Since the end of November last year, the holdings of ETH by liquid collateral platforms have decreased by 70000, of which Lido has decreased by 160000
Jan 06, 2025 00:53
Odaily Planet Daily News: In October 2024, the number of ETH locked in liquid collateral platforms exceeded 14 million. However, the total amount of ETH held in these protocols is currently below the record level at the end of November (13.85 million ETH).
As of January 5, 2025, there are still approximately 13.78 million ETH locked in liquid collateral platforms, a decrease of 70000 since the end of November. Among them, Lido holds a dominant position, accounting for 69.96% (holding 9.64 million pledged ETH worth $34.9 billion).
However, the amount of ETH pledged on Lido has decreased by 160000 since November 30, 2024, when 9.8 million ETH were previously pledged. Meanwhile, Binance's liquidity collateral platform has added 150000 ETH in the past 36 days; Rocket Pool has experienced a continuous outflow of funds, losing 479374 ETH from October 29th to the end of November, and a further decrease of 7743 ETH in the past 36 days.
At present, the 13.78 million ETH locked in by these LSD platforms account for 11.44% of the circulating supply of ETH (120474080 ETH). ((Bitcoin.com))
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