As of Feb. 7, 2023, the value locked in 11 Ethereum based liquid staking protocols has risen above $11 billion.
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked out of the 6.87 million ether held by the 11 liquid staking platforms. More than 15% of the liquid staking TVL is being staked with Coinbase’s wrapped ether.
The staked ether is held within various protocols, and the platforms handle the exchange for minting and redemption processes. Out of the 41%, which is valued at more than $11 billion, Lido holds 73% of the total value locked . Lido’s TVL saw a 4.27% increase last month, and its value locked is around $8.18 billion today.Coinbase’s wrapped ether has 1,081,304 ethereum locked into the platform and the TVL has gained 5.74% last month. The Coinbase wrapped ether platform TVL is 15.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2023 Porsche 718 Cayman GT4 RS at Lightning Lap 2023The debate on whether the Cayman GT4 is better than the 911 GT3 will not be decided today.
Read more »
2023 Cadillac CT4-V Blackwing at Lightning Lap 2023After we lost a day lapping the CT4-V Blackwing last year, we invited it back with a new lap-time bogey in front of us.
Read more »
Monday, Feb. 6, 2023: Cramer buys more of this stock after trimming anotherJim Cramer and Jeff Marks share the portfolio moves they are considering as the S&P Oscillator continues to show overbought conditions. Jim says he's leaning more towards selling now after trimming one position to buy more of a recent Charitable Trust addition. Jim says it also may be time to trim another stock or two after watching their recent market action.
Read more »
Tuesday, Feb. 7, 2023: Cramer says buy this stock if you believe in A.I.Jim Cramer and Jeff Marks break down why they see the market in a holding pattern until Federal Reserve Chairman Jerome Powell speaks Tuesday. Jim breaks down a strong earnings report from one holding in the Charitable Trust. He also shares his thoughts on another Club stock kicking off a special event centered around integrating artificial intelligence.
Read more »
Public Storage makes $11 billion bid to buy smaller rival Life StoragePublic Storage has made an $11 billion unsolicited offer for its smaller rival Life Storage Inc., ramping up an effort to buy its smaller rival after an...
Read more »
Public Storage makes $11 billion hostile bid for Life StoragePublic Storage said it made an $11 billion offer to acquire Life Storage, making public the U.S. self-storage property owner's ambitions to buy its rival after an earlier private takeover attempt was rejected
Read more »