Ethereum Liquid Staking Update by Kopremesis
Welcome to the Ethereum Liquid Staking Update by Kopremesis! This is an aggregation of updates, stats, and news on all things Ethereum Liquid Staking. Data and news are gathered throughout the week and posted every Sunday.
The Percentage of $ETH staked went up 0.3% this week to 20.28%
$ETH Staking Validator Queues
- The validator entry queue is now 37.5 days long and got 5 days shorter this week
- At this pace, we will have no entry queue in around 2 months
- No exit queue
Rocket Pool is back to old strength.
Centralized entities show good performance.
Lido is still getting most of the new liquid staked $ETH.
- Market share is now 32% and is still growing
Swell Network +9% this week..
- but this worries me and is not a good look for the Swell team.
Onto to #LSDfi
TVL is up 60 mm (7,8%) to 765 mm
crvUSD grew 17%
- While unshETH TVL is down this week.
LSD backed stablecoins continue to dominate the #LSDfi sector
- Lets see what new launches in this sector bring to the table: @SenecaUSD, @PrismaFi, @lucid_fi
$stETH + $wstETH grew their share in #LSDfi usage 2.7% to 87.7%
- Seems like the preferred choice for users. Keep an eye on this metric.
News and updates of the week
- Eigen Layer opened deposits and got filled in light speed!
- Meta Pool $ETH liquid staking tomorrow (July 17)
- What is Project Sentience?
- Meta Pool Partnership with unshETH?!
- Flashstake $FLASH Single-sided staking
- Nexus Mutual proposal to stake 14,400 $ETH with Rocket Pool.
LSD-Threads of the week
- Thread on Eigen Layer and restaking.
- #LSDfi stablecoins
- Good read on how to value assets.
- Parallax Finance IDO announced - to take place on SpartaDEX Launchpad.
- unshETH’s $USH emissions have been cut.
- Update on Lybra Finance V2
- Ion Protocol raised $2M in their pre-seed round.
- You guys think 37% APR will lead to the juicy $SWELL airdrop you all are waiting for? I think it is only worth it if you have size..
- Good read on frxETH v2
- Good read on liquid staking in general.
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