$103,689.00
-0.55%$2,430.91
-3.01%$2.14
-1.27%$644.43
0.38%$141.10
-2.85%$0.999806
-0.00%$0.274016
0.05%$0.163822
-3.37%$2,429.50
-3.08%$0.582275
-2.82%$103,658.00
-0.50%$34.63
-3.95%$2,931.24
-3.07%$480.32
-2.83%$2.76
-2.22%$12.67
-2.68%$8.88
-1.03%$0.244506
-2.06%$17.59
-2.18%$2.97
0.51%$0.99976
-0.01%$49.05
-0.52%$0.00001138
-1.14%$2,430.69
-3.06%$2,601.50
-3.17%$83.25
-1.96%$0.999963
0.04%$0.145664
-0.71%$310.93
1.52%$1.00
0.03%$3.45
-2.92%$4.29
0.82%$103,746.00
-0.61%$7.14
-5.43%$0.0000099
-3.71%$0.541412
1.24%$251.22
-0.57%$1.18
-0.01%$52.25
-0.88%$344.05
-0.96%$1.00
0.00%$4.33
-0.86%$0.088833
-2.23%$4.98
-0.92%$2.10
-3.87%$1.056
0.02%$170.78
-2.81%$16.26
-2.36%$0.744602
-2.49%$27.79
-5.33%$0.999961
-0.02%$0.62816
-0.30%$16.59
7.48%$4.45
0.69%$9.32
0.29%$0.069318
-0.45%$0.02109669
-2.04%$3.97
-1.72%$103,735.00
-0.16%$0.661306
-2.05%$0.184454
-1.21%$0.271777
-3.32%$0.077571
-2.02%$3.09
-2.73%$2.27
-2.97%$0.998994
0.24%$4.30
-1.35%$2,430.24
-2.98%$0.896677
-3.25%$0.168796
0.09%$0.99973
-0.01%$0.292052
-1.98%$98.35
0.75%$1.001
0.09%$10.99
-0.47%$149.26
-3.00%$1.21
-0.59%$0.0174124
-1.68%$0.197938
12.64%$0.205446
6.26%$2,768.22
-3.05%$0.384894
-3.94%$2,545.22
-3.08%$11.14
-1.38%$1.60
-1.77%$0.00001371
-2.60%$1.12
-14.68%$1.57
-6.30%$0.999806
-0.02%$0.999829
0.02%$0.950422
-5.94%$0.05854
1.58%$0.552666
-1.14%$0.619395
0.73%$0.999445
-0.03%$2,604.05
-2.76%$2,549.20
-3.06%$0.281729
-11.91%$103,394.00
-0.69%$3,387.96
-0.21%$644.10
0.30%$103,534.00
-1.36%$3,373.58
-0.21%$2,558.85
-3.16%$0.01260167
-15.36%$0.081381
-1.69%$103,715.00
-1.14%$0.506799
-0.06%$1.11
-0.01%$0.572964
-1.48%$0.77568
-1.04%$2.62
-6.75%$0.392061
-2.62%$2.13
-6.44%$157.59
-2.84%$111.51
0.03%$2.20
0.01%$0.00007229
-1.60%$0.83405
-5.11%$183.61
-2.82%$2,626.37
-3.01%$0.74775
-2.77%$0.998214
-0.11%$0.666633
-1.32%$40.38
-2.59%$1.092
0.03%$19.07
-3.01%$0.01393951
-1.51%$31.17
-1.90%$0.161111
-1.35%$0.250286
-1.08%$3.75
-2.18%$0.997845
0.03%$0.01218553
-2.35%$0.0000006
-0.20%$103,263.00
-0.61%$0.00912941
-1.97%$0.421552
-3.00%$0.999789
-0.02%$0.209829
1.41%$2.05
-6.85%$0.543763
-0.30%$0.519435
-1.93%$103,499.00
-0.43%$0.093917
-3.37%$0.337517
-1.08%$2,429.08
-3.11%$2,430.83
-3.01%$2,556.14
-3.77%$34.59
-4.38%$2,599.80
-3.17%$103,613.00
-0.59%$2,430.57
-3.06%$0.620061
-1.51%$0.459211
-2.88%$0.998047
-0.05%$0.250519
-1.23%$1.36
-3.00%$8.09
-5.48%$0.01339357
-1.94%$2.47
3.67%$49.62
-3.54%$0.409587
0.69%$0.061427
0.94%$0.999709
0.00%$0.999895
0.01%$0.163256
-3.67%$1.00
0.02%$0.00000041
-0.03%$1.091
0.01%$1.003
0.35%$34.57
-4.42%$36.61
-2.04%$0.04037848
-4.88%$0.392172
-0.69%$1.001
-0.25%$0.489868
-3.59%$5.47
-1.28%$13.46
-1.17%$2,431.05
-3.14%$0.00001899
-0.65%$2,582.38
-3.00%$1.21
-7.60%$0.00402483
-0.18%$0.109963
-0.90%$0.310733
-2.08%$0.506981
-0.09%$0.372144
0.24%$0.00631693
-1.04%$0.071465
-0.96%$0.963324
-3.10%$1.26
-7.89%$2.22
-0.64%$1.15
-3.06%$0.00399612
-0.76%$1.40
-0.15%$5.17
-2.38%$2,679.51
-3.03%$0.03474293
-0.30%$0.161189
0.71%$0.01738669
-0.45%$0.03380125
1.57%$0.128306
0.02%$0.03339296
4.78%$0.130982
-0.14%$103,743.00
-0.42%$0.00322981
-2.59%$2,656.46
-3.13%$104,128.00
0.12%$0.00000082
-4.64%$0.319592
-3.67%$19.37
-0.52%$0.99987
-0.03%$0.998939
0.02%$1.00
0.18%$2,429.27
-3.04%$0.0000568
-0.62%$0.999867
0.00%$153.66
-2.92%$0.727964
-0.44%$0.00000147
-1.53%$0.45261
-2.88%$1.085
-3.14%$2,433.11
-2.88%$0.00344289
-2.99%$0.062193
-1.29%$108.06
-2.17%$0.999292
0.11%$103,671.00
-0.75%$0.284505
-1.75%$9.44
1.50%$17.62
-1.91%$0.689576
-3.54%$0.608037
-1.33%$1.70
-1.06%$1.015
0.20%$0.184623
-1.13%$0.00509677
-2.86%$0.586554
-1.37%$2,081.66
-0.56%$99,487.00
-0.95%$0.182695
-1.96%$101,807.00
-0.93%$0.01652908
-0.22%$5.98
-3.49%$0.0035791
-0.39%$0.492948
2.39%$19.67
-0.25%Reading
Fees on Ethereum are low today, but Lido Finance wants to keep them low tomorrow.
The so-called liquid staking service has announced that it will begin expanding into various layer-2 scaling solutions for the Ethereum network.
“For Ethereum stakers, this means staking with lower fees and access to a new suite of DeFi applications to amplify yields,” the project explained in a statement yesterday.
ConsenSys CEO Joe Lubin talked about Ethereum 2.0 timing and impact, the power of DAOs, and gave his honest take on NFTs, Solana, Polygon, and Biden's crypto executive order in an extensive fireside chat with Decrypt's Dan Roberts at Camp Ethereal 2022 in Wyoming.
Lido Finance solves a key bottleneck for many users when it comes to staking their Ethereum.
Typically, when you want to participate in staking on Ethereum (as part of its transition to a proof-of-stakeproof-of-stake network), you’d need to cough up 32 ETH, or roughly $50,000 at press time.
For the less ETH-wealthy among us, Lido lets you stake any amount they want and still earn a yield for doing so. Today, you can earn just under 4% for staking with the platform.
The service has become beloved among crypto enthusiasts too, with Lido dominating market share.
What’s more (and here’s where the liquid staking terminology comes from), you receive a “Staked Ethereum” token in return called “stETH,” keeping you liquid even with your precious Ethereum locked up.
You can then take this stETH and deposit it on Aave for additional yield or even use it as collateral to mint the stablecoin DAI on MakerDAO.
But, as seen in the past, these additional operations can come with a cost; hence Lido’s move to expand into cheaper, speedier alternatives.
Decrypting DeFi is Decrypt's DeFi email newsletter. Art: Grant Kempster Some of the largest fortunes in crypto have been made through arbitrage plays. Some of them were lying in plain sight but too difficult to execute; others were hidden. Think of Arthur Hayes or Sam Bankman-Fried. Arbitrage was exactly how they were able to bankroll the launch of their respective exchanges. After that, though, the two founders’ trajectories have taken pretty different turns. The former pleaded guilty this year...
Though the Lido team is intent on “making Lido’s staked-asset tokens widely available throughout Ethereum Layer 2,” it’ll first start small by integrating crypto wallet Argent and making “wstETH available on zkSync users and with Aztec.”
Briefly: wstETH is yet another wrapped version of stETH that’s more compatible with a wider array of decentralized finance (DeFi) projects; Argent is a user-friendly crypto wallet that has integrated the layer-two solution zkSync; and Aztec is another privacy-centric Ethereum scaler.
With Lido already leading the market for this service, its push into layer-2 options may firm up that lead.
If not now, then perhaps during the next bull run when gas fees hit new all-time highs.
SatLayer, a Bitcoin restaking platform, announced Wednesday it’s extending Bitcoin’s use in decentralized finance to Sui, the speedy layer-1 blockchain launched last year. With Sui’s focus on fast transaction speeds, SatLayer’s integration will enable developers to leverage Bitcoin’s $2.1 trillion footprint in building DeFi applications, which aim to exclude third parties from transactions in areas like trading and lending, SatLayer said in a statement. Sui’s network is already home to a budding...
It's been a big week of DeFi news for the Donald Trump-backed crypto venture, World Liberty Financial (WLFI). Earlier this week, the project expanded its portfolio with $5 million worth of investment in three major assets: Ethereum (ETH), Chainlink (LINK), and Aave (AAVE). The acquisitions include 2,631 ETH at $3,801 each, 41,335 LINK at $24.2, and 3,357 AAVE at $297.8, according to on-chain analytics platform Lookonchain. The purchases mark WLFI’s first foray into LINK and AAVE, diversifying it...
Crypto yield marketplace Superform announced Wednesday the launch of SuperUSDC, a product billed as a “set and forget” opportunity for earning high yield on Circle’s stablecoin. Since its launch in early access this year, the platform has functioned as a decentralized marketplace for yield protocols. Projects can list vaults on Superform, which are linked to yield opportunities on Ethereum as well as dedicated scaling solutions like Arbitrum or Base. SuperUSDC offers DeFi users “automated, non...
