Lido Analytics: December 11 - 18, 2023
Lido Analytics: December 11 - 18, 2023
Lido TVL decreased by 7.05% to $20.31b due to a correction in token prices and an outflow of staked ETH. The stETH APR remained stable with a 7-day moving average of 3.84%. There was an outflow of staking deposits with a decrease of 69,824 ETH over the past week. The amount of stETH in lending pools and liquidity pools also decreased by 1.20% and 1.15% respectively. Additionally, the amount of wstETH bridged to L2 decreased slightly by 0.08%. However, the amount of wstETH bridged to Cosmos increased moderately by 2.40%.
馃搱 Lido Analytics: Nov 27 - Dec 4, 2023 TLDR: - Lido TVL up by 6.93% to $20.48b. - 1st in net new 7d ETH staking deposits with 77k ETH total. - stETH staking APR up with the 7d MA at 3.73%. - wstETH on @BuildOnBase sees +35.96% growth in deposits to reach 3,018 wstETH.
馃搱 Lido Analytics: December 11 - 18, 2023 TLDR: - Lido TVL down 7.05% to $20.31b. - stETH APR stable with 7d MA at 3.84%. - Outflow of staking deposits - -69,824 ETH over the last week. - stETH in lending pools & liquidity pools fell -1.20% & -1.15%, to 3.21m & 130k stETH.
馃搱 Lido Analytics: November 6 - 13, 2023 TLDR: - Lido TVL up +8.84% to $18.48b. - Lido 2nd in net new ETH staking deposits with 70,432. - stETH APR 7d MA at 3.90%. - wstETH bridged to L2 up by 7.63% to 167,437 wstETH. - wstETH launches on Base with 230 wstETH first week.
馃搳 Lido Analytics: December 4 - 11, 2023 - TVL up +6.66% to $21.85b. - Net outflow of staked ETH with a decrease of 67,328 ETH. - stETH APR up with 7d MA at 3.89%. - (w)stETH in liquidity pools up +2.79% to 131.5k stETH. - (w)stETH in lending pools down -4.78% to 3.25m stETH.
馃搱 Lido Analytics: November 20 - 27, 2023 TLDR: - TVL up 5.16% to a new high of $19.15b. - Lido 1st in net new ETH staking deposits with 226,229 ETH in 7 days. - Main driver was ETH deposits due to Blast with 170,388 ETH. - wstETH bridged to L2 up +0.60% to 172,874 wstETH.
馃搱 Lido Analytics: November 13 - 20, 2023 TLDR: - TVL fell -1.43% to $18.21b. - Lido led in new ETH staked with 25,440 ETH. - stETH APR fell slightly with the 7d MA at 3.82%. - wstETH bridged to L2 up +2.64% to 171,850 wstETH. - wstETH on Cosmos up +8.41% to 3,596 wstETH.
Lido DAO Approves Protocol Upgrades, Awaits Dual Governance Review
**Lido DAO has approved major protocol upgrades** that will enhance its staking infrastructure. The approved changes include: - Upgrading Community Staking Module (CSM) to v3 - Adding new Curated Module v2 on-chain - Built on Staking Router v3 The proposal is now under **Dual Governance review**. If no veto occurs, the upgrades will be deployed to mainnet. **No action required from stakers** - this is a protocol-level upgrade that will be implemented automatically. The vote passed after a governance window that ran July 15-17. Full details: [dao.lido.fi/vote/203](http://dao.lido.fi/vote/203)
Lido Completes Security Audits for Staking Router v3 and Community Staking Upgrades
Lido has published multiple security audit reports for its upcoming protocol upgrades: **Staking Router v3 & Community Staking V3:** - [Certora audit report](https://github.com/lidofinance/audits/blob/main/Certora%20Staking%20Router%20v3%20Audit%20Report%2007-2026.pdf) - [Statemind audit report](https://github.com/lidofinance/audits/blob/main/Statemind%20Staking%20Router%20v3%20Audit%20Report%2007-2026.pdf) **Easy Track Factories:** - [MixBytes audit report](https://github.com/lidofinance/audits/blob/main/MixBytes%20Lido%20Easy%20Track%20Factories%20(SRv3%20CSMv3%20CMv2)%20Security%20Audit%20Report%2007-2026.pdf) **Off-chain Oracle:** - [Composable Security consultation report](https://github.com/lidofinance/audits/blob/main/Composable%20Security%20Lido%20Oracle%20V8_0_2%20Security%20Consultation%20Report.pdf) Staking Router v3 introduces reallocated stake via consolidations, large validator deposit support, and streamlined validator management for improved protocol efficiency.
Lido Core Upgrade Completes Dual Security Audits
Lido has completed security audits for its Core upgrade, maintaining its standard practice of dual independent reviews. **What was audited:** - Smart contracts - Governance components - Off-chain infrastructure The protocol continues its track record of rigorous security practices, having conducted over 100 audits throughout its history with no user funds lost to date.
Aave Raises Supply Cap to Enable New Strategy
Aave has increased its supply cap to support a new strategy implementation. **Key Changes:** - Higher deposit limits now available for users - Additional allocation space created for new positions - Cap adjustment follows previous capacity increases in April This expansion continues Aave's pattern of gradually scaling supply and borrow limits as demand grows. Users can now deploy larger positions within the protocol's updated parameters.
EarnUSD Launches PT-srUSDe Loop Strategy with Fixed Yields
EarnUSD has introduced a new strategy allocation featuring PT-srUSDe loops. The approach combines: - Fixed-yield principal tokens (PT) on Strata Markets' senior sUSDe tranche (srUSDe) - Looping mechanism on Aave with boosted leverage through Twyne - Powered by Pendle Finance infrastructure The strategy offers a fixed rate return with first-loss capital protection underneath. This builds on previous integrations where PT srUSDe gained support for 1-transaction looping, unwinding, and position optimization on DeFi Saver.