Convert Liquid Staking Derivatives LSD to Wrapped Bitcoin WBTC
LSD to WBTC: 1 Liquid Staking Derivatives converts to 0.00000007183 WBTC
About LSD and WBTC
Liquid Staking Derivatives is climbing, while Wrapped Bitcoin is falling this week. The current LSD to WBTC conversion rate is 0.00000007183. Inversely, this means that if you convert 1 WBTC you will get 13,921,922.03 LSD. The conversion rate of LSD/WBTC has decreased by 0.01% in the last hour (WBTC/LSD increased by 0.01%). In the last 24 hours, LSD/WBTC grew by 0%, while WBTC/LSD shrunk by the same amount.
The exchange rate of Liquid Staking Derivatives is increasing. The current value of 1 LSD is 0.00000007183 WBTC. In other words, to buy 5 Liquid Staking Derivatives, it would cost you 0.00000035915 WBTC. Inversely, 1 WBTC would allow you to trade for 13,921,922.03 LSD while 50 WBTC would convert to 696,096,101.60 LSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.6%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 LSD to WBTC was 0.00000007209 WBTC and the lowest 24 hour value was 1 LSD for 0.00000007096 WBTC. Last month, 1 LSD was worth 0.00000007728 WBTC. Today, it's down 7.59%. Looking back a year, Liquid Staking Derivatives has changed by 0.0000001078 WBTC. That means that in a single year, the value of Liquid Staking Derivatives has shrank by 50.01%.
Liquid Staking Derivatives Market Stats
$LSD is a liquid staking aggregator protocol based on algorithms that detect and calculate the best possible solution for the highest APY. $LSD uses a proprietary smart contract to manage and automatically rebalance the portfolio to generate the best APY’s for its investors. Staking has to-date, offered and will likely continue to offer the most reliable yields in DeFi. Liquid staking - or the ability to stake ETH via swapping for a liquid asset, has emerged as the leader in this DeFi ecosystem. However investors must still contend with the difficulty of - evaluating yield (both in ETH and native tokens), choosing a protocol, and continually re-evaluating this over time. Enter $LSD. Simply put - users swap ETH for $LS-ETH, a wrapper around the $LSD Aggregator protocol - and our protocol will do the rest, ensuring the highest possible staked ETH yield across a multitude of liquid staking protocols via our proprietary smart contract.Custody of staked assets remains always with the user, which will aim to allow them to access that liquidity across the entire DeFi ecosystem.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
LSD to WBTC values from Today at 5:04 pm
0.5 LSD = 0.00000003591 WBTC |
1 LSD = 0.00000007183 WBTC |
5 LSD = 0.0000003591 WBTC |
10 LSD = 0.0000007183 WBTC |
50 LSD = 0.000003591 WBTC |
100 LSD = 0.000007183 WBTC |
500 LSD = 0.00003591 WBTC |
1,000 LSD = 0.00007183 WBTC |
WBTC to LSD values from Today at 5:03 pm
0.5 WBTC = 6,960,961.02 LSD |
1 WBTC = 13,921,922.03 LSD |
5 WBTC = 69,609,610.16 LSD |
10 WBTC = 139,219,220.32 LSD |
50 WBTC = 696,096,101.60 LSD |
100 WBTC = 1,392,192,203.20 LSD |
500 WBTC = 6,960,961,015.98 LSD |
1,000 WBTC = 13,921,922,031.97 LSD |
LSD to WBTC over time
LSD | Today | 24H 0.00% | 1M -7.59% | 1Y -50.01% |
|---|---|---|---|---|
0.5 LSD | 0.00000003591 WBTC | 0.00000003591 WBTC | 0.00000003864 WBTC | 0.00000005388 WBTC |
1 LSD | 0.00000007183 WBTC | 0.00000007183 WBTC | 0.00000007728 WBTC | 0.0000001078 WBTC |
5 LSD | 0.0000003591 WBTC | 0.0000003591 WBTC | 0.0000003864 WBTC | 0.0000005388 WBTC |
10 LSD | 0.0000007183 WBTC | 0.0000007183 WBTC | 0.0000007728 WBTC | 0.000001078 WBTC |
50 LSD | 0.000003591 WBTC | 0.000003591 WBTC | 0.000003864 WBTC | 0.000005388 WBTC |
100 LSD | 0.000007183 WBTC | 0.000007183 WBTC | 0.000007728 WBTC | 0.00001078 WBTC |
500 LSD | 0.00003591 WBTC | 0.00003591 WBTC | 0.00003864 WBTC | 0.00005388 WBTC |
1,000 LSD | 0.00007183 WBTC | 0.00007183 WBTC | 0.00007728 WBTC | 0.0001078 WBTC |
Frequently asked questions
Right now, 1 Liquid Staking Derivatives is worth about CA$0.006354.
Based on the current rate, you could get 157.37 LSD for 1 CAD.
You can use our LSD to CAD calculator at the top of this page to convert any amount of LSD to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 786.87 LSD. Inversely, 5 LSD will cost about CA$0.03177
Liquid Staking Derivatives can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Liquid Staking Derivatives.
There are a number of crypto assets that have the a similar or comparable market cap to Liquid Staking Derivatives, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Liquid Staking Derivatives.
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