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 Monday.
The percentage of $ETH staked increased by 0.27% over the last week to 23.76%
$ETH Staking Validator Queues
- Staking yields have slightly risen again due to higher fees and are now at 3.9%
- There is no validator entry queue anymore
Centralized exchanges and staking pools are still dominating
- Liquid finally saw a strong week again
- Centralized exchanges (CEXs) also saw significant inflows
- Stader Labs stands out with a 45.4% increase
- Looking at the monthly flows, Binance is especially strong
Onto LSDfi
Total LSDfi TVL = 1.18 billion (Increased by 30%!)
- Inflows for Prisma after their debt cap raise and token launch were super impressive
- Prisma now has over 30% market share, just after launch
- LST distribution has improved slightly, with $stETH+wstETH now accounting for 72.8% (down from over 85%)
News and updates of the week
- Prisma Finance
- Launched their token $PRISMA
- Raised the debt caps
- Reached huge mile stones with over 300 million TVL within 24 hours after the $PRISMA launch
- Lido Finance
- Simple DVT proposal passed
- EigenLayer
- Votes for the new LST integration will close in 2 days
- @ZeroLiquid_xyz X @swellnetworkio
- Prisma Finance 2
- Announced airdrop details
- Got listed on a CEX (HTX Global)
- Proposed to increase the interest rate from 1% to 2%
- Seneca
- The fair launch started, and the soft cap was reached quite quickly
- The overflow method has close to 5X oversubscription already
- The raise will run until November 8th, with the TGE following
- @SenecaUSD X @GammaStrategies
LSD-Threads/Articles over the last week
- Lido simple DVT explainer
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