Wrapped Binance Beacon ETH
wBETH is a reward-bearing ETH liquid staking token offered by Binance. Each wBETH represents 1 BETH (1:1 to staked ETH) plus all of its accrued ETH2.0 staking rewards starting from when wBETH's conversion rate was initialized at 1:1 on Apr 27th 2023 00:00 (UTC+0).