Lido TVL and AaveAave V3 wstETH pool see significant growth
On February 21, Dune data showed that Lido TVL rose 11.89% in the past week due to the rise of ETH prices and the influx of new deposits, and is currently at U…
On February 21, Dune data showed that Lido TVL rose 11.89% in the past week due to the rise of ETH prices and the influx of new deposits, and is currently at US $8.44 billion; Lido accounts for 44.8% of the weekly new ETH deposits; The AaveAave V3 wstETH pool gained 33.2% growth.
Data: Lido TVL rose 11.89% in the past week
Interpretation of the news:
The message provided reveals two significant developments in the world of cryptocurrencies. Firstly, Lido TVL, which stands for “total value locked,” has seen a notable rise of 11.89% over the past week. This growth is attributed to two main factors – the rise of ETH prices and the influx of new deposits. Lido currently has a TVL of US $8.44 billion, making up a substantial portion of the overall value of cryptocurrency investments.
Secondly, the AaveAave V3 wstETH pool has experienced a 33.2% growth. The Aave platform is built on the Ethereum blockchain and allows users to access a range of lending and borrowing services. The wstETH pool on AaveAave V3, which allows users to deposit and earn interest on their ETH holdings, has seen significant adoption in recent times due to the growth of decentralized finance (DeFi) applications.
This message underlines the importance of ETH prices and new deposits in influencing the value of cryptocurrency investments, especially in the current market climate. Growing interest in DeFi applications and the emergence of liquidity pools are also fueling the growth of cryptocurrency investments.
In summary, the message shows the crypto space’s continual growth, highlighting the significant gains Lido TVL and AaveAave V3 wstETH pool have experienced in recent times. It is also a testament to the power of DeFi, emphasizing the increasing adoption of DeFi protocols as a critical factor in driving industry growth.
Keywords such as Lido TVL, AaveAave V3 wstETH Pool, ETH prices, new deposits, and growth reveal the central themes of the message, demonstrating the evolving nature of crypto investments and the market environment. Overall, the news provides investors with valuable insights, enabling them to make informed decisions in this nascent but rapidly developing industry.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/2134/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Cross Chain DeFi Platform SpaceFi Announces TVL Exceeding $10 Million
On April 11th, according to official news, SpaceFi, a cross chain DeFi platform based on Evmos and zkSync, announced that its TVL had exceeded $10 million.
Cross chain DeFi platfor -
BNB Chain is expected to launch the Planck hard fork upgrade on April 12, 2023
On April 5th, according to official news, BNB Chain will conduct a hard fork upgrade with the code name Planck at a block height of 27281024. Based on the current network block out
-
7:00-12:00: A Recap of Today’s Big News in Tech and Finance
7: 00-12:00 Keywords: Coinbase, Twitter downsizing, Starbucks NFT, Bank of England
Summary of important updates during the afternoon on April 18th
In this article, we will take a l -
Building a Parallel Sequencer: Improving the Performance of Ethereum-based Projects
On April 8th, according to official sources, ABCDE Capital released the open-source parallel Sequencer validation project paraSequencer, aiming to improve the performance of Geth b
-
It is reported that today’s panic and greed index is 63 (yesterday’s 61), with a decrease in the level of greed compared to yesterday, and the rating remains greed.
It is reported that today\’s panic and greed index is 63 (yesterday\’s 61), with a decrease in the level of greed compared to yesterday, and the rating remains greed. Note: The panic
-
TRONSCAN Reports Record High of Over 150 Million TRON Accounts in Wave Field
According to official news, on April 3, 2023, the latest data from TRONSCAN showed that the total number of TRON accounts in the wave field reached 150379816, officially exceeding
-
Bank of England’s Concerns on Supervision of New Payment Technologies
It is reported that Ben Broadbent, the deputy governor of the Bank of England in charge of monetary policy, said that the Bank of England is most concerned abo…
-
Aave Community Proposes Freezing BUSD Reserves in Aave V2 Market
On February 13, the Aave community launched a proposal aimed at freezing the BUSD reserves in the Aave V2 Ethereum market. The proposal believed that the circu…
-
What is the tezos token called (stratos token)?
What is the tezos token called? According to official sources, the tezos token i
-
Pantos Launches Beta Version for Token Deployment on Multiple Blockchain Networks
It is reported that Pantos is an encryption protocol designed to allow tokens to be deployed on multiple blockchain networks. It said that its beta version has…
-
OKB Breaks Through $50 Mark with 4.32% Daily Increase
According to reports, the market shows that OKB has broken through $50 and is currently reported at $50.26, with a daily increase of 4.32%. The market is volatile, so please do a good job of risk control. OKB breaks through $50 Analysis based on this information:According to recent reports, OKB has broken through the $50 mark and is currently reported at $50.26 with a daily increase of 4.32%. This development is significant for OKB, as it is a clear indication that the coin’s value is steadily increasing in the market. Investors are taking note of this development, and experts believe that the price can continue to rise over time. The current market volatility is a major concern for investors, as the price of cryptocurrencies can fluctuate drastically over a short period. Cryptocurrency investors are well aware of the risks associated with trading in digital assets, and they depend on accurate information and analysis to make the right investment decisions. Therefore,…
-
DeFi Development Platform DX25 Labs Secures Seed Round Financing
It is reported that the DeFi development platform DX25 Labs completed a seed round financing of US $750000. It is reported that DX25 Labs is the DeFi developme…
-
Bitcoin Has a Limit, Why Can it Still Be Mined? (What Problem Does the Limit of Bitcoin Exist to Avoid?)
Bitcoin has a limit, why can it still be mined? Editor\’s note: This article is f
-
Asia’s Impact on Bitcoin: What Happens When Asia Wakes Up?
According to reports, cryptocurrency analyst Joseph Young said on social media that Asia has not driven a rebound in Bitcoin. Trading volume between South Korea and China is very l
-
Why do coins vote (why can voting be bought with money)?
Why do coins vote? According to an official Weibo post by Binance, nearly a hun
-
Upbit Exchange adds Token Price Alerts: What You Need to Know
On April 25th, it was reported that Upbit, a cryptocurrency exchange, has added alerts for token prices, including price fluctuation alerts (such as rapid price fluctuations compar