Lido has deployed stETH and wstETH on Unichain, an Ethereum Layer 2 blockchain designed to enhance cross-chain liquidity.
Author: Sahil Thakur
Written On: Tue, 04 Mar 2025 04:47:46 GMT
Lido has deployed stETH and wstETH on Unichain, an Ethereum Layer 2 blockchain designed to enhance cross-chain liquidity. Built by Uniswap Labs, Unichain leverages Optimism’s OP Stack to improve transaction speed and reduce costs while maintaining Ethereum’s security.
This expansion introduces liquid staking derivatives (LSDs) to Unichain’s growing DeFi ecosystem, which already supports over 80 protocols. Users can now bridge stETH and wstETH between Ethereum and Unichain using Superbridge, a dedicated cross-chain transfer interface.
For stETH and wstETH holders, Unichain offers a faster and cheaper environment for DeFi activities while benefiting from Ethereum’s security. The integration also strengthens Lido’s multichain presence, increasing accessibility to liquid staking rewards.
For the broader DeFi ecosystem, this move highlights Unichain’s ambitions as a high-performance liquidity hub, especially with its planned 1-second block times and future 250ms sub-blocks via Rollup Boost.
Bridging from Ethereum to Unichain takes minutes, while withdrawals back to Ethereum require a 7-day challenge period—a standard OP Stack security measure. Users can also unwrap wstETH into stETH or vice versa using Lido’s wrap widget on Unichain.
Lido’s expansion signals growing DeFi adoption on Layer 2 networks, reinforcing Unichain’s role in cross-chain liquidity innovation.
The retail community has been fairly silent on the announcement but that majorly comes from Lido’s nature and community. Many media houses were active in covering the news fairly soon though.
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