Momentum

Coin

<ul class="news-points"> 
 <li><strong>Messari has identified a drop in the staking momentum of Curve Finance.</strong></li> 
 <li><strong>Curve Finance has also suffered a reduction in incentives and yield.</strong></li> 
 <li><strong>Messari revealed that Liquid staking protocols now use DEX liquidity pools for fast LST/ETH swaps.</strong></li> 
</ul> 
<p>Messari, a leading platform for providing market intelligence, has identified a drop in the staking momentum of Curve Finance. Messari noted via a Twitter post that Curve Finance has also suffered a reduction in incentives and yield, despite having a high Total Value Locked (TVL).</p> 
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   <p lang="en" dir="ltr">Liquid staking protocols use DEX liquidity pools for fast LST/ETH swaps.<a href="https://twitter.com/CurveFinance?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Curvefinance</a> lost momentum with reduced incentives and lower yields despite having high TVL.<br><br>To fill the void, specialized DEXs with lower capital requirements are becoming more popular. <a href="https://t.co/MKWX6XtITu" target="_blank" rel="nofollow">pic.twitter.com/MKWX6XtITu</a></p>— Messari (@MessariCrypto) <a href="https://twitter.com/MessariCrypto/status/1676380417212190720?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 5, 2023</a>
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<p>The market intelligence platform further revealed that liquid staking protocols now use decentralized exchanges (DEX) liquidity pools for fast LST/ETH swaps. As a result, DEXs with lower capital requirements are growing in popularity.</p> 
<p>A screenshot shared by Messari in the referenced tweet shows that from August 2022 to J…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/curve-finance-loses-staking-momentum-to-dexs-despite-high-tvl/">Curve Finance Loses Staking Momentum to DEXs Despite High TVL</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Curve Finance Loses Staking Momentum to DEXs Despite High TVL

Coin Edition

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