X @Token Terminal ๐
Token Terminal ๐ยท2026-01-30 10:44
RT DeFi Andree (@DeFi_Andree)Lido is the cleanest case of protocol adoption outperforming token price in DeFi.Assets staked are near all time highs at $28.6B while $LDO is still down over 90% from the 2021 peak.So what is the market pricing-----1) stETH is already infrastructurestETH and wstETH are embedded as default collateral across DeFi.wstETH sits among the largest collateral assets on @aave.2) The real moat is liquidity under stressLSTs have one test: can you exit size without a sustained peg break or ...