#liquid staking

➤ Anchorage Digital has integrated Lido's liquid staking protocol, allowing institutional clients direct access to wstETH. ➤ This integration enables institutions to gain liquid Ethereum exposure while utilizing Anchorage's custody and governance controls. ➤ The move aims to boost Lido's revenues, which declined in the previous year, by providing institutional access to its liquid staking token.

➤ Raiku has launched $rkuSOL, the first liquid staking token on Solana, in partnership with Exponent, Loopscale, Sanctum, and Kamino. ➤ $rkuSOL offers validators a unique revenue stream by enabling them to sell blockspace through Raiku's Just-in-Time (JIT) and Ahead-of-Time (AOT) auctions, in addition to traditional staking yields. ➤ This innovation aims to boost validator revenue and attract institutional adoption by merging auction-based blockspace earnings with staking rewards, providing holders with autocompounding yields and instant liquidity.

➤ Ethereum's staking ratio has increased to 31% despite a 26% year-to-date price drop, indicating strong holder confidence and reduced circulating supply. ➤ Liquid staking platforms like Lido are making it easier for retail and institutional investors to stake ETH, contributing to the trend. ➤ The article highlights the ongoing importance of Ethereum as a base layer for DeFi, Layer 2 networks, and tokenized real-world assets, with potential future catalysts including spot ETH ETFs and increased institutional capital.

➤ Despite a 26% year-to-date decline in ETH price, Ethereum's staking ratio has increased to nearly 31%, indicating long-term holder confidence and reduced liquid supply. ➤ Institutional interest in Ethereum infrastructure, including tokenized assets and RWA settlement, is growing, with initiatives like staking rewards integrated into ETFs. ➤ The rising staking ratio strengthens network security and fuels a 'supply squeeze' narrative, with analysts suggesting long-term valuation may depend more on institutional capital than retail speculation.

➤ Volo Protocol, a liquid staking platform on the Sui blockchain, experienced an exploit resulting in a loss of approximately $3.5 million from its WBTC, XAUm, and USDC vaults. ➤ The protocol has frozen $500,000 of the exploited assets and stated its intention to absorb the loss without impacting users, while other vaults remain secure. ➤ This incident follows other recent exploits in the DeFi space, highlighting ongoing security challenges and the need for robust risk management in tokenized asset platforms.