Ethereum Liquid Restaking TVL Surges by Reaching $17B in 2024

Quick Summary:

The Total Value Locked (TVL) has surged from $284 million at the start of the year to $17.26 billion by mid-December.

Liquid restaking on Ethereum has witnessed explosive growth in 2024.

This remarkable 6,000% increase underscores the growing demand for staked asset utility and capital efficiency in decentralized finance (DeFi).

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: ETH Restaking Ethereum News ETHEREUM

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 13:25:33 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 290 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24419466

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 16 hours ago

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