December 9, 2022, 8:23PM EST
• 9 min read
Quick Take
- Ethereum continues to be the largest DeFi ecosystem by far, and has consequently endured significant impacts from the collapse of FTX and Alameda
- The decrease in liquidity across a large majority of DeFi protocols has been palpable, with some of the withdrawals appearing to have been performed by Alameda directly
- Meanwhile, both staked ETH and liquid-staked ETH continue to rise as new estimates emerge for the upcoming Ethereum Shanghai upgrade in 2023, which would unlock the ability for validators to withdraw their staked ETH
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