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What is LSDx
LSDx is a protocol designed to amplify liquidity and optimize fund utilization for all LST assets. This is achieved through minimal slippage trading via the Stable Swap mechanism and fostering sustainable yield enhancement through the DeFi Economy.
Debuting during the LST Farming Summer, LSDx emerged as a pioneering protocol, amassing a remarkable Total Value Locked (TVL) of $9.44 billion. Through a blend of the synthetic asset ETHx, low-slippage LSDxSwap, stablecoin LSDxUM, and the innovative Gauge Pool, LSDx constructs a robust DeFi infrastructure for LSD holders, bolstering the security and decentralization of the ETH PoS network.