EtherFi has restructured its weETH token by removing all restaking exposure, making it a pure liquid staking token (LST). This change aims to eliminate bundled risks associated with liquid restaking, which has faced security challenges such as major DeFi hacks and regulatory clean-ups. Despite a shrinking liquid restaking market, EtherFi still controls about half of it with $11.4 billion in locked value. Analysts view this move as a significant shift in the DeFi space, signaling a cautious approach to risk amid evolving market conditions and security frameworks.
Avalanche's AVAX price surged nearly 50% in a week, reaching an eight-month high of $10.82, driven by institutional interest and tokenization projects. Major catalysts include Intercontinental Exchange's ongoing testing of Avalanche for tokenized US ...
Aave's new lending market on the Arc network has attracted nearly $125 million in USDC deposits, but borrowers have taken out less than $600,000, leaving over 99% of the funds unused. This low borrowing demand means depositors earn almost no interest...
