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 0.36% this week to 20.64%
$ETH Staking Validator Queues
- The validator entry queue is now 36.5 days long and got 25 hours shorter this week
- Decimation of the entry queue slowed down quite a bit
- No exit queue since a long time
Lido Finance lost 0.3% market share this week after hitting 32% last week
- Swell Network growth has slowed down significant this week
- Coinbase lost 0.2% market share
Staking pools were the big winners this week
- Figment had even more $ETH staked than Lido
- They are also really strong on the month!
- Pendle, unshETH, and crvUSD are also down significantly
- Mav Protocol is up over 20%
- Gravita Protocol up >12%
- Ethena Labs raised $6.5M in their seed round! More info on Ethena.
- Meta Pool’s $mpETH went live.
- Flashstake’s $FLASH 2.0 details:
- Lucid Finance shut their project down after @crypto_linn called them out publicly.
- Lybra Finance update on V2:
- Parallax Finance integrates Chainlink.
- Good read on Ethena Labs. One to keep an eye on!
- Great thread on Eigen Layer!
- Thread on LSD and #LSDfi
Onto LSDfi
TVL is down $8 mm from last week to $756.9 mm
OETH is down over 30% on the week
LSD backed stablecoins still hold the majority of the market share
News and updates of the week
LSD Threads of the Week
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