{"id":75304,"date":"2023-10-18T04:55:48","date_gmt":"2023-10-18T04:55:48","guid":{"rendered":"http:\/\/kryptodata.se\/coingecko-reports-that-the-ethereum-lsdfi-sector-has-experienced-a-remarkable-60-fold-growth-since-january-during-the-post-shapella-surge\/"},"modified":"2023-10-18T04:55:48","modified_gmt":"2023-10-18T04:55:48","slug":"coingecko-reports-that-the-ethereum-lsdfi-sector-has-experienced-a-remarkable-60-fold-growth-since-january-during-the-post-shapella-surge","status":"publish","type":"post","link":"http:\/\/kryptodata.se\/coingecko-reports-that-the-ethereum-lsdfi-sector-has-experienced-a-remarkable-60-fold-growth-since-january-during-the-post-shapella-surge\/","title":{"rendered":"CoinGecko reports that the Ethereum LSDFi sector has experienced a remarkable 60-fold growth since January during the post-Shapella surge."},"content":{"rendered":"
– The LSDFi sector’s total value locked has grown by 5,870% since January as ETH holders opt to stake rather than liquidate.<\/p>\n
– LSD protocols accounted for 43.7% of the total 26.4 million ETH staked by August 2023, with Lido being the largest player in the market.<\/p>\n
– ETH holders prefer to re-stake for better yield opportunities rather than liquidate their assets after withdrawing.<\/p>\n
– The LSDFi sector has seen significant growth, with the total value locked across the top 10 protocols (excluding Lido) surging to over $900 million this year.<\/p>\n
– TVL in LSDFi protocols has grown by 5,870% since January 2023, while the total decentralized finance TVL has contracted by around 8%.<\/p>\n
– The average yield for LSD protocols since January 2022 has been 4.4%, but it is expected to decline as more ETH is staked.<\/p>\n
– Diva, an LSDFi platform, has gained attention for its “vampire attack” on Lido, attracting users and liquidity with higher incentives.<\/p>\n
– Diva’s TVL has surged 650% since the beginning of October, reaching 15,386 stETH valued at around $24 million.<\/p>\n
– This growth in the LSDFi sector highlights the increasing popularity of staking and the desire for better yield opportunities among ETH holders.<\/p>\n","protected":false},"excerpt":{"rendered":"
<\/p>\n
The LSDFi sector\u2019s total value locked has grown 5,870% since January as ETH holders seek better yields. <\/p>\n","protected":false},"author":1,"featured_media":75305,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_oct_exclude_from_cache":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[17],"tags":[46,74],"class_list":["post-75304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-ethereum","tag-yield"],"yoast_head":"\n