.LidoFinance attracted over 10,000 new ether (ETH) stakers to the protocol in July. By
Lido – one of the most popular liquid-staking platforms – saw 10,000 unique ether depositors opt into the protocol, contributing toward total value locked crossing a landmark $15 billion worth of tokens in July, a level not seen since May 2022.by Lido, the number of unique ether depositors surpassed 166,000, representing a 6.66% increase this past month. Lido’s TVL passed $15 billion on July 14, though due to the recent decline in the price of ether it stands at $14.81 billion at press time.
DeFi traders typically keep their attention on liquidity, because it measures how easily crypto investors can access stETH. The drop in liquidity in DeFi pools was “ largely because of the uncertainty surrounding Curve exploit/situation with many LPs [liquidity providers] withdrawing until there’s more clarity,” said Kasper Rasmussen, Lido marketing lead, to CoinDesk in a Telegram message.
Curve Finance, a decentralized stablecoin exchange, lost more than $73 million in a recent hack, causing spillover effects to other entities in the crypto ecosystem, including Lido. Curve has since recouped aboutDespite the decrease in stETH in DeFi liquidity pools, the demand for stETH remains strong for lending protocols and.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Lido reports increased TVL and 'remarkable' protocol adoption in JulyLido claims to have experienced 'remarkable adoption of the protocol' with more than 10,000 new stakers using it in July.
Baca lebih lajut »
Lido DAO (LDO) Unveils Growth Metrics Post-Shapella Upgrade: DetailsLido DAO revealed growth in new stakers and TVL in its latest report for July
Baca lebih lajut »
Animal Care Centers of NYC gets $10K grant to help get cats out of crowded shelterThe 'Clear the Shelters' program allows those interested to adopt a dog, cat, or kitten for $0. Puppy fees will be reduced to just $50.
Baca lebih lajut »
US: Volvo Plug-In Car Sales More Than Tripled In July 2023In July, Volvo sold in the US 3,132 rechargeable cars (up 226% year-over-year), which represented 29% of the brand's total volume.
Baca lebih lajut »
UK: Plug-In Car Sales Almost Doubled In July 2023In July, 34,712 new plug-in cars were registered in the UK (85% more than a year ago), which was 24 percent of the total number.
Baca lebih lajut »