The total value locked (TVL) in liquid staking derivatives (LSDs) has risen by 441,110 Ether, amounting to $793 million. Lido Finance leads the market with 74.35% of the TVL, while Rocket Pool and Frax Ether have gained 34% to 42% in the last 30 days. With 622,633 ETH locked, Rocket Pool is closing in on Coinbase in terms of staked ETH, whereas Frax Ether only has 187,551 ETH locked. To surpass Coinbase’s staked ETH locked within the protocol, Rocket Pool’s deposits would have to increase by 84%.
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
