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ETH Liquid Staking Protocol Lido Finance Deposits Surpass 6M Ether After Shanghai Upgrade

Altszn.com by Altszn.com
May 4, 2023
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ETH Liquid Staking Protocol Lido Finance Deposits Surpass 6M Ether After Shanghai Upgrade
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Lido has not yet activated withdrawals, pending the release of its version (v)2 protocol upgrade expected later in May. Given the nature of liquid staking, users who want to withdraw from the platform can just sell their stETH derivative token on exchanges. As the token’s price tracks closely to ETH’s, Lido likely isn’t facing significant withdrawal pressure, Kunal Goel, an analyst at crypto research firm Messari, wrote in a report Wednesday.



Read More: www.coindesk.com

Tags: DepositsETHEtherEthereumfinanceLidoliquidProtocolShanghaiStakingSurpassUpgrade
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    • bitcoinBitcoin (BTC) $ 103,951.00
    • ethereumEthereum (ETH) $ 2,496.60
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.39
    • bnbBNB (BNB) $ 655.71
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    • usd-coinUSDC (USDC) $ 0.999997
    • dogecoinDogecoin (DOGE) $ 0.238675
    • cardanoCardano (ADA) $ 0.813857
    • tronTRON (TRX) $ 0.263522
    • staked-etherLido Staked Ether (STETH) $ 2,495.74
    • suiSui (SUI) $ 4.16
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,949.00
    • chainlinkChainlink (LINK) $ 17.03
    • avalanche-2Avalanche (AVAX) $ 25.11
    • wrapped-stethWrapped stETH (WSTETH) $ 2,996.81
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    • shiba-inuShiba Inu (SHIB) $ 0.000016
    • stellarStellar (XLM) $ 0.309285
    • hedera-hashgraphHedera (HBAR) $ 0.209098
    • the-open-networkToncoin (TON) $ 3.44
    • hyperliquidHyperliquid (HYPE) $ 24.67
    • bitcoin-cashBitcoin Cash (BCH) $ 408.08
    • usdsUSDS (USDS) $ 0.999991
    • polkadotPolkadot (DOT) $ 5.17
    • leo-tokenLEO Token (LEO) $ 8.34
    • litecoinLitecoin (LTC) $ 100.91
    • wethWETH (WETH) $ 2,496.29
    • moneroMonero (XMR) $ 336.39
    • pepePepe (PEPE) $ 0.000014
    • wrapped-eethWrapped eETH (WEETH) $ 2,662.00
    • bitget-tokenBitget Token (BGB) $ 4.83
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998033
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,865.00
    • ethena-usdeEthena USDe (USDE) $ 0.999931
    • whitebitWhiteBIT Coin (WBT) $ 30.10
    • uniswapUniswap (UNI) $ 7.00
    • bittensorBittensor (TAO) $ 467.59
    • nearNEAR Protocol (NEAR) $ 3.17
    • aptosAptos (APT) $ 5.97
    • daiDai (DAI) $ 0.999966
    • ondo-financeOndo (ONDO) $ 1.06
    • aaveAave (AAVE) $ 220.62
    • okbOKB (OKB) $ 54.89
    • kaspaKaspa (KAS) $ 0.125923
    • internet-computerInternet Computer (ICP) $ 5.79
    • ethereum-classicEthereum Classic (ETC) $ 20.05
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • susdssUSDS (SUSDS) $ 1.05
    • crypto-com-chainCronos (CRO) $ 0.099135
    • bitcoinBitcoin (BTC) $ 103,951.00
    • ethereumEthereum (ETH) $ 2,496.60
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.39
    • bnbBNB (BNB) $ 655.71
    • solanaSolana (SOL) $ 174.62
    • usd-coinUSDC (USDC) $ 0.999997
    • dogecoinDogecoin (DOGE) $ 0.238675
    • cardanoCardano (ADA) $ 0.813857
    • tronTRON (TRX) $ 0.263522
    • staked-etherLido Staked Ether (STETH) $ 2,495.74
    • suiSui (SUI) $ 4.16
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,949.00
    • chainlinkChainlink (LINK) $ 17.03
    • avalanche-2Avalanche (AVAX) $ 25.11
    • wrapped-stethWrapped stETH (WSTETH) $ 2,996.81
    • pi-networkPi Network (PI) $ 1.36
    • shiba-inuShiba Inu (SHIB) $ 0.000016
    • stellarStellar (XLM) $ 0.309285
    • hedera-hashgraphHedera (HBAR) $ 0.209098
    • the-open-networkToncoin (TON) $ 3.44
    • hyperliquidHyperliquid (HYPE) $ 24.67
    • bitcoin-cashBitcoin Cash (BCH) $ 408.08
    • usdsUSDS (USDS) $ 0.999991
    • polkadotPolkadot (DOT) $ 5.17
    • leo-tokenLEO Token (LEO) $ 8.34
    • litecoinLitecoin (LTC) $ 100.91
    • wethWETH (WETH) $ 2,496.29
    • moneroMonero (XMR) $ 336.39
    • pepePepe (PEPE) $ 0.000014
    • wrapped-eethWrapped eETH (WEETH) $ 2,662.00
    • bitget-tokenBitget Token (BGB) $ 4.83
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998033
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,865.00
    • ethena-usdeEthena USDe (USDE) $ 0.999931
    • whitebitWhiteBIT Coin (WBT) $ 30.10
    • uniswapUniswap (UNI) $ 7.00
    • bittensorBittensor (TAO) $ 467.59
    • nearNEAR Protocol (NEAR) $ 3.17
    • aptosAptos (APT) $ 5.97
    • daiDai (DAI) $ 0.999966
    • ondo-financeOndo (ONDO) $ 1.06
    • aaveAave (AAVE) $ 220.62
    • okbOKB (OKB) $ 54.89
    • kaspaKaspa (KAS) $ 0.125923
    • internet-computerInternet Computer (ICP) $ 5.79
    • ethereum-classicEthereum Classic (ETC) $ 20.05
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • susdssUSDS (SUSDS) $ 1.05
    • crypto-com-chainCronos (CRO) $ 0.099135