$103,234.00
-0.73%$2,404.43
-4.57%$2.31
-3.55%$639.74
-1.20%$161.84
-5.53%$0.99985
-0.00%$0.217166
-3.24%$0.72267
-5.12%$0.26276
-3.73%$2,403.17
-4.62%$103,124.00
-0.73%$3.68
-4.46%$2,893.45
-4.63%$15.21
-3.83%$21.66
-6.74%$0.280457
-3.92%$25.82
-4.57%$0.00001403
-5.25%$8.62
-0.89%$0.187872
-3.70%$382.69
-4.37%$3.01
-3.23%$95.33
-3.43%$0.999885
0.01%$4.49
-6.03%$2,406.21
-4.54%$345.16
0.54%$5.15
-0.84%$1.001
0.03%$2,570.07
-4.49%$0.00001275
-3.94%$0.728902
-3.23%$1.001
0.05%$103,377.00
-0.66%$30.20
-0.25%$395.10
-8.47%$5.73
-4.84%$219.18
-3.26%$2.70
-3.60%$4.98
-4.87%$52.19
-1.92%$195.14
-5.19%$1.00
0.00%$0.901169
-4.57%$0.09471
-4.60%$35.10
-0.04%$0.104323
-7.17%$5.06
-4.33%$17.72
-4.42%$21.35
-1.20%$12.57
-4.09%$0.7281
-1.27%$1.17
-0.00%$1.052
0.04%$0.0272499
-4.87%$4.40
-6.24%$1.00
-0.04%$4.70
-2.18%$102,643.00
-0.97%$0.352223
-7.78%$0.231775
-3.41%$4.40
0.08%$0.721098
-7.05%$2.78
-4.52%$0.214074
-4.26%$0.372917
-5.95%$2.56
-4.73%$1.091
-4.22%$4.45
-2.40%$0.486977
-4.76%$1.00
0.06%$0.00001889
-6.07%$2,407.54
-4.46%$11.59
0.04%$0.475237
-7.11%$1,654.54
-7.09%$170.20
-5.66%$4.79
-1.54%$2,513.67
-4.43%$90.52
-4.42%$0.834042
-4.38%$1.25
-1.55%$0.01892705
-1.65%$1.21
-6.08%$1.81
-0.38%$0.762103
-5.30%$0.216515
-6.91%$0.689049
-5.26%$0.620044
-7.39%$1.001
-0.08%$2,731.89
-4.57%$11.53
-5.60%$0.071444
-2.05%$103,102.00
-0.64%$0.10638
-4.57%$0.94858
-9.68%$0.999642
0.00%$1.00
0.02%$0.00009273
-5.55%$640.11
-1.14%$2,564.50
-4.51%$3.06
-5.06%$0.655631
-5.60%$209.52
-5.31%$0.842964
-5.73%$103,230.00
-0.58%$179.94
-5.27%$0.01714802
-3.89%$0.01849988
-5.92%$103,790.00
-0.87%$3,244.50
1.17%$1.00
0.00%$0.873956
-7.94%$0.218183
-3.73%$0.622023
-4.92%$102,187.00
-0.94%$3,254.47
1.15%$0.768454
-4.92%$0.01207126
-6.68%$2,522.17
-4.50%$0.302174
-3.85%$12.82
-0.22%$2.15
-4.44%$0.00000072
-3.50%$3.82
-5.88%$21.00
-5.87%$35.00
-3.10%$2,513.77
-4.55%$0.11373
-4.26%$0.01969788
-1.62%$0.065873
-11.68%$0.997874
0.01%$39.94
-2.76%$3.94
-1.71%$2.06
-0.80%$0.997885
-0.05%$0.599646
-4.50%$0.392461
-5.32%$0.66563
-4.43%$1.73
-2.91%$1.84
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0.11%$0.318436
-5.27%$111.09
0.00%$2,407.76
-4.45%$0.217363
-2.64%$0.999873
-0.00%$0.144182
-9.56%$1.89
-8.89%$2,406.25
-4.43%$103,140.00
-0.71%$0.642856
-2.25%$0.436977
-1.82%$17.84
-4.88%$0.609355
-5.37%$2,561.09
-4.56%$0.998216
-0.04%$2,469.40
-3.88%$0.628888
-4.09%$102,656.00
-0.83%$2,409.27
-4.42%$0.00832014
-5.93%$0.999902
0.00%$0.065017
-0.18%$7.09
-6.16%$1.91
8.83%$2.86
-5.56%$0.147883
-6.70%$0.176822
-7.69%$0.00489186
-4.82%$0.415686
-0.06%$99,610.00
-2.14%$6.27
-5.61%$0.439886
-1.47%$0.086207
-4.20%$0.04797761
-11.13%$0.00002193
-4.41%$0.174163
-4.30%$0.00000043
-2.35%$1.60
-0.60%$0.429276
-7.51%$0.09135
-7.56%$0.634965
-4.64%$1.087
0.00%$0.0423815
-4.81%$0.154175
-1.86%$1.00
-0.00%$1.25
-8.61%$2,400.55
-4.67%$0.990943
-0.48%$0.00000103
-5.30%$0.00752636
-6.54%$0.999206
-0.05%$0.167586
-5.86%$1.28
-4.74%$41.77
-6.56%$0.999629
-0.01%$33.95
0.02%$0.231445
-3.60%$102,364.00
-0.93%$0.00439584
-2.86%$1.00
0.01%$1.48
-5.65%$0.01873132
-4.20%$0.373797
-4.21%$3.01
-6.16%$2,547.14
-4.67%$0.00349765
-2.83%$25.87
-4.20%$0.323486
-14.24%$0.00502103
-4.70%$0.03485135
-2.61%$0.364337
-4.75%$0.824523
-2.77%$1.10
0.10%$128.24
-4.41%$0.741074
-3.86%$103,155.00
-0.64%$2,640.82
-4.69%$0.00006021
-4.31%$19.89
-3.44%$3.59
-6.03%$0.999544
-0.12%$2,625.60
-4.43%$0.00000155
-8.66%$0.315699
-12.24%$0.999755
-0.03%$0.999823
0.05%$0.244679
-5.36%$2,406.20
-4.41%$0.00070956
1.03%$0.663601
-5.62%$17.91
-7.29%$0.212161
-5.56%$21.65
-7.07%$0.266789
-7.88%$2,592.03
-4.57%$2,405.20
-4.41%$25.82
-4.31%$0.569295
-1.12%$0.00317776
-5.81%$2.54
-5.54%$22.87
-3.17%$0.00272757
-5.67%$0.999495
-0.07%$0.481627
-3.92%$0.999486
-0.02%$3,203.87
0.00%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.
Digital assets may be firmly in the mainstream, with institutional involvement and a crypto-friendly president in the White House. But hackers and fraudsters are having a field day so far this year. Crypto users have lost over $1.7 billion to these groups—already 14% more than 2024’s total losses of $1.49 billion, according to blockchain security firm Immunefi. In the same period last year, losses totaled $420 million, the firm said. The report comes amid ongoing concerns about the vulnerabil...
Libre, a regulated real-world asset platform, and the TON Foundation have launched a $500 million tokenized fund on The Open Network, aiming to bring Telegram’s $2.4 billion in corporate debt onto the blockchain for the first time. Dubbed the Telegram Bond Fund, the product allows institutional and accredited investors to gain exposure to Telegram’s outstanding bonds directly through the TON blockchain, according to a statement shared with Decrypt. The fund will also participate in future Telegr...
Solana decentralized exchange Raydium has deployed its native token launchpad, which is designed to rival the popular Pump.fun. This comes almost a month after Pump.fun deployed its own decentralized exchange, cutting ties with Raydium in the process. LaunchLab by Raydium offers a more sophisticated token creation process, compared to Pump.fun’s simplistic approach. The new launchpad allows for deployers to toy with the token supply, how many tokens will be sold on the bonding curve, and how muc...
