What Is Lido Finance, Ethereum's Largest Liquid Staking Project?
Lido Finance has long held the lion’s share of the liquid staking market on Ethereum, but what is it and how does it work?
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Some Aave loans sit near liquidation with collateral that can take hours to cash out
Some Aave loans backed by yield-bearing collateral had narrow liquidation buffers in LlamaRisk’s Oct. 9 snapshots. Every top PT-AU...
Thailand wants a piece of the $120 billion Bitcoin and Ethereum ETF market, but on its own terms
Thailand has finalized rules allowing domestic Bitcoin and Ethereum ETFs while restricting retail access to competing overseas inv...
Evernorth XRP Treasury Merger Brings 473 Million XRP to Nasdaq as XRPN Debuts October 12
The transaction gives public-market investors another route to gain exposure to XRP through a company that actively manages its di...
Bitcoin hedge funds face a liquidation trap when their collateral is split across markets
Here's a hypothetical situation: a hedge fund is making money, but one of its exchanges is about to liquidate its position anyway....
FTX Bitcoin Bet Takes an Unexpected Turn as SWI Group Raises $900 Million
SWI Group has raised €800 million from institutional investors at a €6.1 billion valuation. The Singapore-incorporated, Amsterdam-...
XRP ETFs extend a 13-week inflow streak as Bitcoin, Ethereum and Solana funds shed $1.25 billion
US-listed XRP ETFs extended their inflow streak to 13 weeks as Bitcoin, Ethereum and Solana funds suffered nearly $1.25 billion in...