Yield farming app accumulates $12M TVL 2 weeks after launch

The Origin Ether app deposits Ether into Curve, Convex, stETH, rETH, and sfrxETH.

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BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy

Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore, in recent years, derivative tokens of bitcoin and ether have garnered significant popularity. [...]

The post BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy appeared first on Crypto Breaking News.

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Lido leads as Ethereum locked as liquid staking derivatives hits 10 million

The total number of Ethereum locked on liquid staking derivatives (LSD) protocols reached 10 million on June 29, according to data from DeFillama. Liquid staking protocols allow users to earn staking rewards while providing liquidity for other crypto-based activities, such as Lido (LDO) and Rocket Pool (RPL). Lido dominates LSDs DeFillama data tracks 22 liquid staking […]

The post Lido leads as Ethereum locked as liquid staking derivatives hits 10 million appeared first on CryptoSlate.

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Bitget Adds Collateral Liquid Staking Derivatives for Traders

Bitget introduces Liquid Staking Derivatives (LSDs) as margin option, pioneering a unique way to trade and stake assets.

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Lido (LDO) Up Over 100% in 2023: Are Liquid Staking Derivatives (LSDs) the Next Big Thing?

LSD protocols seem poised for even more popularity as the Shanghai upgrade nears.

Continue reading Lido (LDO) Up Over 100% in 2023: Are Liquid Staking Derivatives (LSDs) the Next Big Thing? at DailyCoin.

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ETH Validators Hit All-Time High as Juicy APR Attracts New Stakers

Over 49,000 new validators are waiting to enter the active validator set on Ethereum.

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

In 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

The post Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks appeared first on BTC Ethereum Crypto Currency Blog.

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Top LSDFi Projects To Watch Out For in 2024

A really interesting part of DeFi is Liquid Staking Derivatives (LSDfi). Let's take a look at the top LSDfi projects in the 2024 article

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Ethereum Breaks $1,900 Ahead of Shapella Upgrade, LSD Tokens Boom

ETH is trading at the levels not seen since August 2022.

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Lido, Rocket Pool team members argue over decentralization

A team member for Lido has accused competitor Rocket Pool of being too centralized in a July 4 social media post. Both Lido and Rocket Pool are liquid staking protocols that allow users to delegate their cryptocurrency to validators and receive derivative tokens in exchange. According to the post from Lido’s community staking lead Dmitry [...]

The post Lido, Rocket Pool team members argue over decentralization appeared first on Crypto Breaking News.

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How liquid staking can potentially harm the Ethereum ecosystem: HashKey report

HashKey Capital highlighted risks such as reduced competition, increased risk of censorship, decreased security and collusion by big players.

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New Cosmos chain will use liquid staking tokens from other networks for security

Staked ETH, BNB, ATOM, SOL and MATIC will be usable on Tenet as “restakes” to gain further rewards.

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Liquid staking solutions now have more TVL than DEXs: DefiLlama

From April 13 to May 1, TVL on decentralized exchanges declined by $1.66 billion while it increased on liquid staking protocols by $280 million.

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