Bookmarking Crypto Insights
Auto Added by WPeMatico
A Lido team member claimed Rocket Pool is not really governed by its DAO, but Rocket Pool community members pushed back, claiming the protocol is becoming more decentralized. Go to Source Powered by WPeMatico
Ethereum was upgraded to allow withdrawals on April 13, but Lido had not previously integrated with the new feature. Go to Source Powered by WPeMatico
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 … Read more
Since 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 … Read more
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. Go to Source Powered by WPeMatico
In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax. … Read more
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just … Read more
The first quarter of 2023 saw Bitcoin outperform traditional assets after a 72% quarterly gain in market capitalization. Go to Source Powered by WPeMatico
Ethereum price found news bullish momentum as traders gear up for next week’s major network upgrade. Go to Source Powered by WPeMatico
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% Higher to Over $50 Billion […] … Read more
