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Liquid staking tokens rally by 15% as Ethereum Shapella upgrade draws near
Ad Liquid staking is the best-performing crypto sector in the last 24 hours after rallying by more than 15%, according to CryptoSlate data. According to the data, all seven projects in the space soared by more than 5%, with two of them β Lido (LDO) and Frax Share (FXS) β among the top five gainers for…
Liquid staking TVL now second-largest among DeFi protocols
Ad The total value of assets locked (TVL) in liquid staking derivatives (LSD) protocols rose to $14.09 billion β making it the second-largest DeFi category, according to Defillama data. The DeFi category usurped lending protocols with a TVL of $13.68 billion and sat behind only decentralized exchanges (DEX) whose TVL is at $19.33 billion, according…