BlockBeats news, on August 15, Jlabs Digital analyst Ben Lilly pointed out that current stETH is being withdrawn from Lido. Meanwhile, another lending protocol Figment is absorbing Lido's market share, which means Figment could be an ETF staking partner. 32% of stETH (wstETH) is used as collateral for lending protocols, and decoupling could mean liquidation of the lending protocol.
It is noteworthy that currently, 278,000 wstETH is in a 'high risk' status (high risk is defined as a health factor between 1 and 1.1 times).
