Staking provider Lido saw its token rise by over 12% to $45.81, and Lido staked ether is outperforming ether at on-day gains of 6.5%. Meanwhile, on-chain derivatives exchange GMX’s token is up by 8.7%, perhaps because traders are looking for derivatives infrastructure they believe is beyond the reach of the CFTC (though decentralization, historically, hasn’t been a great defense).

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Author: Sam Reynolds

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