Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
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The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has seen a surge in growth this year as Ether (
Over the past two weeks, Ethereum proponents have cheered on the rise of LSDFi platform Diva, which they say is carrying out a “vampire attack” on Lido, enticing users and liquidity from Lido by offering higher incentives.
The Diva vampire attack on Lido is picking up steam
Over 11k Steth deposited into making number go down https://t.co/L6uITU3Bdq pic.twitter.com/vtzVXdKypD
— Evan Van Ness (@evan_van_ness) October 13, 2023
Diva offers token rewards to stakers that lock up their ETH and Lido staked ETH (stETH) for divETH. Since the beginning of October, Diva’s TVL has surged 650% to 15,386 stETH valued at around $24 million, according to Divascan.
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