Lido Analytics Update: Feb 5 - 12, 2024
Lido Analytics Update: Feb 5 - 12, 2024
Lido's TVL increased by 10.80% to $24.20b, with +145,664 ETH in net staking deposits and stETH APR slightly rising to 3.49%. The amount of stETH bridged to L2 decreased by 0.36% to 144,648 wstETH. In comparison to the previous week, Lido experienced significant growth in TVL and ETH deposits, maintaining its lead in net new staking deposits among DeFi protocols.
馃搳 Lido Analytics: February 5 - 12, 2024 TLDR: - TVL soars +10.80% to $24.20b / 9.6m ETH. - +145,664 ETH in net new 7d ETH staking deposits. - staking APR up slightly with 7d MA at 3.49%. - stETH bridged to L2 down 0.36% to 144,648 wstETH.
馃搳 Lido Analytics: Jan 29 - Feb 5 - TVL up +2.52% to $21.84b. - Lido ranks first in net new ETH staking deposits with 92,608 ETH staked. - stETH APR remained stable with the 7d MA at 3.36%. - wstETH bridged to L2 fell by -1.08% to 145,164 wstETH.
Lido Rebrands with Fuzzy Logo as UNI Incentives Launch
Lido unveils a simplified, fur-inspired logo refresh coinciding with their modular architecture transition. The rebranding emphasizes alignment with user-friendly staking solutions. - **UNI Liquidity Incentives**: Program officially launches after months of preparation - **Modular Architecture**: Lido implements new technical framework for improved scalability - **Brand Evolution**: New fuzzy logo represents accessibility and warmth in DeFi The changes come as Uniswap deploys Unichain, marking significant infrastructure upgrades for both protocols. These developments signal maturation in DeFi's user experience and technical capabilities.
Uniswap Launches New Liquidity Incentives Campaign
Uniswap is launching a major liquidity incentive program starting April 15, 2025. The **3-month campaign**, managed by Gauntlet, aims to boost liquidity across Unichain. Key details: - Focuses on 12 key pools including wstETH/ETH - Millions in $UNI rewards available - Rewards claimable through Merkl platform This follows previous successful incentive rounds on multiple networks: - Mainnet pools received wstETH rewards - Optimism pools earned OP tokens - Arbitrum pools distributed ARB tokens [View rewards and participate via Merkl](http://merkl.angle.money)
Lido Announces Permissionless Module Launch
Lido Finance is expanding its staking capabilities with a new permissionless module. This development marks a significant step towards democratizing Ethereum staking. - The module will enable home staking without requiring permission - Implementation expected in early 2025 - Aims to make staking more accessible to individual validators This update aligns with Lido's mission to simplify staking processes while maintaining decentralization. Users interested in becoming validators should monitor Lido's official channels for launch details.
Lido Analytics Weekly Report: December 2-9, 2024
**Key Metrics:** - TVL increased 8.21% to $39.46b, driven by token price growth - 14,880 net ETH staked via Lido protocol - stETH 7-day APR rose to 3.03% (+15 basis points) - (w)stETH trading volume up 61.27% to $2.38b **DeFi Activity:** - Collateral markets: 3.06m stETH (+2.87%) - Liquidity pools: 95.2k stETH (+16.14%) - Restaking: 1.55m stETH (+3.51%) **Multichain Status:** Total bridged wstETH at 178,848 (-0.21%) Notable changes: - BNB: +302.98% - zkSync: -30.68% - Starknet: -22.88%
One Month of Community Staking Module (CSM): Performance Review
After one month on mainnet, Lido's Community Staking Module (CSM) shows promising results: - 214 new permissionless operators onboarded - 80% growth in total operators (265 to 479) - 0.4% of Lido's TVL now managed by CSM operators **Performance Metrics:** - 99.2% of validators met performance threshold - 99.4% attestation inclusion rate - Only 2.2% operators missed rewards distribution Currently in Early Adoption mode with 1.5 ETH bond requirement for first validators. Full permissionless mode planned for coming months. Second round of CS grants launched to support tooling development.