• bitcoinBitcoin (BTC) $ 96,047.00
  • ethereumEthereum (ETH) $ 3,653.15
  • xrpXRP (XRP) $ 2.71
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 228.30
  • bnbBNB (BNB) $ 653.90
  • dogecoinDogecoin (DOGE) $ 0.422181
  • cardanoCardano (ADA) $ 1.28
  • usd-coinUSDC (USDC) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,649.04
  • avalanche-2Avalanche (AVAX) $ 52.09
  • tronTRON (TRX) $ 0.229367
  • shiba-inuShiba Inu (SHIB) $ 0.000029
  • the-open-networkToncoin (TON) $ 6.70
  • stellarStellar (XLM) $ 0.555824
  • chainlinkChainlink (LINK) $ 24.81
  • wrapped-stethWrapped stETH (WSTETH) $ 4,317.93
  • polkadotPolkadot (DOT) $ 10.01
  • hedera-hashgraphHedera (HBAR) $ 0.350706
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 95,795.00
  • bitcoin-cashBitcoin Cash (BCH) $ 546.28
  • wethWETH (WETH) $ 3,651.34
  • suiSui (SUI) $ 3.41
  • litecoinLitecoin (LTC) $ 132.12
  • nearNEAR Protocol (NEAR) $ 7.36
  • uniswapUniswap (UNI) $ 14.48
  • pepePepe (PEPE) $ 0.000021
  • leo-tokenLEO Token (LEO) $ 8.80
  • aptosAptos (APT) $ 14.00
  • wrapped-eethWrapped eETH (WEETH) $ 3,846.70
  • internet-computerInternet Computer (ICP) $ 14.08
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.706175
  • crypto-com-chainCronos (CRO) $ 0.202216
  • usdsUSDS (USDS) $ 1.00
  • vechainVeChain (VET) $ 0.067174
  • ethereum-classicEthereum Classic (ETC) $ 34.03
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.90
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • algorandAlgorand (ALGO) $ 0.571518
  • render-tokenRender (RENDER) $ 9.11
  • filecoinFilecoin (FIL) $ 7.51
  • bittensorBittensor (TAO) $ 614.68
  • arbitrumArbitrum (ARB) $ 1.06
  • kaspaKaspa (KAS) $ 0.156660
  • cosmosCosmos Hub (ATOM) $ 9.82
  • blockstackStacks (STX) $ 2.44
  • daiDai (DAI) $ 1.00
  • immutable-xImmutable (IMX) $ 2.08
  • aaveAave (AAVE) $ 231.14
  • celestiaCelestia (TIA) $ 7.86
  • fantomFantom (FTM) $ 1.20
  • whitebitWhiteBIT Coin (WBT) $ 23.31
  • okbOKB (OKB) $ 54.75
  • mantra-daoMANTRA (OM) $ 3.54
  • bonkBonk (BONK) $ 0.000043
  • optimismOptimism (OP) $ 2.55
  • moneroMonero (XMR) $ 172.76
  • injective-protocolInjective (INJ) $ 32.45
  • dogwifcoindogwifhat (WIF) $ 3.16
  • mantleMantle (MNT) $ 0.909527
  • hyperliquidHyperliquid (HYPE) $ 9.01
  • theta-tokenTheta Network (THETA) $ 2.94
  • the-graphThe Graph (GRT) $ 0.307493
  • sei-networkSei (SEI) $ 0.660490
  • ethenaEthena (ENA) $ 0.843121
  • worldcoin-wldWorldcoin (WLD) $ 3.38
  • ondo-financeOndo (ONDO) $ 1.63
  • thorchainTHORChain (RUNE) $ 6.72
  • bitget-tokenBitget Token (BGB) $ 1.59
  • kaiaKaia (KAIA) $ 0.378101
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,648.63
  • flokiFLOKI (FLOKI) $ 0.000228
  • galaGALA (GALA) $ 0.049588
  • quant-networkQuant (QNT) $ 137.98
  • flare-networksFlare (FLR) $ 0.037830
  • based-brettBrett (BRETT) $ 0.198872
  • pyth-networkPyth Network (PYTH) $ 0.532905
  • makerMaker (MKR) $ 2,152.94
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998791
  • the-sandboxThe Sandbox (SAND) $ 0.776063
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,080.13
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 95,968.00
  • flowFlow (FLOW) $ 1.17
  • arweaveArweave (AR) $ 27.44
  • jasmycoinJasmyCoin (JASMY) $ 0.036675
  • iotaIOTA (IOTA) $ 0.500782
  • eosEOS (EOS) $ 1.15
  • lido-daoLido DAO (LDO) $ 1.91
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,836.53
  • tezosTezos (XTZ) $ 1.67
  • starknetStarknet (STRK) $ 0.724769
  • jupiter-exchange-solanaJupiter (JUP) $ 1.21
  • matic-networkPolygon (MATIC) $ 0.709067
  • beam-2Beam (BEAM) $ 0.029193
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,750.92
  • heliumHelium (HNT) $ 8.83
  • kucoin-sharesKuCoin (KCS) $ 12.56
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.50
  • axie-infinityAxie Infinity (AXS) $ 9.53
  • bitcoin-svBitcoin SV (BSV) $ 74.63
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 95,752.00
  • gatechain-tokenGate (GT) $ 11.51
  • raydiumRaydium (RAY) $ 4.95
  • coredaoorgCore (CORE) $ 1.54
  • bittorrentBitTorrent (BTT) $ 0.000001
  • neoNEO (NEO) $ 19.66
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,749.10
  • elrond-erd-2MultiversX (EGLD) $ 49.72
  • ethereum-name-serviceEthereum Name Service (ENS) $ 41.35
  • decentralandDecentraland (MANA) $ 0.710088
  • dydx-chaindYdX (DYDX) $ 1.82
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 1.28
  • aioz-networkAIOZ Network (AIOZ) $ 1.11
  • apecoinApeCoin (APE) $ 1.67
  • msolMarinade Staked SOL (MSOL) $ 282.23
  • popcatPopcat (POPCAT) $ 1.22
  • xdce-crowd-saleXDC Network (XDC) $ 0.079111
  • aerodrome-financeAerodrome Finance (AERO) $ 1.65
  • zcashZcash (ZEC) $ 74.57
  • chilizChiliz (CHZ) $ 0.120053
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,650.82
  • tokenize-xchangeTokenize Xchange (TKX) $ 13.78
  • conflux-tokenConflux (CFX) $ 0.236818
  • fasttokenFasttoken (FTN) $ 3.18
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 95,901.00
  • mina-protocolMina Protocol (MINA) $ 0.878505
  • binance-staked-solBinance Staked SOL (BNSOL) $ 232.66
  • akash-networkAkash Network (AKT) $ 4.17
  • ecasheCash (XEC) $ 0.000052
  • pendlePendle (PENDLE) $ 6.13
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,837.76
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,399.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.788019
  • wormholeWormhole (W) $ 0.346530
  • nexoNEXO (NEXO) $ 1.46
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 241.51
  • axelarAxelar (AXL) $ 1.09
  • notcoinNotcoin (NOT) $ 0.009056
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.23
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,779.00
  • havvenSynthetix Network (SNX) $ 2.78
  • mog-coinMog Coin (MOG) $ 0.000002
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.421664
  • ordinalsORDI (ORDI) $ 41.09
  • oasis-networkOasis (ROSE) $ 0.126704
  • zksyncZKsync (ZK) $ 0.227917
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.009394
  • dydxdYdX (ETHDYDX) $ 1.81
  • roninRonin (RON) $ 2.23
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000146
  • blurBlur (BLUR) $ 0.389316
  • nervos-networkNervos Network (CKB) $ 0.017468
  • grassGrass (GRASS) $ 3.24
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,648.85
  • compound-governance-tokenCompound (COMP) $ 86.85
  • neiro-3Neiro (NEIRO) $ 0.001823
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,652.26
  • usddUSDD (USDD) $ 0.998739
  • arkhamArkham (ARKM) $ 2.34
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.721334
  • reserve-rights-tokenReserve Rights (RSR) $ 0.013581
  • gnosisGnosis (GNO) $ 276.40
  • eigenlayerEigenlayer (EIGEN) $ 3.83
  • kavaKava (KAVA) $ 0.650709
  • kusamaKusama (KSM) $ 43.99
  • safeSafe (SAFE) $ 1.34
  • layerzeroLayerZero (ZRO) $ 6.21
  • echelon-primeEchelon Prime (PRIME) $ 13.20
  • 1inch1inch (1INCH) $ 0.508960
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.006679
  • superfarmSuperVerse (SUPER) $ 1.48
  • zilliqaZilliqa (ZIL) $ 0.034527
  • dashDash (DASH) $ 54.99
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,960.49
  • tether-goldTether Gold (XAUT) $ 2,643.69
  • book-of-memeBOOK OF MEME (BOME) $ 0.009405
  • fraxFrax (FRAX) $ 0.995966
  • astarAstar (ASTR) $ 0.086004
  • holotokenHolo (HOT) $ 0.003544
  • bitcoin-goldBitcoin Gold (BTG) $ 35.41
  • super-oethSuper OETH (SUPEROETHB) $ 3,648.67
  • theta-fuelTheta Fuel (TFUEL) $ 0.090169
  • amp-tokenAmp (AMP) $ 0.007570
  • woo-networkWOO (WOO) $ 0.328228
  • enjincoinEnjin Coin (ENJ) $ 0.341204
  • moo-dengMoo Deng (MOODENG) $ 0.611795
  • bazaarsBazaars (BZR) $ 9.86
  • livepeerLivepeer (LPT) $ 16.56
  • creditcoin-2Creditcoin (CTC) $ 1.48
  • stepnGMT (GMT) $ 0.233107
  • snekSnek (SNEK) $ 0.007909
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000028
  • iotexIoTeX (IOTX) $ 0.061084
  • apenftAPENFT (NFT) $ 0.00000058
  • dexeDeXe (DEXE) $ 9.98
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 95,965.00
  • celoCelo (CELO) $ 1.01
  • ether-fiEther.fi (ETHFI) $ 2.65
  • beldexBeldex (BDX) $ 0.079973
  • 0x0x Protocol (ZRX) $ 0.650383

Liquid staking solutions now have more TVL than DEXs: DefiLlama

0 230

Liquid staking solutions now have more TVL than DEXs: DefiLlama

Liquid staking solutions such as Lido and Rocket Pool now have more total value locked (TVL) than decentralized exchanges (DEXs), making them the top category of DeFi protocols, according to data from crypto analytics platform DefiLlama.

For the first time, the Liquid Staking category has surpassed DEXes in total value locked, making it the leading category in DeFi by TVL dominance pic.twitter.com/HQ0Ug8UweR

— DefiLlama.com (@DefiLlama) April 26, 2023

TVL is a metric that measures the dollar value of all cryptocurrencies locked within a protocol’s smart contracts.

Liquid staking protocols have just recently taken the top spot. On April 13, there was only $17.19 billion of crypto locked in liquid staking contracts, compared to $18.89 billion in DEXs, according to archived information. However, DEXs have experienced a $1.66 billion decline to $17.2 billion, while liquid staking solutions have experienced a $280 million increase to $17.47 billion, giving them the top spot.

Related: Podcaster apologizes for spreading Lido rumor

Liquid staking protocols are staking pools that stake crypto on behalf of users. These protocols also issue tokens to users that represent the person’s deposited crypto. Because these tokens can be used in DeFi apps, liquid staking protocols allow users to both simultaneously stake their coins and use them in other applications.

According to DefiLlama’s May 1 data, Lido (stETH) is still the top staking protocol with $11.54 billion of cryptocurrency locked inside its contracts. Coinbase Wrapped Staked Ether (CBETH) is a distant second with $2.19 billion locked, and Rocket Pool (rETH) is third with $1.46 billion. The remaining protocols have less than $1 billion of TVL each but add up to $2.22 billion collectively.

Lido was the first liquid staking protocol, and it launched in 2020. Liquid staking has become more popular as Ethereum moved to proof-of-stake and allowed withdrawals.

Source

Leave A Reply

Your email address will not be published.