ETH rates stayed pretty stable across DeFi. The Lido stETH rate is still sitting steady at ~5.5%. Interestingly, this now puts the ETH/stETH Curve/Convex stake rate solidly below the native stETH rate at only ~5%. That Convex pool hasn't seen a marked increase in TVL, more likely this is the result of a flagging LDO price as that pool is heavily reliant on LDO Incentives.
Weekly Interest Rate Roundup: Oct 25 - Nov 1
Weekly Interest Rate Roundup: Oct 25 - Nov 1
Weekly Interest Rate Roundup: Oct 25 - Nov 1
ETH rates stayed pretty stable across DeFi. The Lido stETH rate is still sitting steady at ~5.5%. Interestingly, this now puts the ETH/stETH Curve/Convex stake rate solidly below the native stETH rate at only ~5%. That Convex pool hasn't seen a marked increase in TVL, more likely this is the result of a flagging LDO price as that pool is heavily reliant on LDO Incentives.