Ethereum Liquid Stoking attracts $ 3.2 billion in just 14 weeks


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Gijs O.

Ethereum’s ecosystem Ethereum has seen a significant increase in the last three months, with approximately 690,000 ETH worth $ 3.2 billion, entering protocols since mid -May. Fast flows emphasize both the investor’s requirement for income revenues and the consolidation of power between the main protocols.

Illustration of the Ethereum coin coin on the beach at sunset, symbolizes liquidity and influx into liquid protocols.Illustration of the Ethereum coin coin on the beach at sunset, symbolizes liquidity and influx into liquid protocols.

In short

  • About 690,000 ETH worth $ 3.2 billion have been invested in Liquid Stations in the last 14 weeks, thus increasing the total ETH to 14.31 million.
  • Lido dominates the market share (8.76 m ETH), while Binance has bet ETH dynamics, with an increase of 11 % in the last month.
  • Liquid betting now represents $ 11.9 % of the total ETH range worth almost $ 68 billion, emphasizing its central role in the Ethereum Defi ecosystem.

Lido retains his domination

Lido remains an undisputed market leader, holding 8.76 million Ethereum worth $ 41.6 billion. Despite the massive share in the market 61.2 %, the platform has experienced a slight decline of 0.87 %this week, reflecting both the huge size and growing opponents.

Binance bet Ethereum gradually reduced the advance of Lido with 3.3 million ETH ($ 15.7 billion). The protocol has seen a growth of 3.4 % in seven days and 11.3 % per month, making it one of the players in stronger growth of liquids.

Rocket Pool ranked third with 652,585 ETH ($ 3.09 billion), although its market share decreased by 0.48 %slightly this week. The collective fluid follows with 365,918 ETH ($ 1.74 billion), now slight growth. StakeWise V2 holds 321,413 ETH ($ 1.53 billion), but suffered a sharp monthly decline of 16 %, reflecting the difficulty of maintaining its dynamics.

In addition, the METH protocol controls almost 300,000 ETH ($ 1.42 billion), but has been one of the most affected, in the last 30 days it has fallen by more than 19 %. Stade, with 161,688 ETH ($ 768 million), remains a smaller player, while the coinbase wrapped Ethereum gains land with 143,321 ETH ($ 683 million), by 9 % both weekly and monthly.

Small protocols remain active

Among the small participants, Frax Ether has 93 928 ETH ($ 446 million), while the origin of Ether suffers from drops and falls to 38,143 ETHN ($ 181 million). Crypto.com Liquid Stainc is doing better and shows a weekly increase of 4.7 % with 36,043 ETH ($ 172 million).

At the back of the peloton, Stakestone Stone maintains $ 29,962 ($ 142 million), but has fallen by 14.5 %in the last month.

A growing proportion of Ethereum offer

A total of 14.31 million Ethereum is now locked in liquid storage, which represents 11.9 % of the 120.7 million Ethereum currently in circulation. The total value is $ 67.9 billion, emphasizing the key role in the sector in the wider Ethereum ecosystem.

Constant flows emphasize the structural trend: investors are increasingly considering liquid induction as the most effective means of generating the yield to Ethereum without sacrificing liquidity. While Lido continues to dominate, the competition intensifies with the arrival of new players who claim that the market share, suggesting that Liquid Stoking will remain one of the most dynicular combatants in Ethereum in the coming months.

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Gijs O.

I was passionate for almost ten years since I was young and I was curious for investment for the first time. This early spark led me to years of research, writing and exploring the future of decentralized technology.

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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.

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