🚀Liquid Restaking Roars Past $1.2B As Puffer Adds $200M To TVL

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Liquid restaking continues to grow as the hottest new narrative in DeFi, with the sector's TVL surging past $1.2B after Puffer Finance amassed $200M in one day after opening deposits. In related news, Stride, the Cosmos-based liquid staking protocol, announced plans to bring liquid staking to Celestia.

Plus, Polygon has downsized its team by 60 staff, Superstate is the latest project to get in on tokenized treasuries, and active dApp users jumped to a multi-year high in January.

✍️ In today’s newsletter:

Liquid restaking tops $1.2B after Puffer launch
Stride announces LST for Celestia
Polygon downsizes by 21.5%
Superstate tokenizes U.S. treasuries on Ethereum
Active dApp users jumps to 5.3M

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Vertex Protocol Sees Growth Amidst Arbitrum’s STIP

🎬 WATCH

Check out our discussion with Tina and Teddy to learn more about EigenLayer, the pioneering Ethereum restaking protocol. Also watch our podcast with Mustafa Al-Bassam, CEO and Co-Founder of Celestia Labs, to learn more about modular blockchain architecture and data availability.

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