Opinion: stETH Faces Depegging Risk, Potentially Triggering Liquidation Across Lending Protocols
By: theblockbeats.news|2025/08/15 04:31:32
BlockBeats News, August 15th, Jlabs Digital analyst Ben Lilly pointed out that currently stETH is being redeemed from Lido. Meanwhile, another lending protocol, Figment, is capturing Lido's market share, indicating that Figment may be the ETF's staking partner. 32% of stETH (wstETH) is being used as collateral for the lending protocol, and the decoupling may signal a liquidation event for the lending protocol.
It is worth noting that currently, 278,000 wstETH is in a "high-risk" state (high-risk defined as a health factor between 1-1.1 times).
Over 788,000 ETH is currently queued to exit the Ethereum PoS network, setting a new record.
Hong Kong's Securities and Futures Commission Clarifies Robust Custodial Standards to Safeguard Customer Virtual Assets
You may also like
Share
Gainers
Latest Crypto News
11:48
Animoca Brands is planning to go public on Nasdaq through a reverse merger.
11:48
Decentralized Exchange Ant.fun Officially Launches "Ecosystem Boost Plan"
11:18
Hasu: Balancer v2 Exploit Incident Could Set DeFi Adoption Back 6-12 Months
10:48
Bitcoin Mining Firm Cango mined approximately 602.6 Bitcoins in October, bringing its total holdings to 6412.6 Bitcoins
10:48
Berachain: Network Coordinated Pause for Emergency Hard Fork to Address Balancer V2-Related Vulnerability on BEX
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com