wrsETH Expands on Linea with $36M TVL Across DeFi Protocols
wrsETH Expands on Linea with $36M TVL Across DeFi Protocols
š± wrsETH's $36M Secret
wrsETH on Linea has launched major upgrades across three key DeFi protocols, attracting over $36M in combined TVL.
Key opportunities now live:
- Aave v3: wrsETH surpassed $2M TVL with supply caps filling rapidly
- EtherX Finance: $17M+ TVL pool offering 16%+ rewards and 121.3k REX emissions
- Euler Finance: New looping strategy against WETH with up to 30% rewards available
The EtherX concentrated liquidity pool holds the largest share at $17M+ TVL, while Euler's Re7Labs WETH cluster provides $17M in borrowing liquidity for leverage strategies.
Supply caps are filling fast across platforms as users position for these new yield opportunities.
Your hgETH weekly strategy update is here! š± Last week's highlights: ā New allocation to @eulerfinance on @LineaBuild generating 7% reward rate ā Strategic capital reallocation following @TacBuild ETH vault redemption ā Total reward rate at 8.2% Dive into the details š§µ
wrsETH on @LineaBuild just got major upgrades š± New opportunities across @aave, @etherexfi and @eulerfinance are pulling serious liquidity. Over $36M combined TVL shows people are positioning fast. Here's what's opened up š§µ
DeFi Liquidity Pool Mechanics Explained
**DeFi fees and slippage** vary dramatically across protocols due to different liquidity pool structures. This week's educational comic breaks down **liquidity mechanics** - the fundamental system powering every DeFi transaction. Key points covered: - How liquidity pools determine trading costs - Why slippage occurs during swaps - Pool mechanics that affect your transaction fees Understanding these basics helps traders make better decisions when choosing protocols and timing trades.
rsETH Cross-Chain Price Feed AMA Announcement
KelpDAO announces an exclusive AMA session featuring eoracle network and TAC Build to discuss the technical infrastructure behind rsETH price feeds across multiple chains. The event follows rsETH's recent expansion to TAC as one of their first Liquid Restaking Tokens (LRTs). - **Date**: July 24, 2025 - **Time**: 1:00 PM UTC - **Focus**: Cross-chain price feed infrastructure - **Partners**: eoracle network, TAC Build Join to learn about the technical mechanisms ensuring accurate rsETH pricing across different blockchain networks.
Movement Labs Migrates rsETH-wETH Pool to Meridian Money
Movement Labs announces migration of rsETH-wETH liquidity pair from Liquidswap to Meridian Money's metastable pool. Liquidity providers must follow a 4-step process to maintain MOVE rewards: - Withdraw LP tokens from current Liquidswap vault - Break LP position into individual tokens - Deposit into Meridian metastable pool - Stake new LP tokens for MOVE rewards This update follows previous DeFi Spring Wave Two initiative that offered ~22% reward rates with $21M+ TVL for rsETH-WETH pairs. **Important Links:** - [Canopy Hub Withdrawal](https://app.canopyhub.xyz/explore?id=0xefa4b39d3cd87b5f24d53d4d54879c90787f282e05d701dfe66942378deeba61) - [New Staking Portal](https://app.canopyhub.xyz/explore?id=0x24b7a15cce2a31e7f9c09811f5596b6a1d3a84325a3f224f30f7cb16b7006307)
Pendle Finance's agETH Pool Reaches $7M TVL
The agETH pool on Pendle Finance has reached approximately $7M in Total Value Locked (TVL). Users can earn multiple reward streams: - 3.5x Kernel Points - Programmatic EIGEN rewards - Leveraged Restaking rewards **Pro Tip**: Enhance your rewards by utilizing YT, LP, and PT tokens within the agETH pool. Access the pool at [Pendle Finance](https://app.pendle.finance/trade/pools/0xbe8549a20257917a0a9ef8911daf18190a8842a4/zap/in?chain=ethereum)