Liquid restaking tokens are derivative digital assets issued to users who deposit their staked cryptocurrencies into a restaking protocol. When users lock their assets to secure multiple networks through restaking, those underlying funds become illiquid and cannot be used elsewhere in decentralized finance. To solve this, protocols issue liquid restaking tokens as a receipt representing the user's initial deposit plus any accrued restaking rewards. These receipt tokens can then be freely traded, used as collateral for loans, or deployed into other yield-generating decentralized applications. This mechanism works by combining the capital efficiency of restaking with the operational flexibility of liquid staking derivatives. They allow investors to maximize their earning potential across the broader decentralized finance ecosystem without sacrificing the shared security they provide to emerging networks.
According to a new report from Galaxy Research, the 31% quarter-over-quarter surge in capital was primarily driven by later-stage financings, even as fund managers faced a challenging fundraising environment for new venture funds.
Senate Republicans have released a revised 630-page draft of the Clarity Act cryptocurrency legislation ahead of a critical September 15…
PONS has captured an all-time high 82.5% market share among Robinhood Chain launchpads despite facing revenue competition from Solana's Stonk…
The venture capital arm of Nasdaq has made a $100 million investment in Payward, the parent company of cryptocurrency exchange Kraken.
Solana-based token launchpad Pump.fun has expanded beyond its traditional reliance on SOL and USDC by introducing Custom Pairs.
Robinhood is acquiring minority equity stakes aligned with Crypto.com’s $20 billion valuation to bolster its rapidly growing prediction markets hub.
Polymarket crossed a one billion dollar annualized revenue milestone following major sports league partnerships, yet twenty states are actively litigating to shut down prediction platforms as…
SkyBridge Capital founder Anthony Scaramucci envisions a future where mainstream crypto adoption becomes functionally invisible, operating as underlying settlement rails behind familiar apps, credit cards, and…
Uniswap Labs has officially launched Pools.trade on Robinhood Chain, expanding its footprint from secondary trading to primary token creation through automated Uniswap v4 liquidity pools.
Circle Internet Group has announced a heavyweight cohort of founding validators, including BlackRock, DTCC, Visa, and Mastercard, to secure Arc, an open blockchain network set for…