Solana liquid staking's top three LST market share has dropped to 68.7%, and the market structure is becoming more diverse.

DailyNews
SOL3,59%
X-0,29%
MSOL2,91%

Odaily Planet Daily News According to Tom Wan, a strategy analyst at 21.co, on-chain liquidity staking on Solana is booming:

  • The quarterly quarter-on-quarter increase in the liquidity collateralization ratio by 1.76%; -LST quantity reached 53, nearly doubled from the previous quarter; -The market landscape is becoming more diverse: the market share of the top three LST (jitoSOL, mSOL, bSOL) has decreased from 93% to 68.7%, and the market share of the top five LST has reached 84%. Its additional claim, Sanctum became a key catalyst, the launch of INF, Sanctum Router, and Sanctum Reserve lowered the barrier for users and laid the foundation for the explosion of on-chain liquid staking on Solana.
View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
GateUser-e02a88dbvip
· 2024-07-01 14:26
To Da Moon 🌕
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)