wstETH Vaults on Symbiotic: The Leading Collateral Choice
wstETH is the most used token across Symbiotic vaults, representing 64.27% of the total assets restaked within the infrastructure. This dominance is largely due to Lido’s position as the leading liquid staking platform, which has made stETH and wstETH the most recognized and widely adopted Liquid Staking Tokens (LSTs). Their strong market presence and deep liquidity make them the preferred collateral choice for restaking.
Beyond wstETH, Symbiotic also supports a diverse range of collateral options, including mETH, wBTC, LBTC, and sUSDe. These assets contribute to the flexibility of the ecosystem, allowing for varied restaking strategies. The full breakdown of asset distribution across Symbiotic can be seen in the chart below.
Collateral MarketShare for LRTs on Symbiotic (Source)
LRTs Backed by wstETH Collateral
As the most dominant collateral token, wstETH has naturally led to the creation of the largest and most widely used LRTs within the Symbiotic ecosystem. Given its deep liquidity and broad adoption, the LRTs derived from wstETH account for the highest Total Value Locked (TVL), making them the primary instruments for liquid restaking strategies.
The leading LRTs backed by wstETH include:
Restaking Explorer by InceptionLRT (Source)
A key factor in understanding the relevance of these LRTs, and one that users should consider when choosing a vault to deposit their assets, is the number of associated incentives. Incentive programs can significantly enhance returns and provide added benefits to depositors. In this field, inwstETHs clearly stands out, offering six distinct incentive programs which not only include our own Totems, but also Symbiotic Points, Mellow Points, Merits from blockscout, Mind Network Points and Turtle Points.
Leading Curators Supporting wstETH Vaults
Among the curators backing wstETH vaults, MEV Capital and EtherFi stand out as the largest contributors to wstETH restaking. Their expertise and significant stake in Symbiotic highlight their key role as curators - Find more about Curators, on our previous Blog!
-> Symbiotic Architectural Difference: Curated Vaults
MEV Capital manages both inwstETHs and amphrETH vaults, which combined gather more than $180 million in TVL.
inwstETHs: The First Multi-Curated wstETH Vault
The inwstETHs vault is the only multi-curated wstETH vault within Symbiotic. Unlike other vaults managed by a single curator, inwstETHs dynamically distributes staked ETH across multiple curators, optimizing delegation strategies and enhancing security.
By leveraging multiple curators, inwstETHs offers a diversified and risk-adjusted approach, making it the best solution for users looking to restake their wstETH efficiently.
Start Restaking with InceptionLRT!
Ready to put your wstETH to work? Deposit into the inwstETHs Vault today and maximize your staking rewards with the first multi-curated vault on Symbiotic and all the points program together.
