
Get started with Pharos Borrow/Lend on Oku
A guide to using Oku for borrowing and lending on Pharos.
wstETH is rising today, with a current price of $3,057.46. Inversely, this means that $1 buys you 0.0003271 wstETH. On Optimism, wstETH currently has a market cap of $59.17M, with the price having risen 2.00% in the last 24h. The 24h trading volume sits at $945.19K. The circulating supply is 19.34K wstETH.
Swappers can swap wstETH at current market prices on Optimism today. Furthermore, swappers can bridge wstETH to and from Optimism using Oku Bridge.
Use a Web3 wallet like MetaMask, Coinbase Wallet, or WalletConnect to connect to Oku. Make sure you're on the Optimism network and have ETH for gas fees. Oku will read your wallet balance and display eligible tokens such as USDC, USDT, WETH, that you can use to buy wstETH.
Navigate to the swap interface and search for Wrapped liquid staked Ether 2.0 (wstETH) in the token selector. You can swap any supported token for wstETH, or bridge and receive wstETH as your destination address. This option is available on the swap page or the bridge page if you want to bridge wstETH to or from Optimism.
Enter the amount of wstETH you want to receive, review the exchange rate and estimated gas fees, then confirm the transaction in your wallet. Oku's smart routing will find the best price across multiple liquidity pools on Optimism. Once confirmed, you can monitor the transaction status until it settles on-chain.






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A guide to using Oku for borrowing and lending on Pharos.

Welcome to Oku Rewards.

In Part 1 we covered the macro picture - $17 billion in RWAs on Ethereum, $50 billion across chains, and why stablecoins are the foundation of the tokenized economy. Now let's look at what's building on top of that foundation. Because what RWAs are actually trading might surprise you.
Right now 1 Wrapped liquid staked Ether 2.0 (wstETH) is worth about $3,057.46.
Based on the current rate, you could get 0.0003271 wstETH for 1 USD.
Wrapped liquid staked Ether 2.0 (wstETH) price has been increasing. Since yesterday, the exchange rate of Wrapped liquid staked Ether 2.0 (wstETH) has increased. Since last week, the exchange rate of Wrapped liquid staked Ether 2.0 (wstETH) has increased.
You can use our wstETH to USD calculator at the top of this page to convert any amount of wstETH to USD. We've also created a couple of quick reference tables for the most common conversions. For example, $5 is equivalent to 0.001635 wstETH. Inversely, 5 wstETH will cost about $15287.323.
Wrapped liquid staked Ether 2.0 (wstETH) is currently available to buy on Oku's decentralized exchange. Check out our guide to get more detailed instructions on how to buy Wrapped liquid staked Ether 2.0 (wstETH).
To swap wstETH on Optimism, connect your Web3 wallet to Oku and ensure you're on the Optimism network. Select the token you want to swap from and wstETH as the token you want to receive. Enter the amount, review the exchange rate, and confirm the transaction in your wallet. Oku's smart routing will find you the best price across multiple liquidity pools.

23 Trade routers, 20 bridges, 1000s of tokens, 0% fees.
Why swap anywhere else?
