HashKey Capital Forecasts Liquid Staking Derivatives Will Become Most Dominant Segment In DeFi
Singapore - HashKey Capital , one of the largest and most prominent crypto funds based in Asia, has published the results of its annual report on DeFi’s Liquid Staking Derivatives market.
- Singapore - HashKey Capital , one of the largest and most prominent crypto funds based in Asia, has published the results of its annual report on DeFi’s Liquid Staking Derivatives market.
- Ethereum’s Shanghai Upgrade was the biggest change to DeFi’s most dominant network since it underwent the Merge in 2022, moving to a proof-of-stake consensus mechanism.
- At the same time, HashKey found that the average monthly staking inflow for ETH more than quadrupled in value since Shanghai was launched.
- Eventually, it will flip decentralized exchanges in terms of TVL and grow to become the most dominant sector of DeFI, HashKey believes.