Liquid Staking Finance (LSDFi)

LSDFi is a DeFi concept that has been growing since 2023, focusing on establishing a market driven by Liquid Staking Derivatives (LSDs). Essentially, LSDfi refers to DeFi protocols that are built on top of liquid staking derivatives (“LSDs”). By offering additional yield-generating opportunities, LSDfi protocols allow LSD holders to put their assets to work and maximize yield. It is an entire ecosystem driven by the force of a standardized LSD asset.

For Hydrogen on Blast, the LSD tokens are Hydro Liquid Staked ETH - hsETH and Hydro Liquid Staked USDB - hsUSDB.