Liquid Staking Absorbs 400,000 ETH, Approaching the 14M Mark

According to the latest figures, in the last 38 days, starting on August 10, 2024, the total value locked in decentralized finance protocols (defi) has decreased by $5.07 billion. Despite this drop, ethereum continues to pour into liquid staking derivatives (LSD) platforms, with 29 distinct LSDs pulling in nearly $1 billion worth of ether during (…)