1 mo
According to DefiLlama, liquid staking protocols now have more total value locked (TVL) than decentralized exchanges (DEXs), as TVL on DEXs decreased by $1.66 billion while liquid staking protocols saw a $280 million increase from April 13 to May 1. Liquid staking solutions allow investors to earn staking rewards while maintaining liquidity, and their growing popularity suggests the demand for staking is increasing. This shift in TVL highlights the importance of keeping up with new DeFi innovations and solutions. https://cointelegraph.com/news/liquid-staking-solutions-now-have-more-tvl-than-dexs-defi-llama
