ChainCatcher news, according to SolanaFloor monitoring, the total market capitalization of Solana liquid staking tokens (LSTs) has surpassed $5 billion, setting a new historical high. The top three LSTs by market capitalization are: JitoSOL at 43.6%, mSOL at 17.1%, and jupSOL at 12.1%.

ChainCatcher news, Cosmos Hub supports the "Liquid Staking Module (LSM)" proposal. The officials stated that due to the initial LSM proposal having editing contributions from North Korean IT personnel, Informalinc and ATOM Accelerator are conducting a third-party audit of LSM and have postponed the Hydro project originally scheduled to launch this week. Hydro is an upcoming liquidity allocation platform developed by Informal Systems for the Hub, which uses LSM to allow ATOM stakers to participate in the voting process without having to unbond, forfeit staking rewards, or favor any single liquid staking provider.

ChainCatcher news, Binance Labs announced an investment in the Bitcoin liquid staking platform Lombard. Jacob Phillips, co-founder and strategic director of Lombard, declined to disclose the valuation in the latest funding round but noted that the startup's total funding is currently around $17 million, up from $16 million in the seed round four months ago, indicating that Binance Labs' investment is approximately $1 million.According to RootData, Lombard was founded in April 2024 and is dedicated to unlocking the potential of Bitcoin as a dynamic financial tool by connecting Bitcoin with DeFi. Lombard enables yield-generating BTC to move across chains without fragmenting liquidity, paving the way to become the largest catalyst for bringing net new capital into DeFi. Its flagship product, LBTC, is a yield-bearing, cross-chain, highly liquid Bitcoin backed 1:1 by BTC.

ChainCatcher message, Cosmos ecosystem software development company All in Bits stated that it has discovered serious security issues with the Liquidity Staking Module (LSM) of Cosmos Hub, including that most of the LSM code was written by North Korean agents; LSM is not an independent module but a set of modifications to the existing staking, allocation, and slashing modules, which may affect all staked ATOM; vulnerabilities that allow slashing evasion still exist; 19 months of code changes have not been audited; significant misrepresentation by Zaki Manian and Iqlusion; lack of transparency from ICF, Stride Labs, and informal systems.All in Bits recommends immediate fixes for the major staking vulnerabilities in LSM; an immediate and comprehensive audit of LSM; full disclosure of the investigation timeline involving North Korean agents; blacklisting of ICF stakeholders; new audit and oversight agreements for ICF-funded projects.

ChainCatcher news, Swell Network announced that users can now check their eligibility for receiving SWELL tokens through its platform and encourages users to collect "White Pearls".In addition, Swell also introduced the re-staking feature for SWELL tokens, allowing users to stake their tokens as rSWELL to help secure the Swell L2 network.

According to ChainCatcher news, the official announcement states that the AirDAO infrastructure development plan has been completed, and the AirDAO liquid staking platform Harbor has officially launched. As the first liquid staking platform on AirDAO, users can stake AMB and participate in liquidity pools, earning up to 25% annualized yield. The launch of the Harbor platform lays the foundation for the launch of decentralized exchanges and bond markets.

ChainCatcher news, Band Protocol announced a partnership with Stride, a leading liquid staking protocol in the Cosmos ecosystem, to launch the first liquid staking derivative of the BAND token, stBAND. Users can obtain stBAND by directly staking BAND on the Stride platform or trading on the Osmosis decentralized exchange.

ChainCatcher news, according to CoinDesk, the Bitcoin staking platform Solv Protocol has launched a new Bitcoin staking method for cbBTC holders on Base (cbBTC is the newly launched wrapped Bitcoin by Coinbase, which has been live on Ethereum and Coinbase's Ethereum Layer 2 network Base since last week).According to the Solv team, Solv Protocol allows cbBTC tokens to be minted into SolvBTC, which can further be converted into a new liquid staking token SolvBTC.BBN.

ChainCatcher news, according to official sources, the Lido Alliance has announced the launch of a liquid staking protocol called Drop, designed specifically for Interchain assets. Drop is built on Neutron and allows users to stake their Interchain assets and receive dAssets in return. Currently, it supports liquid staking for ATOM and plans to add support for TIA soon.According to Drop's tokenomics model, it will allocate 10% (100 million) of the liquid staking asset rewards to a dedicated pool, with the usage determined by the DROP DAO after the launch of the DROP token, which may include distributing rewards to DROP stakers or creating an insurance fund.

According to ChainCatcher news, the Solana ecosystem's re-staking protocol Solayer has announced a partnership with Bybit, Sanctum, Kamino Finance, and Orca to launch an innovative exchange-supported liquid staking token (LST) bbSOL. As Bybit's official LST, bbSOL will serve as an important bridge between the centralized and decentralized operations of the exchange. bbSOL holders can earn diversified rewards, including staking, liquidity mining, MEV rewards, and re-staking. Solayer, as the initial partner, provides native support for bbSOL, allowing users to earn additional rewards by delegating tokens to AVS. Since the mainnet launch last month, Solayer has attracted over 112,000 independent wallets to deposit more than $190 million worth of SOL, becoming one of the leading re-staking platforms in the Solana ecosystem.

ChainCatcher news, according to an announcement on Tuesday, Binance plans to launch a Solana (SOL) staking product by the end of September.This tool, named BNSOL, will allow users to stake SOL tokens to earn a portion of the fees paid by the network and mint a liquid staking token that can be used while these underlying tokens are locked. "Unlike native staking, BNSOL allows users to unlock liquidity, enjoy continuous reward accumulation, and seamlessly participate in the Binance platform and the broader DeFi ecosystem. This is an ideal solution for those looking to maximize the potential of their staked Solana tokens," said Vishal Sacheendran, head of Binance's regional markets, in a statement.Binance is writing a "dynamic annual percentage rate" (APR) for these tokens, which will be adjusted based on the current staking yield of Solana and follow a commission rate related to the accrued reward amount and the value of BNSOL relative to SOL. Users will be subject to a redemption waiting period when redeeming their tokens. Binance will officially announce the launch of the protocol later this month.

ChainCatcher news, according to official sources, the Unisat wallet has now integrated the Bitcoin liquid staking protocol pStake Finance, allowing users to stake BTC through pSTAKE to earn future rewards.BlockBeats previously reported that on May 15, the liquid staking protocol pSTAKE Finance, supported by Binance Labs, launched a Bitcoin-based liquid staking solution. This solution is built on Babylon's Bitcoin staking protocol, aiming to simplify the Bitcoin staking process and provide BTC holders with additional yield generation opportunities. Previously, the protocol primarily built its liquid staking solution on Cosmos.

ChainCatcher message, Bybit announced the launch of the exchange-supported liquid staking token bbSOL on the Solana chain. bbSOL serves as a bridge between the Bybit centralized exchange (CEX) and Web3 platforms, providing users with returns. By staking Solana (SOL) on Bybit Web3, users will receive bbSOL tokens, unlocking more earning opportunities within Bybit's CEX and Web3 products.Additionally, Bybit has launched the Sanctum token CLOUD, which has currently increased by 15%.

ChainCatcher message, in the past seven days, the liquid staking protocol has accumulated an inflow of 110,000 ETH. Last week, Lido held 9.81 million ETH, which has now risen to 9.82 million, an increase of 10,000 ETH. Currently, Lido's ETH accounts for 71.67% of the locked ETH market share. Meanwhile, Rocket Pool has seen almost no change this week, maintaining a supply of 1.18 million ETH.Of the 110,000 ETH deposited, 88.27% flowed into the Binance Staked ETH protocol, with its ETH holdings rising from 912,902 to 1.01 million.The ETH supply on Mantle has also increased, rising from 488,734 to 507,452, an increase of 18,718 ETH.

ChainCatcher message, Sanctum announced the launch of several new liquid staking tokens on the X platform, including mangoSOL (Mango), uptSOL (UpRock), LOTUS (lotusSOL), uSOL (Urban Node), pineSOL (Pine Analytics), gS (Guardian Validator), and eonSOL (EONpool).

ChainCatcher news, according to official sources, the Cosmos ecosystem liquid staking protocol Stride stated on social media that from February to June, a total of 250,000 STRD was allocated to stDYM holders. These tokens will be distributed over the next 150 days, and users can choose to unlock immediately, incurring a 30% loss to receive the full airdrop right away.

ChainCatcher news, according to the Snapshot governance page, Tally's market lead Frisson has proposed a new initiative aimed at enhancing the governance mechanism and increasing security through the implementation of ARB token staking.The proposal plans to launch a liquid staking token named stARB through the Tally protocol, introducing DeFi and Restaking to achieve token staking yields and compound interest while retaining governance delegation rights for holders.Development work is expected to begin in August, with a complete ARB staking implementation proposal to be submitted in October. Upon approval of the proposal, $2 million worth of ARB tokens will be provided as development funding.

ChainCatcher news, according to official sources, Lido has launched an institutional-grade liquid staking solution called Lido Institutional. The Lido Institutional middleware solution combines the reliability and security required for enterprise-level staking with the liquidity and practicality needed for diverse institutional strategies.Lido stated that as the protocol gains the trust of more and more well-known institutional partners, Lido has become the preferred choice for many institutions looking to participate in Ethereum staking. Lido will continue to strive to provide excellent staking solutions that meet the high standards of custodians, asset managers, exchanges, and more.