Golden Finance reported that according to DefiLlama data, the Ethereum liquidity re-pledge TVL was approximately US$284 million on January 1 this year. As the demand for the utility of pledged assets increases, the total locked value (TVL) of the Ethereum liquidity re-pledge agreement ) will increase by nearly 6,000% in 2024 to reach $17.26 billion today, occupying an overwhelming market share, Solana Today’s on-chain liquidity re-hypothecation TVL is approximately $56.41 million.