On-chain data shows that 640,000 ETH worth just over $1 billion was added to the liquid pledged derivatives platform in the past 20 days.
As of September 15, 2023, the number of Ethereums pledged in such protocols has reached nearly 12 million.
Among the 23 different liquidity staking protocols, the top five TVL protocols all recorded 30-day increases, and Lido’s 30-day increase was approximately 6.32%.
Coinbase’s liquidity staking protocol has increased by 5.57% in 30 days, Rocket Pool has increased by 5.91% from the previous month, Binance’s liquidity staking derivatives platform has increased by as much as 377%, and the fifth place is Frax, which has increased in 30 days 3.73%.