Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77 billion of that sum. Staking Captures 27% of Ethereum Supply; […]27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks
Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77 billion of that sum. Staking Captures 27% of Ethereum Supply; […]
A bug in the smart contract of Lido’s discontinued Solana staking service is reportedly preventing users from withdrawing digital assets valued at more than $24 million. Lido attributes this issue to “a problem with the maintainer bot and the recent update of rent-exempt terms for Solana staking accounts.” Discontinued Solana Staking Service A suspected bug […]
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao, a decentralized autonomous organization (DAO) committed to integrating bitcoin (BTC) into defi, has announced the launch […]
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at least 50%, fueled by the substantial rise in […]
The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $26.85 billion in the last two months. LSD Market Flourishes: Ethereum Holdings Cross $54 Billion Milestone In […]
Five days ago, the total value locked (TVL) in decentralized finance (defi) protocols exceeded the $80 billion mark, and since that point, it has expanded by an additional $11.66 billion. As it hovers above the $91 billion threshold, the TVL is approaching the $100 billion milestone, a figure not observed since before the collapse of […]
