Lido Finance: Decline in TVL, re-emergence of bears, and everything in between

Due to the fall in prices of some native coins, Lido’s TVL declined in the last week. The buying pressure for LDO has declined significantly, and a price drawback might be on the horizon. Lido Finance [LDO], a prominent liquid staking protocol, experienced a drop in its Total Value Locked (TVL) in the past week … Read more

Attention LDO holders! Now might be the time to rethink your trading strategy

LDO’s price rallied by over 75% in the last week As investors seek out profit, the bears might be getting ready for a re-entry. Lido Finance’s governance token LDO, saw a significant increase in price of 78% in the past week. This made LDO one of the top-performing cryptocurrency assets in terms of gains over … Read more

Liquid staking tokens surge 40% in seven days, Lido rises highest

Liquid staking derivatives tokens have increased by an average of over 40% in the last seven days, with Lido (LDO) rising the highest by over 64%, according to CryptoSlate’s data. Liquid staking platforms have enjoyed renewed interest following recent revelations that staked Ethereum could be unlocked as early as March when the network undergoes the … Read more

Assessing MakerDAO’s [MKR] health following its displacement by Lido

MakerDAO had a system surplus at press time, indicating that the total debt owed was not more than the value of the collateral in the system Its displacement by Lido might be temporary due to its slipping grip on the ETH staking market Leading decentralized finance protocol (DeFi) MakerDao [MKR] provided users with an overview … Read more

All about Lido Finance, what the Shanghai upgrade can do, and the threat it faces

Lido’s share of the ETH staking market now sits at 29% The APR offered witnessed a decline as well. Lido Finance [Lido] commenced the 2023 trading year with a slight decline in its market share in the ETH staking ecosystem. The leading liquid Ethereum [ETH] staking platform’s performance was highlighted by Dune Analytics.  Read Lido Finance’s … Read more

Massive staked Ethereum withdrawals by whales allow arbitrageurs to profit

Lido (LDO) staked Ethereum (stETH) traded at a discount to Ethereum (ETH) on Curve after a whale removed 84,131 ETH ($101 million) from the protocol, allowing arbitrageurs to profit from the situation. Peckshield also reported that a whale withdrew 42,400 stETH from Aave. #PeckShieldAlert A Whale has withdrawn ~42.4k $stETH (~$50M) from Aave Protocol V2 … Read more

How did Lido Finance [LDO] do, before and after Ethereum’s Merge

Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance.  Interestingly, data from Dune Analytics revealed that at press time, with 4,170,811 ETH staked with the liquid staking platform, it still holds over 30% of … Read more

ETH 2.0: All the latest development investors could capitalize on

With eight days till the end of August, the start of the next month comes with increased anticipation for the most significant event within the blockchain ecosystem in the last year –  the Ethereum Merge or, as many put it, “Ethereum 2.0.”  With 15 September confirmed as the date for the eventual transition of the … Read more

What these divergences mean for LDO’s waning buyers’ interest

With the Ethereum Merge just a few weeks away, happenings around the number one protocol facilitating the staking of ETH – Lido Finance – have become more interesting. Data from Santiment revealed that over the last few months, Lido’s native token, LDO, exhibited divergences in some of its on-chain metrics. In fact, according to Santiment, … Read more

Lido and Idle DAO launch new risk-adjusted ETH 2.0 staking products

Lido, a multichain liquid staking solution, and Idle DAO, a decentralized organization building financial products for Web3, have partnered to launch a novel DeFi primitive. The newly launched stETH Perpetual Yield Tranches (PYTs) were designed to target the more risk-averse segment of the DeFi market, offering an APR ranging from 1.8% to 8%. Idle DAO … Read more