Liquid staking


Finance

Coinbase Ventures' Strategic Investment Sends Rocket Pool Token Surging

The investment branch announced today the purchase of an undisclosed amount of Rocket Pool’s native token RPL, which has jumped more than 9% in the past 24 hours.

Coinbase CEO Brian Armstrong (CoinDesk)

Finance

Mantle Introduces New Governing Body for Treasury Management

The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH.

(Dan Kitwood/Getty Images)

Tech

Lido Attracted 10K Ether Stakers to Protocol in July

The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022.

(Getty Images)

Markets

Ether Liquid Staking Protocols Could Double in 2 Years: HashKey

Ether staking is a $100 billion-plus opportunity, potentially growing into a $1 trillion sector, with liquid staking protocols doubling in size in two years.

(Micheile/Unsplash)

Finance

Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly

Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD.

Lybra Finance launched its version 2 test network on Arbitrum Wednesday morning. (Getty Images)

Finance

Brevan Howard Joins $12M Round for Liquid Staking Protocol Alluvial

Ethereal Ventures and Variant co-led the round for Alluvial, creator of the enterprise and institution-focused Liquid Collective.

(Pixabay)

Tech

Liquid Staking Frenzy Spreads to Solana as Drift's 'Super Stake' Offers One-Click Leverage

Drift Protocol’s “Super Stake” is a hit among traders trying to get extra yield on their staked SOL tokens.

Solana's offices in New York (Danny Nelson)

Finance

Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products

While Raft is centered around its R stablecoin backed by Lido’s stETH, the team has had ongoing conversations about introducing RAFT, an additional token intended to empower community members and help decentralize the protocol.

Raft's total value locked has crossed $55 million in roughly three weeks (DefiLlama).

Finance

DeFi Protocol Maverick Raises $9M Led by Peter Thiel's Founders Fund

The round also included contributions from Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto.

Funding, Fundraising

Tech

EigenLayer’s Restaking Smart Contracts Reach Max Limit on Same Day as Mainnet Launch, Pulling in $16M

Notable depositor into EigenLayer’s pools includes one address that deployed the U.S.-sanctioned Tornado Cash money mixing tool.

Full fuel gauge icon (M-A-U/Getty)

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