Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
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As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the 11 liquid staking platforms. More than 15% of the liquid staking TVL is being staked with Coinbase’s wrapped ether. Lido Leads the Pack With 73% of Total Value Locked in Ethereum Liquid Staking Industry Staking Ethereum has become a highly sought-after trend since its introduction on the network’s
While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms... [[ This is a content summary only. Visit my website for full links, other content, and more!…
While the overall worth locked (TVL) in decentralized finance (defi) hovers simply above the $214 billion mark, a defi protocol known as Lido has been transferring nearer towards taking Curve’s prime... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…