Ethereum Liquid Staking Derivatives (LSDs) have generated an average yield of 4.4% APY since January 2022, according to a recent report by CoinGecko. The report also notes that the total value locked (TVL) in LSD Finance protocols grew by 5,870% since January, reaching 919.0 million by the end of August 2023. LSDs are a type of financial derivative that allows users to stake their Ethereum without having to lock it up for an extended period of time. This makes LSDs an attractive option for users who want to earn staking rewards without sacrificing their liquidity. The growth of the LSD sector is being driven by a number of factors, including the increasing popularity of Ethereum staking and the rising demand for yield-generating assets.
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BCH
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GRAM
$1.34
▼ -3.60%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,910.00
▲ +0.30%
ETH
$1,917.83
▲ +0.20%
USDT
$0.999326
▲ +0.00%
BNB
$592.25
▼ -0.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.03
▼ -1.90%
SOL
$73.88
▲ +0.60%
TRX
$0.327612
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.80%
HYPE
$55.73
▼ -0.20%
DOGE
$0.069932
▲ +1.20%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012723
▲ +1.30%
LEO
$9.76
▲ +0.00%
ZEC
$512.71
▲ +3.40%
ADA
$0.200411
▼ -1.10%
XMR
$368.95
▲ +1.20%
WBT
$56.17
▲ +0.20%
LINK
$8.29
▲ +0.60%
XLM
$0.16048
▼ -0.80%
DAI
$1.00
▲ +0.00%
BCH
$215.80
▲ +1.40%
USD1
$0.999786
▲ +0.00%
USDE
$0.999687
▲ +0.00%
GRAM
$1.34
▼ -3.60%
BTC
$64,910.00
▲ +0.30%
ETH
$1,917.83
▲ +0.20%
USDT
$0.999326
▲ +0.00%
BNB
$592.25
▼ -0.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.03
▼ -1.90%
SOL
$73.88
▲ +0.60%
TRX
$0.327612
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.80%
HYPE
$55.73
▼ -0.20%
DOGE
$0.069932
▲ +1.20%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012723
▲ +1.30%
LEO
$9.76
▲ +0.00%
ZEC
$512.71
▲ +3.40%
ADA
$0.200411
▼ -1.10%
XMR
$368.95
▲ +1.20%
WBT
$56.17
▲ +0.20%
LINK
$8.29
▲ +0.60%
XLM
$0.16048
▼ -0.80%
DAI
$1.00
▲ +0.00%
BCH
$215.80
▲ +1.40%
USD1
$0.999786
▲ +0.00%
USDE
$0.999687
▲ +0.00%
GRAM
$1.34
▼ -3.60%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,910.00
▲ +0.30%
ETH
$1,917.83
▲ +0.20%
USDT
$0.999326
▲ +0.00%
BNB
$592.25
▼ -0.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.03
▼ -1.90%
SOL
$73.88
▲ +0.60%
TRX
$0.327612
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.80%
HYPE
$55.73
▼ -0.20%
DOGE
$0.069932
▲ +1.20%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012723
▲ +1.30%
LEO
$9.76
▲ +0.00%
ZEC
$512.71
▲ +3.40%
ADA
$0.200411
▼ -1.10%
XMR
$368.95
▲ +1.20%
WBT
$56.17
▲ +0.20%
LINK
$8.29
▲ +0.60%
XLM
$0.16048
▼ -0.80%
DAI
$1.00
▲ +0.00%
BCH
$215.80
▲ +1.40%
USD1
$0.999786
▲ +0.00%
USDE
$0.999687
▲ +0.00%
GRAM
$1.34
▼ -3.60%
