pSTAKE Staked ATOM price, STKATOM chart, and market cap | CoinGecko

STKATOM Price Today

pSTAKE Staked ATOM price today is $9.50 with a 24-hour trading volume of $64,251.92. STKATOM price is down -11.9% in the last 24 hours. It has a circulating supply of 0 STKATOM coins and a total supply of 1 Million. If you are looking to buy or sell pSTAKE Staked ATOM, Sushiswap is currently the most active exchange.

What was the highest price for pSTAKE Staked ATOM?

pSTAKE Staked ATOM hit an all time high of $43.09 on Jan 07, 2022 (4 months).

What was the lowest price for pSTAKE Staked ATOM?

pSTAKE Staked ATOM had an all time low of $8.69 on May 12, 2022 (6 hours).

What was the 24 hour trading volume of pSTAKE Staked ATOM?

The 24 hour trading volume of pSTAKE Staked ATOM is $64,251.92.

Where can pSTAKE Staked ATOM be traded?

You can trade pSTAKE Staked ATOM on Sushiswap.

pSTAKE is a liquid staking solution that unlocks the true potential of staked PoS assets (e.g. ATOM). PoS token holders can deposit their tokens onto the pSTAKE platform to mint 1:1 pegged ERC-20 wrapped unstaked tokens represented as pTOKENs (e.g. pATOM).

pATOM can be converted into 1:1 wrapped ERC-20 staked representatives called stkATOM by staking the underlying deposited PoS tokens. stkATOM can be thought of as yield generating tokens. Since stkATOM represent staked tokens, they accrue staking rewards in the form of pTOKENs (This mirrors the workings of most PoS chains where rewards aren’t automatically compounded, but earned in the form of liquid tokens which can be claimed by a user at any point in time).

pSTAKE allows its users to utilize stkATOM in various DeFi protocols to earn yield on top of their staking rewards.

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