Wintermute supports stETH as collateral for over-the-counter trading

ChainCatcher news, Lido announced that stETH has been added to Wintermute's multi-currency collateral support list for over-the-counter trading. This means users can stake ETH to earn rewards while using stETH as collateral for Wintermute's OTC trading for the first time, helping institutions maximize asset utilization and improve trading efficiency.

Currently, out of 120 million ETH in circulation, only 33.8 million are staked, with approximately 10.2 million staked through Lido.