As of April, the amount of ETH pledged in major LSD protocols has decreased by 380,000 coins
According to Golden Finance, the amount of ETH pledged in major liquidity collateralized derivative (LSD) agreements has decreased by 380,000 tokens since April. Based on DefiLlama data, as of April 1, 2024, these agreements held a total of 13.53 million ETH across 27 different DeFi platforms, which has now dropped to approximately 13.15 million ETH worth $41.5 billion. Fifteen days ago, Lido had pledged 9.65 million ETH, which has decreased to 9.39 million by Monday; Rocket Pool's pledged ETH remains at 1.13 million with no change; during the same period, Binance's ETH LSD agreement saw a slight decrease from 896,355 ETH to 896181ETH; Mantle's pledged ETH reduced from 508015 ETH to 502893 ETH
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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