper has recovered.

Baseline shift compares the median ratio in the recent half of the window to the prior half. Negative values mean the wrapper settled at a lower plateau: a regime change rather than a single bad print. Note: for yield-accruing LSTs, small positive values just reflect normal staking drift, not a peg event. None of these are redemption guarantees.

Hold wstETH? Track it with the rest of your net worth.

UpdraftFi tracks your wallets, LSTs and traditional assets in one private net worth history.

Start Free Trial