LSDFi, short for liquid staking derivatives finance, refers to DeFi activity built on top of liquid staking tokens such as stETH and similar ETH staking receipts. The core idea is that users can stake ETH, keep a tradable token that represents the staked position, and then deploy that token in lending, borrowing, yield, or leveraged strategies instead of leaving capital idle. The story behind an “LSDFi Summer Map” is therefore a snapshot of a fast-growing ETH staking ecosystem, not just a single product. Liquid staking became a major part of Ethereum staking after the Beacon Chain and especially after Shapella, and research and market reports show that LSD protocols captured a large share of staked ETH while spawning a separate LSDFi layer of protocols such as Pendle, Lybra, and EigenLayer. A repository or map of all ETH liquid staking options matters because the sector is fragmented across centralized and decentralized providers, each with different fees, yields, and risk profiles, and because these tokens are increasingly used as collateral and composable building blocks across DeFi.

AI-generated background, compiled from web sources — not editorial content.

More coverage

Explore the topic

More on $ETH

Lido begins migrating $16.5B in staked ETH to a new architecture, reducing validator count by one-third while introducing bonded requirements for node operators

Lido begins migrating $16.5B in staked ETH to a new architecture, reducing validator count by one-third while introducing bonded requirements for node operators

Coindesk ·

Developer Steve announced departure from Abstract Chain, the Ethereum Layer-2 from Igloo Inc. creators of Pudgy Penguins.

Developer Steve announced departure from Abstract Chain, the Ethereum Layer-2 from Igloo Inc. creators of Pudgy Penguins.

𝕏/@coffeedev ·

Lido probes stETH oracle as 32 ETH deposit omission cuts daily rebase APR from 2.15% to 2.04%; funds remain safe

Lido probes stETH oracle as 32 ETH deposit omission cuts daily rebase APR from 2.15% to 2.04%; funds remain safe

𝕏/@LidoFinance ·

Over the past three weeks, Ether ETFs have attracted nearly as much capital as Bitcoin ETFs despite managing only about one-eighth the assets

Over the past three weeks, Ether ETFs have attracted nearly as much capital as Bitcoin ETFs despite managing only about one-eighth the assets

𝕏/@fintechfrank ·

Drift's $285M exploiter moves stolen funds through Tornado Cash in rapid 100 $ETH deposits after three-month dormancy

Drift's $285M exploiter moves stolen funds through Tornado Cash in rapid 100 $ETH deposits after three-month dormancy

𝕏/@OnchainLens ·

Verus Ethereum bridge drained of $7.5 million in exploit via import function

Verus Ethereum bridge drained of $7.5 million in exploit via import function

𝕏/@blockaid_ ·

Explore the full feed

Comments

Up nextSecuritize Capital secures SEC investment adviser registration after operating as exempt reporting adviser