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Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.
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- 09:46Insider: Kanye West plans to issue YZY tokens, personally obtaining a 70% shareChainCatcher reports, according to CoinDesk, that renowned rapper Kanye West plans to launch a cryptocurrency token YZY. As revealed by three insiders of the project, in the token distribution scheme, Kanye himself will receive 70% share, liquidity supply accounts for 10%, and investors account for 20%. The project information was disclosed by Yeezy's Chief Financial Officer Hussein Lalani via email. The YZY token will serve as the official currency of the Yeezy brand and can be used for payments on its website. This move is seen as an evasion from platforms like Shopify that have severed cooperation due to his controversial remarks. The project was originally scheduled to go on sale at 6 pm on February 21st on the Yeezy website but has been postponed until February 22nd. Insiders say that the delay is related to an incident involving Argentine President Milei's associated tokens.
- 09:42In the past 1 hour, $105 million has been liquidated across the entire network, mainly short positionsPANews reported on February 21 that data from Coinglass shows that in the past hour, a total of $105 million has been liquidated across the network. Of this amount, short positions accounted for $101 million and long positions accounted for $4.2254 million.
- 09:14SOL tokens worth 130 million dollars have been transferred to a new addressGolden Finance reports, according to ARKHAM monitoring data, a batch of SOL tokens worth 130 million US dollars has just been transferred to a new address. These SOL tokens mainly come from the exchange's hot wallet and two other unmarked addresses.