04:23
Viewpoint: stETH has the risk of decoupling, which may trigger the liquidation of lending protocols.
Analyst Ben Lilly pointed out that stETH is being withdrawn from Lido, and the lending protocol Figment may become a staking partner for the ETF. Currently, 32% of wstETH is used for collateral, and 278,000 wstETH are in a high-risk state, indicating a risk of liquidation.
STETH-2.33%