Category: Liquid Staking LST
Babylon, the Bitcoin Staking Protocol, Releases a New Testnet Chapter
The Bitcoin staking protocol Babylon has revealed new features for its testnet, including the ability to automatically modify fees. According to the report, input from the community was crucial in…
Liquid restaking surface Mellow makes its debut with Symbiotic
Today saw the debut of the liquid restaking project Mellow for the Symbiotic restaking protocol. As was previously mentioned in Lido’s governance forum, Mellow will be a component of Lido…
Kelp, a liquid Ethereum restaking platform, raises a token round valued at $90 million
In a private token sale round, Kelp DAO, an Ethereum liquid restaking platform built on EigenLayer, raised $9 million. With a combined investment of $3.5 million, SCB Limited, a Bahamas-based…
Kiln uses Ledger Live to enable LST restaking on EigenLayer
Kiln, a platform for institutional crypto staking, has revealed the liquid staking token (LST) restaking on EigenLayer through its Ledger Live dApp. Kiln said that the more than 1.5 million…
Celestia procedure for liquid staking Before the launch and airdrop of its token, MilkyWay raises $5 million
Co-founder and CEO of MilkyWay, a Celestia TIA -5.17% liquid staking protocol, JayB Kim said that the company has raised $5 million in a seed round headed by Polychain Capital….
Puffer Finance, an Ethereum liquid restaking technology, has raised $200 million in a new token funding round
Co-led by Brevan Howard Digital and Electric Capital, Puffer Finance is an Ethereum ETH +2.01% liquid restaking protocol that has raised $18 million in a Series A fundraising round. Coinbase…
Ether.Fi Secures $500 Million Restaking Partnership with RedStone Oracles
Ether.Fi, the leading liquid restaking service on EigenLayer, has reached a $500 million deal with RedStone Oracles, a provider of blockchain data feeds. This partnership aims to enhance RedStone’s data…
Institutional Staking-as-a-Business facility emerges on P2P.org
According to a press statement from the startup, P2P.org has more than a million Ether (ETH) staked, and its total value locked (TVL) has topped $7.4 billion. To support the…
Decline in Liquid Staking Platforms: A $1.18 Billion Unstaking Trend
Over the past 22 days, a notable decline has been observed in the volume of staked ether across various liquid staking derivative token platforms. Recent data reveals a decrease of…
The Surge of Liquid Restaking Platforms: Approaching $8 Billion in Total Value Locked
The total value locked (TVL) in liquid restaking tokens (LRTs) has surged to nearly $8 billion, driven by protocols like Etherfi, Renzo, Kelp, and Puffer experiencing a significant influx of…
Glif Prepares for Token Launch with Points Program
Glif, a leading liquid leasing platform within the Filecoin ecosystem, has initiated its points program in anticipation of its upcoming token launch. Designed as a precursor to decentralizing protocol decision-making,…
Prisma Finance Suspected to Have Suffered $9 Million Hack in Ongoing Exploit
Prisma Finance, a liquid staking protocol, has reportedly fallen victim to a hacking incident in an ongoing exploit, according to recent developments in the blockchain space. The breach came to…
Binance reveals investment in StakeStone- a staking protocol for connecting omnichain liquidity
With a range of offerings spanning from Ethereum staking and restaking to real-world assets, AI, and decentralized physical infrastructure network assets, StakeStone seeks to offer investors a flexible choice for…
Ethos Partners with Liquid Restaking Protocols to Safeguard Cosmos Chains via EigenLayer
Ethos, a blockchain initiative poised as a “validated service” on EigenLayer, is collaborating with various liquid restaking protocols to bolster the security of Cosmos chains by allocating ether stakes. This…
Stride announces launch of stTIA on the Astria EVM Shortly
Astria is a shared sequencer network with Celestia underlying that offers rollups with quick finality, resilience to censorship, composability guarantees, and decentralization at genesis. Hyperlane is a permissionless interoperability layer…
Swell Unveils Layer 2 ‘Restaked Rollup’ with Native Governance Token
Swell Network, a liquid restaking platform, has announced plans to introduce its Layer 2 rollup chain, incorporating elements from EigenLayer. Departing from conventional Layer 2 models, Swell will adopt the…
Inception and Origin join forces to bring cutting-edge liquid staking model to life
Users of Inception LRT now have the opportunity to mint Inception’s Liquid Restaking Token (LRT), inoETH, using OETH, opening up new avenues for possible investment ideas. Users that stake with…
Stakely joins Eigen Layer as Node Operator
Stakely is stepping in as node operators within the Genesis’ DVT clusters in conjunction with eleven other top validators to improve the security and decentralisation of this ground-breaking liquid restaking…
Accumulated Finance Launches on Metis
With the latest move, Accumulated Finance is now available on multiple networks: ZetaChain, Manta, Metis, Ethereum, and BNB Chain – ZETA liquid staking is now possible with Omnichain ZETA Liquid…
Chainlink CCIP undergoes integration with Stake.link
Stake.link has accomplished a crucial integration with Chainlink CCIP which will open the doors to unlock Cross-Chain Protocol Asset Management and LINK Staking. It will allow bridging wrapped staked LINK…