Auto Added by WPeMatico

290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch

According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing…

Continue Reading290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch

Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days

While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences…

Continue ReadingLiquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days

Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape

Over the past 18 days, 27 distinct liquid staking derivatives (LSD) protocols have experienced withdrawals amounting to approximately 50,000 ether, valued at $146.72 million. The most significant reductions occurred in…

Continue ReadingLiquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape

Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions

In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH…

Continue ReadingLiquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions

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…

Continue Reading27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks

Liquid Staking Derivatives Lose Ground With Over 380,000 ETH Withdrawn in April

Following a significant downturn in March, liquid staking derivatives (LSD) protocols experienced another withdrawal of 380,000 ether, valued at roughly $1.17 billion, from leading LSD platforms since April 1, 2024.…

Continue ReadingLiquid Staking Derivatives Lose Ground With Over 380,000 ETH Withdrawn in April

Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout

The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma…

Continue ReadingPrisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout

Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token

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.…

Continue ReadingBadgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token