Market Analysis

With its solution for staking opportunities on Ethereum’s Shanghai upgrade, the LSD protocol has achieved remarkable growth in TVL, trailing only lending protocols and DEXs. It is expected to fuel even greater demand for shares after the Shanghai upgrade, driving up the potential TVL of the EtherKEY protocol ecosystem. Although the demand is already present, the adoption of DeFi strategies is still in its early stages of development. It can be seen that the ecosystem and the various ecosystems within it are poised for continued growth.