Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
The number of Ethereum under the mobile collateral derivative agreement has decreased by 60,000 in the past two weeks

The number of Ethereum under the mobile collateral derivative agreement has decreased by 60,000 in the past two weeks

Bitget2024/04/29 01:19

In the past two weeks, the Liquid Stake Derivatives (LSD) protocol has reduced by 60,000 ETH, worth more than $198 million, of which Lido withdrew 40,000 ETH. As of April 15th, 2024, there were 13.15 million ETH held by 27 different LSD platforms. This number has now decreased to 13.09 million ETH and is currently valued at $43.01 billion. The LSD protocol Lido remains the largest holder of ETH among all LSDs with a total of 9.35 million ETH accounting for a market share of 71.41%. Two weeks ago, Lido reported holding approximately 9.39 million ETH; this figure has since decreased by about forty thousand units.
Another LSD platform Rocket Pool's holdings slightly increased from1 .13million to1 .14millionETH.As of Sunday,BinancePool also saw a slight increase from896 ,355ETHto896 ,406ETH.

1

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!