Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks

Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two WeeksIn less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit gains of 34% to 42% in the past 30 […]

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Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% Share

Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% ShareSince April 18, 2023, the total value locked (TVL) in decentralized finance (defi) has been fluctuating just below the $50 billion threshold. As of today, the TVL amounts to $49.31 billion, registering a 1% increase within the last 24 hours. TVL in Defi Shows Signs of Improvement, Yet to Surpass Previous Record of $53 Billion […]

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Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade

Ethereum's Liquid Staking Protocols Attract 400,000 Ether After Shapella UpgradeJust over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has […]

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Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High  

Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High  The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi protocol by TVL size, […]

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