
Ethereum turns deflationary amid weekend market rally
Ethereum (ETH) issuance turned deflationary over the weekend amid a market-wide rally that saw it trade near pre-FTX collapse levels.
Get the latest DeFi news on lending, DEXs, liquid staking, yield strategies, governance, and the protocols driving on-chain finance.

Hydra shut down and monthly inflows to Tornado Cash dropped by 68% following sanctions. But Garantex saw monthly inflows more than double.

Curve's 3pool dashboard shows that USDT accounted for 32.6% of the reserve while USDC made up 35.37%, and DAI with 32.02%, as of press time.

Cardano's DeFi TVL has risen by around 20% to $65.91 million, while ADA surged by over 15% to $0.32 as of press time.

A strong trading narrative is around liquid staking tokens because of the possibility of staked Ethereum unlock in March.

Avraham Eisenberg has been remanded to the custody of the U.S. Attorney, who will oversee his imprisonment pending trials.

CryptoSlate data shows that Lido's native token is up by over 17% in the last 24 hours to $1.16 as of press time.