About Liquid Staking Derivatives
$LSD is a liquid staking aggregator protocol based on algorithms that detect and calculate the best possible solution for the highest APY. $LSD uses a proprietary smart contract to manage and automatically rebalance the portfolio to generate the best APY’s for its investors. Staking has to-date, offered and will likely continue to offer the most reliable yields in DeFi. Liquid staking - or the ability to stake ETH via swapping for a liquid asset, has emerged as the leader in this DeFi ecosystem. However investors must still contend with the difficulty of - evaluating yield (both in ETH and native tokens), choosing a protocol, and continually re-evaluating this over time. Enter $LSD. Simply put - users swap ETH for $LS-ETH, a wrapper around the $LSD Aggregator protocol - and our protocol will do the rest, ensuring the highest possible staked ETH yield across a multitude of liquid staking protocols via our proprietary smart contract.Custody of staked assets remains always with the user, which will aim to allow them to access that liquidity across the entire DeFi ecosystem.
Get up to $200 for getting started
Sign me up
Market Stats
Market Cap
Not enough data
FDV
$34,548.84
Circulating Supply
Not enough data
Max Supply
4,200,000 LSD
Total Supply
4,200,000 LSD
Diluted Valuation
$34,551.00
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$69,363.64
0.09%
Volume (7D)
$437,962.80
Volume (30D)
$1,893,751.66
All time high
$2.24
Overall Price Change (1Y)
-0.56%
Additional info about Liquid Staking Derivatives
Recent trends
The price of Liquid Staking Derivatives has decreased by 0.12% in the last hour and increased by 8.95% in the past 24 hours. Liquid Staking Derivatives’s price has also risen by 14.88% in the past week. The current price is $0.0082 per LSD with a 24-hour trading volume of $69.36K. Currently, Liquid Staking Derivatives is valued at 99.63% below its all time high of $2.24. This all-time high was the highest price paid for Liquid Staking Derivatives since its launch. The current circulating supply of Liquid Staking Derivatives is 0 LSD which means that Liquid Staking Derivatives has as total market cap of $0.00.
Market details
LSD vs markets
↘ 62.03%
LSD vs BTC
↘ 65.65%
LSD vs ETH
↘ 11.05%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x97D4F49eEb0E2c96d5EbAA71AB8418e563ecd9fd |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0082 | ↗ 8.95% |
1 Day | $0.0075 | ↗ 8.95% |
1 Week | $0.0072 | ↗ 14.88% |
1 Month | $0.0085 | ↘ 3.19% |
1 Year | $0.0185 | ↘ 55.51% |
FAQ
Liquid Staking Derivatives (LSD) is a protocol that aims to provide the benefits of staking in the cryptocurrency space while maintaining the liquidity of your assets. In traditional staking, your funds are locked and cannot be used for anything during the lock-up period. LSD, however, returns your liquidity via a derivative token, allowing you to continue receiving compensation while also having the flexibility to participate in other decentralized finance (DeFi) activities. The LSD protocol operates similarly to a management group for liquid staking technology, dispersing your funds into liquid staking protocols via automated proprietary smart contracts that aim to analyze and review the potential yield options available.
The LSD protocol works by acting as a middleman to disperse your funds into liquid staking protocols. This is done through automated proprietary smart contracts that aim to analyze and review the potential yield options available. When you stake your assets, you receive a derivative token in return, which represents your staked assets and can be used in other DeFi applications. This process allows you to receive compensation from staking while maintaining the liquidity of your assets. The LSD protocol's primary focus is on retaining the decentralization of the Ethereum network while innovating on top of existing liquid staking protocols.
The potential use cases for LSD are numerous. Firstly, it aims to provide a stable compensation while allowing you to stay liquid. This means you can continue to receive compensation from your staked assets while also having the flexibility to participate in other DeFi activities. Secondly, LSD seeks to increase the security of the blockchain and protect it from centralization risks. This is achieved by dispersing staked funds across multiple protocols, reducing the risk of a single protocol or platform controlling a majority of the staked supply. Lastly, LSD can be used as a tool for portfolio management, with the protocol automatically dispersing funds into liquid staking protocols that offer potential yield.
The concept of Liquid Staking Derivatives emerged from the evolution of DeFi and compensation opportunities, resulting in the development of liquid staking on the Ethereum network. The LSD protocol was created with the aim of retaining the decentralization of the Ethereum network while innovating on top of existing liquid staking protocols. The protocol's primary focus is on Ethereum, especially with the Shanghai upgrade, which is expected to drastically increase staking ratios of the total circulating Ethereum supply. The LSD protocol aims to provide a platform to manage, implement, and innovate on these services, with the goal of facilitating increased participation while decreasing the likelihood that a single entity maintains a majority stake in the network.
We update our Liquid Staking Derivatives to USD currency in real-time. Get the live price of Liquid Staking Derivatives on Coinbase.
The current market cap of Liquid Staking Derivatives is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Liquid Staking Derivatives is $2.24. This all-time high is highest price paid for Liquid Staking Derivatives since it was launched.
Over the last 24 hours, the trading volume of Liquid Staking Derivatives is $69.36K.
Assets that have a similar market cap to Liquid Staking Derivatives include Abyss World, Monsoon Finance, Astroon, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Liquid Staking Derivatives is 0.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Liquid Staking Derivatives news
Social stats
Popularity in posts
#4875
Contributors
5
Posts
10
% About Liquid Staking Derivatives
0.001%
Hold times
0 days
X (Twitter)
100% bullish
Sentiment
5.0 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
5 unique individuals are talking about Liquid Staking Derivatives and it is ranked #4,875 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Liquid Staking Derivatives has an average sentiment score of 100 out of 5. Finally, Liquid Staking Derivatives is becoming less newsworthy, with 0 news articles published about Liquid Staking Derivatives.
On Twitter, people are mostly bullish about Liquid Staking Derivatives. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Liquid Staking Derivatives. 0% of tweets were neutral about Liquid Staking Derivatives. These sentiments are based on 10 tweets.
On Reddit, Liquid Staking Derivatives was mentioned in 0 Reddit posts and there were 0 comments about Liquid Staking Derivatives. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Liquid Staking Derivatives calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.