What is stBGT (STBGT)?
stBGT is a Berachain LST originally issued by Stride (stride.zone), and later acquired by BakerDAO (bakerdao.io). It has a unique economic design where it can only be earning via LPing the stBGT-BERA pool, or by having an active debt position on BakerDAO. BakerDAO users can access non-liquidateable loans and leverage, and earn passive stBGT rewards whilst having open position in addition to the leverage they can already access with no extra fees.
Where can you buy stBGT?
stBGT (STBGT) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for STBGT sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for STBGT. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.