Odaily reports that Echo Protocol has announced it will gradually terminate protocol operations due to business adjustments. The lending protocol has stopped accepting new deposits, new borrows, and interest accrual, and the strategy and LSD businesses have also stopped accepting new deposits and new staking. The protocol has now opened channels for repayment, withdrawal, and asset liquidation. Borrowers must complete repayment by November 14, 2026, otherwise their collateral will be liquidated; 23:59 (UTC) on November 19, 2026 is the final deadline for repayment, withdrawal, and unstaking. After that, Echo Protocol will officially cease operations, and remaining positions will enter the final liquidation and settlement process, with only the Aptos-to-B² cross-chain bridge redemption service retained.

Odaily News Bitget will launch Haedal Protocol (HAEDAL) in the Innovation Zone, LSD Zone, and DeFi Zone. The deposit channel is now open, and the trading channel will be open at 20:00 (UTC+8) on April 29. In addition, you can participate in the CandyBomb special event and top up to share 667,000 HAEDAL. The event is open from 20:00 on April 29 to 20:00 on May 6 (UTC+8).

Odaily News Bitget will launch MilkyWay (MILK) in the Innovation Zone, DeFi Zone and LSD Zone. The deposit channel is now open, and the trading channel will be open at 18:00 (UTC+8) on April 29. In addition, you can participate in the CandyBomb special event and top up to share 1,931,000 MILK. The event is open from 18:00 on April 29 to 18:00 on May 6 (UTC+8).

Odaily News According to the official announcement, Binance Wallet will launch FHE TGE from 19:00 to 20:00 on April 10th, Beijing time.

Odaily News According to the official announcement, Bitget will launch StakeStone (STO) in the Innovation Zone, DeFi Zone and LSD Zone. The deposit channel is now open, and the trading channel will be open at 18:30 (UTC+8) on April 3. StakeStone is a decentralized full-chain liquidity infrastructure protocol that aims to change the way liquidity is acquired, distributed and utilized in various blockchain ecosystems.

Odaily News According to official news, Bitget will launch StakeStone (STO) in the Innovation Zone, DeFi Zone, and LSD Zone. Deposits are open and trading will be open on April 3, 2025.

Odaily News Web3 wallet Bitget Wallet officially launched the industry's first "holding coins to earn interest" LSD financial management area, which supports users to earn on-chain income while maintaining asset liquidity. LSD (liquidity staking derivatives) is a tradable token obtained by users after staking assets to the DeFi protocol. The token can continue to enjoy staking income and participate in transactions or other on-chain operations, effectively improving the utilization rate of funds and breaking the limitation of traditional staking that requires lock-up. The first phase of products covers mainstream public chain ecosystems such as Ethereum, Solana and BNB Chain, and aggregates four LSD financial products, sUSDe, USDY, sUSDS and JitoSOL, with an annualized rate of return between 4% and 8%. The product upgrade of Bitget Wallet marks the entry of on-chain financial services into the stage of enhanced returns. In the future, it will also expand support for more public chain ecosystems such as Tron, Base, Sonic and Sui, and continue to improve the efficiency of on-chain funds.

Odaily News The Block data shows that the current ETH pledge ratio has dropped to 27%, falling back to the level of July 2024. This is the first trend decline since the peak of 29% at the end of 2024, and the first decline since staking became popular in May 2023. Liquidity staking derivatives (LSD) continue to dominate the Ethereum staking ecosystem. Lido remains the dominant liquidity staking protocol, controlling about 69% of the LSD market. Binance's pledged ETH ranks second with a market share of about 15%, indicating a high degree of concentration among major providers. While Ethereum continues to serve as a key infrastructure for DeFi and NFTs, market attention has recently shifted to other protocols and ecosystems. This trend may reflect investors seeking to achieve higher returns in other ecosystems and protocols, or reducing their staked positions to participate in other market opportunities.

Odaily星球日报讯 2024 年 10 月，锁定在流动性质押平台中的 ETH 数量突破 1400 万枚，然而目前这些协议中持有的 ETH 总量已低于 11 月底的记录水平（1385 万枚 ETH）。截至 2025 年 1 月 5 日，仍有约 1378 万枚 ETH 被锁定在流动性质押平台中，自 11 月底以来减少 7 万枚。其中，Lido 占据主导地位，占比 69.96%（持有 964 万枚质押 ETH，价值 349 亿美元）。然而，Lido 上质押 ETH 自 2024 年 11 月 30 日以来下降了 16 万枚，当时曾质押 980 万枚 ETH。与此同时，币安的流动性质押平台在过去 36 天内新增 15 万枚 ETH；Rocket Pool 经历了持续的资金外流，从 10 月 29 日到 11 月底流失了 479,374 枚 ETH，在过去 36 天内再度减少 7,743 枚 ETH。目前这些 LSD 平台锁定的 1378 万枚 ETH 占 ETH 流通供应量（120,474,080 枚）的 11.44%。（Bitcoin.com）

Odaily News On November 26, according to SoSoValue data, the overall crypto market sector slightly pulled back, but ETH and LSDFi sectors rose against the trend, with increases of 2.8% and 5.57% in 24 hours. It is worth noting that Lido DAO (LDO) rose 13.76% and Rocket Pool (RPL) rose 10.90%. In addition, the SocialFi sector rose 1.97%, the Layer2 sector rose 1.86%, the DeFi sector rose 1.54%, and the DePIN sector rose 1.20%.