Liquid Staking on Ethereum Explodes—TVL to Explode From $284M to $17B by 2024

Key Takeaways:


  • What is Liquid Staking and Why is it so exciting? Liquid Staking allows you to get maximum value from your already-staked assets for extra yield and security across several networks.

  • TVL for liquid restaking on Ethereum has skyrocketed close to 60 times in 2024 alone, from $284 million to $17 billion.

  • While liquid staking offers amazing potential for profits, it comes with risks like price volatility and network security vulnerabilities.

  • Why is Liquid Restaking Driving the Frenzy?


    To understand liquid restaking, one first has to distinguish it from liquid staking.


  • Liquid staking allows you to lock your assets (e.g., ETH) and receive representative tokens (e.g., ..

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