Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Total TVL of Liquidity Staking Protocol accounts reaches $26.8 billion

Total TVL of Liquidity Staking Protocol accounts reaches $26.8 billion

Cointime2023/11/30 17:21
By: Cointime

According to a report by RedStone Oracles, the total TVL of liquidity collateral agreement accounts has reached 26.8 billion US dollars. Liquidity collateral agreements issue tradable digital assets in the form of LiquidS tokens (LST), providing users with a convenient way to participate in cryptocurrency collateral without the complexity of running validator nodes and managing hardware. The report states that LSTfi is a subset of decentralized finance (DeFi) that uses liquidity collateral tokens such as stETH, rETH, WBETH, or cbETH to achieve innovative yield strategies and maximize returns.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14

Trending news

More
1
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading
2
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading

Crypto prices

More
Bitcoin
Bitcoin
BTC
$114,941.53
-0.90%
Ethereum
Ethereum
ETH
$4,526.55
-2.87%
XRP
XRP
XRP
$2.97
-3.57%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$914.57
-2.60%
Solana
Solana
SOL
$233.4
-5.39%
USDC
USDC
USDC
$0.9998
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2617
-9.96%
TRON
TRON
TRX
$0.3466
-0.89%
Cardano
Cardano
ADA
$0.8605
-5.75%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter