Liquid staking protocols TVL could β€˜flip’ DEXs TVL soon

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more β€Ί Connected to Alpha Welcome! πŸ‘‹ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…

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…