Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork – Defi Bitcoin News

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Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork – Defi Bitcoin News
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Since March 14, 2023, a total of 281,498 ethereum worth $592 million has been added to these liquid staking protocols. DeFi

Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have been added to these protocols.As of April 15, 2023, there’sAround $16.96 billion or 31% of today’s defi TVL is in staked ether.

For instance, Lido’s TVL has grown by 18.02% over the past 30 days; Coinbase’s liquid staking protocol has risen by 16.51% within the same period. Rocketpool’s TVL has surged by 22.48%, while Stakewise has expanded by 15.83%.

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