In a recent development within the crypto space, BitMEX Founder Arthur Hayes has expressed his enthusiasm for the soaring success of ether.fi, as its total value locked (TVL) surpasses a significant milestone of $1 billion. Notably, this achievement marks ether.fi as the first liquid restaking token (LRT) to breach the billion-dollar TVL mark, sparking intrigue and excitement in the cryptocurrency community.
ether.fi TVL Crosses The $1 Bln Mark
BitMEX’s Arthur Hayes took to social media X, to share his excitement about the rapid ascent of ether.fi, and expressed optimism about the project. Notably, this post accompanied an image showcasing the TVL of ether.fi crossing the monumental $1 billion mark, according to data from DeFiLlama as of February 10, 2024.
However, at the beginning of the year, ether.fi held a modest $103 million in total value locked (TVL). Considering that this meteoric surge in the TVL has sparked curiosity among the crypto market enthusiasts who are looking for a
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