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LSD Narrative Incoming: RPL and frxETH Trending
Sandra Leow
main
Key Takeaways
2 min read
  • The LSD Narrative is in full bloom this week as more traders are pilling in to trade the current narrative.
  • Tokens such as RPL and frxETH have seen significant accumulation over the last 24 hours.
  • RDNT has expanded to the BNB Chain in the past few days, resulting in significant inflows into their rUSDT token.

The LSD Narrative is in full bloom this week as more traders are piling in to trade the current narrative.

We’ve compiled a list of tokens that could potentially benefit from the LSD narrative below (the dashboard will be shared on our community discord channel):

  • ZERO, PENDLE, SD, and PSTAKE experienced the largest price changes in the last day. These tokens are classified as small to mid-cap tokens within the LSD narrative landscape.
  • ZERO had a price increase of +35% in the last day, and the current market cap stands at $4.5m. At the time of writing, the price per token is $0.6. Zero Liquid is a protocol that enables LSD tokens to be used as collateral for self-repayment, 0% interest...